The Reckoning: Financial Accountability and the Rise and Fall of Nations cover
The Reckoning: Financial Accountability and the Rise and Fall of Nations
by Jacob Soll
ISBN: 0465031528
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dustingetz · 2023-11-21 · Original thread
The direction of progress is the direction of increasing accountability

good book about that - https://www.amazon.com/Reckoning-Financial-Accountability-Ri... tldr thesis is that the invention of double entry bookkeeping is the thing that has caused modern prosperity, not capitalism. we can only cooperate to the extent that we can detect cheating. Consider a 1600s merchant – without the ability to detect fraud, how can you give your goods to a shipping company? Capitalism is only possible if you can count your capital! a memorable example was a French king (Louis XV?) who bankrupted the realm because he didn’t know how much money he had.

Amelot · 2014-06-24 · Original thread
The missing chapters might be found in the book by the author

The Reckoning

http://www.amazon.com/The-Reckoning-Financial-Accountability...