Double Entry: How the Merchants of Venice Created Modern Finance
Author | : | |
Rating | : | 4.48 (766 Votes) |
Asin | : | 0393346595 |
Format Type | : | paperback |
Number of Pages | : | 304 Pages |
Publish Date | : | 2017-09-30 |
Language | : | English |
DESCRIPTION:
Gleeson-White has degrees in economics and literature from the University of Sydney. Jane Gleeson-White is the author of Double Entry: How the Merchants of Venice Created Modern Finance, which won the 2012 Waverley Library Award for Literature.
A Great Informative Read This is not your ordinary history book. In Double Entry, Gleeson-White transforms what is ordinarily the dull and boring subject of accounting -- think of all those Monty Python jokes about Chartered Accountants -- and turned it into an exciting, lively, and relevant history. Gleeson-White's narrative is lively, highly readable and well-research in an otherwise obscure area. She has. Glimpsing the soul of Double Entry Andrew Maffei I have a close friend that alerted me to the importance of Double Entry Bookkeeping (DEB) in society six years ago. He had several personal stories to tell about his early work life as an apprentice at General Electric in Lynn MA back in the 50s and how the double-entry pattern pervaded all departments -- machine shop, drafting, parts-assembly, etc. He introduced me to Pacioli, Paci. Double Entry (AKA Debit/Credit) My Opinion This is an amazing story of the birth of the accounting method known as "double entry" that is still used today. As an accounting major in college, I remember hearing the name Luca Pacioli, but none of my accounting courses dwelled on the man or the time in history that he occupied. After working in the accounting profession as a certified public accountant and as a corporate financ
Yet double-entry accounting has had its failures. Luca Paciolimonk, mathematician, alchemist, and friend of Leonardo da Vinciincorporated Arabic mathematics to formulate a system that could work across all trades and nations. Shows double entry’s role in the creation of the accounting profession, and even of capitalism itself.”The New Yorker Filled with colorful characters and history, Double Entry takes us from the ancient origins of accounting in Mesopotamia to the frontiers of modern finance. At the heart of the story is double-entry bookkeeping: the first system that allowed merchants to actually measure the worth of their businesses. With the costs of sudden corporate collapses such as Enron and Lehman Brothers, and its disregard of environmental and human costs, the time may have come to re-create it for the future.. John Maynard Keynes would use it to calculate GDP, the measure of a nation’s wealth. “Lively history. As Jane Gleeson-White reveals, double-entry accounting was nothing short of revolutionary: it fueled the Renaissance, enabled capitalism to flourish,
“Entertaining and informative.” - The Economist“Lucidly presented. Fascinating.” - Drew DeSilver, Seattle Times“A timely, topical, readable, and thought-provoking look at the history and legacy of double-entry bookkeeping.” - Elif Batuman, author of The Possessed“Elegantly written charts the epic journey of the humble device that showed how to count the cost of everything, from the Doge’s Palace to the acrobatics of John Maynard Keynes’s General Theory.” - Nicholas Wapshott, author of Keynes Hayek“A stimulating approach that presents a compelling outline for further detailed review.” - Kirkus Reviews“Starred review. This dynamic examination of the impact and legacy of double-entry bookkeeping is sure to appeal to those in the ac