000 01666nam a2200277 a 4500
001 58559
005 20260219124006.0
020 _a9780393346596
040 _aAIS
_dAIS
100 _aJane Gleeson-White
245 _aDouble Entry: How the Merchants of Venice Created Modern Finance
082 _a657.09
250 _a1st
260 _aUSA
_bW. W. Norton & Company
_c2012
520 _aFilled 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.
655 _aHistory
655 _aNonfiction
655 _aEconomics
655 _aFinance
655 _aBusiness
655 _aAccounting
655 _aMathematics
655 _aMoney
650 _a(ASB-2515) Financial Accounting
650 _a(ASB-2516) Financial Accounting
999 _c58559
_d58559