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https://trendmacro.com/system/files/20020514TrendMacroLuskinBrennerAS.pdf
The American Spectator
Wednesday, May 1, 2002
Options are risky derivatives that represent risky claims on human capital -- they should appear on companies' balance sheets.
Author:
Donald L. Luskin
Author Override:
Donald L. Luskin and Reuven Brenner