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by jotakami
2250 days ago
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Where to begin? I’ve been reading about economics for about 15 years, and I have to say that this crisis has brought a level of clarity about certain economic truths that I never would have seen otherwise. First: accounting. I got an MBA five years ago and accounting was my favorite subject because it is behind everything that a business does. Accounting is the instrumentation that allows humans to organize their activity across tremendous scale and complexity and still be confident that they are producing value (making a profit). In the modern economy, accounting is everything. Try reading Jerome Levy’s “Where Profits Come From” to check your accounting chops: https://www.levyforecast.com/assets/Profits.pdf |
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