Business
Douglas Merritt sets out to show that waiving an unapplied charge cannot change a price, then finds a panel that had been pricing the possibility of a bill as though it were a barrel.
5 min read
Zero, With A Liability
Economy
Douglas Merritt prices the cargo, prices the promise, and reports that the promise is worth eight and a half times the cargo for as long as the delivery date keeps receding.
5 min read
Eleven Cents, None Of Them Shipped
Business
Douglas Merritt is asked to re-price a line the program removed in October, finds the arithmetic sound and the unit wrong, and publishes the division rather than the verdict.
4 min read
A Unit Error, Correctly Summed
Business
Douglas Merritt traces a sentence in an eleventh-grade unit back through a standards document and a press release to the print specification, and finds the correction is a lesson.
4 min read
Corrected Into The Syllabus
Business
Douglas Merritt runs the birth-account program forward to maturity, finds the donor's name was cut from the statement to save four tenths of a cent, and gets firmer forward guidance from a state textbook board than he has ever had from a central bank.
5 min read
Forward Guidance, From A Textbook Board
Business
The Sunday accuracy spreadsheet becomes a quarterly feature, and the column that hurts is the one counting how long a retracted number keeps getting quoted.
6 min read
Self-Audited, Which Is The Problem
Business
A blue-ribbon panel of economists, most of whom voted against him, concluded that the tariff strategy produced results they cannot explain and refuse to endorse publicly.
7 min read
Data Uncooperative