Pre-Columbian accounting

by Jay Cross on November 26, 2006

Tom Munnecke at upliftacademy.org in email:


Given that we have a health care system whose errors are a leading cause of death, an international development model that has invested $2.3 trillion with little or nothing to show for it, an educational system that is heading down a similar path, I guess I am glad to be “oblique to the consensual reality.” And yes, I think that our 500 year old pre-Columbian artifact of an accounting system is need of replacement. Just because we happen to have this shared delusion that we can add up labor, goodwill, interest, and options and get a bottom line (assuming linearity) doesn’t mean that the world actually works that way

Needless to say, I love this. Way to go, Tom.

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