Why Big Oil Should Kill Itself
A big part of the problem is that GAAP allows the oil companies to capitalize their exploration activities. If capex were treated as opex, they would all be losing money.
Christopher T. Mahoney is a former Vice Chairman of Moody’s.
Aug 28, 2013 Christopher T. Mahoney
Aug 27, 2013 Christopher T. Mahoney
Aug 26, 2013 Christopher T. Mahoney
Aug 25, 2013 Christopher T. Mahoney
Aug 25, 2013 Christopher T. Mahoney
In the United States and Europe, immigration tends to divide people into opposing camps: those who claim that newcomers undermine economic opportunity and security for locals, and those who argue that welcoming migrants and refugees is a moral and economic imperative. How should one make sense of a debate that is often based on motivated reasoning, with emotion and underlying biases affecting the selection and interpretation of evidence?