By thinking that the resulting pension pot is ours alone--and that the cash value recorded within it will be enough to keep us in old age--we've ignored the fact that we have to actually invest in those real things we can sell to the next generation.

FORBES: Opinion

But this implies that Berkshire recorded these assets at a value which was unrealistic, which is not the case.

ECONOMIST: Letters

Assets that have lost value must be recorded at whatever price they might fetch if they were sold today - if they could be sold, that is.

NPR: SEC Changes On The Table

Watches costing more than 3, 000 francs recorded the highest rate of growth in value terms at 21.8 percent.

FORBES: Swiss Watch Exports Enjoy Record Growth In 2011

In value terms, gold watches recorded the highest increase (26.5 percent), linked to an upturn in volumes of 24.2 percent.

FORBES: Swiss Watch Exports Enjoy Record Growth In 2011

Far more is at stake here: the value of movies and television dwarfs the recorded-music and music-publishing industry.

ECONOMIST: The good and bad of internet file-sharing

The assets acquired and the liabilities assumed from Lotus will be recorded at the date of acquisition, at their fair value.

FORBES: What A Creative Biotech VC Exit Looks Like In 2013

Mr Mather added that it was "encouraging" that three successive quarters of growth have been recorded, after separately compiled UK figures recently indicated the value of Scottish exports of all goods rose by 3.5% over the year to March.

BBC: Whiskey

When they do, the profits are recorded on their financial statements here, and the future cash flow from those investments is capitalized into their value on our stock market.

FORBES: Follow the Flow

The concepts of assessment for learning, particularly the value of peer- and self-assessment of work coupled with explicit, written-down or recorded logs of learning, are not recognized as a valuable norm in, arguably, the majority of our planet's classrooms.

ECONOMIST: The Economist Debate Series: Education