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econ.TH2025
Why `Fair Market Valuations' are Inappropirate for Employee-Owned Firms and Partnerships
David Ellerman
The usual formulas for the fair market valuation of a firm at time include the profits accruing to the shares at time from the use of wage or salaried labor in the future.…
quant-ph2025
The Way from Rota to Quantum Mechanics
David Ellerman
This paper traces an intellectual journey or \textit{Way} (in the sense of a Tao) that starts with some unfinished work of Gian-Carlo Rota on making a logic of equivalence relation…