Double Entry: How the Merchants of Venice Created Modern Finance

Book details

Details for Double Entry: How the Merchants of Venice Created Modern Finance
AuthorGleeson-White, Jane
PublisherW. W. Norton & Company
Bindinghardcover
PublishedOctober 2, 2012
EditionFirst Edition
LanguageEnglish
Pages294
ISBN-100393088960
ISBN-139780393088960
Weight1.0 lb
Dimensions
H × W × L
1.2 in × 5.8 in × 8.3 in

Double Entry: How the Merchants of Venice Created Modern Finance

$4.97 $19.37
Availability:
In stock
SKU:
0393088960-4
Condition
Condition notes

Used book in good condition. Pages and cover are intact, with signs of use. Notes or highlighting are possible. CDs and access codes may be missing.

About this book

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. Luca Pacioli—monk, mathematician, alchemist, and friend of Leonardo da Vinci—incorporated Arabic mathematics to formulate a system that could work across all trades and nations. As Jane Gleeson-White reveals, double-entry accounting was nothing short...

Read the full description

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. Luca Pacioli—monk, mathematician, alchemist, and friend of Leonardo da Vinci—incorporated Arabic mathematics to formulate a system that could work across all trades and nations. As Jane Gleeson-White reveals, double-entry accounting was nothing short of revolutionary: it fueled the Renaissance, enabled capitalism to flourish, and created the global economy. John Maynard Keynes would use it to calculate GDP, the measure of a nation’s wealth. Yet double-entry accounting has had its failures. 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.


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