steveg144 - 26 April 2008 01:56 AM
He sounded like a man who started out with a political/social agenda, and then marshalled a set of cherry-picked facts (and a good number of non-facts) all designed to buttress his agenda. That being said, the ep did make me think, which is what I expect from PoI, so from that point of view, the ep was a success.
When someone makes me waste brain power analyzing BS so I have to shoot holes in it to figure out that it is BS they just piss me off. That is what is wrong with this society. You spend more time sorting out crap being thrown at you than you do making progress.
Double entry accounting is 700 years old.
http://www.ivcc.edu/steljes/GeneralPages/Links/accounting_history_in_a_nutshell.htm
So if grade school kids had been taught basics of accounting and then a year of accounting in high school followed by a year of economics, and that done since 1945, then what state would the American economy be in today? Maybe we would not have all of these foreclosures because almost all Americans would have their homes payed for by now. How desperate would Americans be for jobs if they didn’t have to pay rent or mortgages?
How tedious would accounting be with properly designed accounting software? The way some of this stuff looks the computers make things more difficult. I can understand why schools would like that. I have two accounting books that cost $100 and have more than 1000 pages and not a single diagram of cash flow in either one. RIDICULOUS
http://www.bsu.edu/news/article/0,1370,-1019-11714,00.html
I believe we have a problem of people who think they are smart making knowledge difficult to acquire for other people in order to maintain their advantage. They call that competition.
A funny example is Suze Orman. I checked the indexes of 5 of her books and depreciation was not listed in any of them. I have Sylvia Porters MONEY BOOK from 1975. Depreciation is listed on 5 pages. 4 of those entries are about depreciation of automobiles. But if you look up accounting in her book it just talks about getting a job as an accountant. Now Porters book is more than 1000 pages. I think she could have said quite a bit about accounting in 50 pages if she wanted to.
So why isn’t everybody that’s talking about economics saying how the economy might work differently if everyone understood accounting? It wouldn’t be that the smart people want the dumb people to STAY DUMB, you suppose?
psik