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"That way the relative equity risk per picture is relatively small," Mr. Smith said, "and you get a lot of times at bat, which is important because there is no way you can predict what consumers will respond to.
PERU IN NEW NOTE AGAIN SCORES CHILE; Writes Coolidge That It Seeks 'Relative Equity' in Plebiscite Territory, Scene of Terrorism.
Archives|PERU IN NEW NOTE AGAIN SCORES CHILE; Writes Coolidge That It Seeks 'Relative Equity' in Plebiscite Territory, Scene of Terrorism.
He also administered enrollment quotas for what were then 96 degree-granting units (now 101), requiring, as he said in his understated way, "considerable negotiating," all the while balancing relative equity across programs and remaining mindful of resource constraints.
The town-centered political economy of New England created a large region in which labor earned respect, relative equity ruled, workers exercised political power despite doing the most arduous tasks, and the burdens of work were absorbed by citizens themselves.
The ratio of European companies' cash earnings (net income plus depreciation) to bond yields a useful barometer of relative equity valuations had dropped to about 1.75 to 1 in June, down from 2.4 to 1 last December.
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There's a lot of attention paid to the relative equities and what looks fair.
Persuade the government to let you build a big bank; take a great deal of risk in that bank (particularly by increasing leverage, i.e., debt relative to equity); pay yourself based on the return on equity, unadjusted for risk; get cash payouts while times are good; and when events turn against you, the central bank can bail you out — and keep you in place because you are regarded as indispensable.
An even bigger problem is the favourable tax treatment of debt relative to equity.
But in banking we limit leverage (debt relative to equity) through regulation while encouraging leverage through the tax code.
Professors Modigliani and Miller made an important point — an increase in leverage, by itself (i.e., more debt relative to equity in the funding of a firm) does not create value.
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Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com