Academic

When I first guested on this blog, I checked out its value on this oh-so-reliable calculator.  If you didn't think too carefully about the methodology, you could conclude that the blog was worth $135,489.60 then.  What has happened since I was invited to join the permanent roster? 

We're worth $111,778.92.  Approximately.

What could possibly account for the massive destruction of a fifth of the blog's value?  I think the answer is pretty clear.  Rising fuel costs haven't helped.  Bad weather in the Midwest clearly played a role.  But more than anything, what we can learn from this exercise is this: the global economy unquestionably in recession.  HT: Volokh