Double Entry: How the Merchants of Venice Shaped the Modern World
Jane Gleeson-White · ★★★★☆ · 294 pages · 2011
An overview of the history of bookkeeping from when it entered Venice to its use now and how it evolved as we went through different economic revolutions.
At the end though the author does go into a critical view of double entry and accounting for not really dealing with the issues of 21st century. It doesn’t cover the costs of environment, poverty, healthcare, etc. furthermore, accounting isn’t standardized in a true sense so we still have things like the 2008 crisis.
I guess what I got out of it is that double entry has worked when we were working from in a sense endless resources perspective but now it doesn’t fully capture the true economic cost of something.