It's a relational system: the value of a cultural good is relative to the value of every other cultural good.
The big issue for health care reform is high costs relative to the value of health care received.
He added, "We make every effort to price our prices competitively, relative to the value they provide to patients".
They purposefully increased their debt relative to the value of their assets.
The housing associations involved are unlikely to be destabilised by My Home Finance's problems, given the small size of their stakes relative to the value of their overall businesses.
As a result, their owners pay far less in property taxes, relative to the value of the apartments, than most New York apartment owners pay.
That said, he added, "there are some investments where you won't see a return on your investment, because they're too expensive relative to the value they add".
Such algorithms use factors like a package's origin, its destination and the cost of a shipment relative to the value of the object shipped, he said.
There was one other wrinkle: those whose wealth in shares, bonds and the like was high relative to the value of their home were less likely to refinance.
And the same goes for pizza, which, at 99 cents a slice, is cheaper — relative to the value of the dollar — than it has ever been in history.
Optimists point out that debt has actually fallen relative to the value of private-sector assets, thanks to higher share prices.
