Don Lloyd

Latest work

08/01/2004 Mises Wire Don Lloyd

The Question of Miniscule Quantities of Gold Money During the Transition From Barter to a Money Economy If all existing available forms of gold are placed in one of the two categories of monetary or...

Revisiting Opportunity Cost

05/03/2004 Mises Wire Don Lloyd

In an article in the March 2003 Harvard Business Review entitled ‘For the Last Time: Stock Options Are an Expense’, authors Zvi Bodie, Robert S. Kaplan, and Robert C. Merton attempt to justify the...

Retirement Funding and Price Inflation

04/23/2004 Mises Wire Don Lloyd

From an accounting standpoint, future retirement is considered as properly prefunded if either the government sets aside tax money to make future payments or if an individual himself saves his own...

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