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Using length as a proxy for quality is very much a value judgment.
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Not all the installations show such a strong imagination, and if an overall judgment has to be made, the artistic quality of the Biennial as a whole is mixed.
ECONOMIST: Contemporary art
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And mark-to-market accounting meant that banks were valuing illiquid assets at prices which reflected a lack of buyers as much as underlying credit quality (accounting-standards bodies have since been bullied into allowing bankers to exercise more judgment in how they classify and value such assets).
ECONOMIST: Rebuilding the banks
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But when the company that makes a mistake enjoys a reputation for innovation and superb product quality like Apple, business strategists begin to wonder whether the mistake is just the result of poor judgment or a change in business priorities that may have far reaching consequence for the future of the company.
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