{"product_id":"double-entry-how-the-merchants-of-venice-created-modern-finance-9780393088960","title":"Double Entry: How the Merchants of Venice Created Modern Finance","description":"\u003cp\u003eA timely  topical  readable  and thought-provoking look at the history and legacy of double-entry bookkeeping.Elif Batuman  author of The Possessed 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 Paciolimonk  mathematician  alchemist  and friend of Leonardo da Vinciincorporated 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 nations 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.\u003c\/p\u003e","brand":"My Store","offers":[{"title":"Default Title","offer_id":45648155770933,"sku":"ByrdShop_0393088960","price":26.56,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0627\/8139\/0901\/files\/9780393088960.jpg?v=1781711066","url":"https:\/\/atxbooks.com\/products\/double-entry-how-the-merchants-of-venice-created-modern-finance-9780393088960","provider":"ATX Books","version":"1.0","type":"link"}