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Showing posts with label accounting. Show all posts
Showing posts with label accounting. Show all posts
Thursday, January 16, 2020

The GRI country-by-country reporting standard is launched today and other accounting standards setters should be taking note — Richard Murphy

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As the FT reported a couple of days ago when discussing corporation tax and corporate accountability: Now the Global Reporting Initiativ...
Friday, December 6, 2019

Who are accounts really for? – my first column now I am back with AccountingWEB — Richard Murphy

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Important. Richard Murphy reports that the era of responsibility to shareholders rather than stakeholders is over. TPTB recognize that capit...
Wednesday, April 17, 2019

Richard Murphy — It’s time for accountancy to put climate change at the core of financial reporting

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Socializing negative externality doesn't eliminate the actual cost. That needs to be accounted for. Tax Research UK It’s time for acc...
Friday, September 22, 2017

Awara — Simple Tips That Will Help You Choose the Best Accounting Company in Russia

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While doing business in Russia, you might have already learned the easy or the hard way that local accounting principles significantly diff...
Saturday, July 15, 2017

Steve Roth — Why Tyler Cowen Doesn’t Understand the Economy: It’s the Debt, Stupid

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It’s the debt, stupid = doing economics without balance sheets and awareness of finance. It’s as if Irving Fisher and Hyman Minsky had ...
Thursday, October 6, 2016

Ellis Winningham — A Brief Note on Loan Payments, Accounting and Bank IOUs

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Whenever I discuss banking operations, I usually receive at least one question asking me about how a loan is paid off and where the payment...
19 comments:
Sunday, July 10, 2016

Diane Coyle — Civilising money

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I am going to have to read this book. Fortunately, it is modestly priced. You can " Look inside " at Amazon. Publisher's ...
Friday, March 11, 2016

Joanna Masel — How Your Savings Plan Fuels an Arms Race on Wall Street

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Policy makers are keen to encourage people to save more money for retirement, e.g. via tax incentives. This is great advice for individuals...
2 comments:
Sunday, January 17, 2016

Ramanan — National Accounting As Atheism

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On his blog, Sample Of One, Eric Lonergan has a post tiled Accounting as religion: Buffett, Derrida, and MMT . The post ends with the follo...
2 comments:
Saturday, January 16, 2016

Eric Tymoigne — Money and Banking – Part 2

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The previous post reviewed basic balance-sheet mechanics. This post begins to apply them to the Federal Reserve System (Fed). New Economi...
Tuesday, November 24, 2015

Bill Mitchell— Flow-of-funds and sectoral balances

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I have noted some misperceptions about the derivation, meaning and application of the so-called sectoral balances framework that is used in...
9 comments:
Tuesday, October 20, 2015

Steve Roth — Thinking About “Assets” and Ownership

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Purely “real” or nonfinancial assets have no such offsetting claims on other balance sheets. In theory, they represent direct claims on rea...
5 comments:
Friday, March 27, 2015

JP Hochbaum — T Accounts of monetary operations

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Put together by Nathan Cedric Tankus FYI. Heretical Druthers T Accounts of monetary operations JP Hochbaum
Saturday, July 12, 2014

Cameron K. Murray — A tribal ceremony: Reconciling the economics of debt

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To begin, a theory of resource allocation is right to treat debt as an internal allocation mechanism of real resources in the economy. In...
Tuesday, April 22, 2014

The Whole World Runs A Capitalism & Macro-Economic "Barro" Experiment, And The Results Come Out Opposite To Theory

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(Commentary posted by Roger Erickson) This is just astounding. Was there ever another peep from Barro? Bill Mitchell Unearths Yet More Opti...
1 comment:
Saturday, March 1, 2014

Capitalism Is Merely Personal Accounting Excessively Applied, Leading To Social-Dissociation, Not Social-Aggregation

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(Commentary Posted by Roger Erickson) So why not just replace minimum wage with a minimum cultural profit sharing program? Another Aut...
Tuesday, January 14, 2014

Capitalism Redefined? .. Not Really

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   (Commentary posted by Roger Erickson) Two capitalists list capitalism's flaws ... can't make any plausible suggestions For ...
Saturday, November 2, 2013

Randy Wray — What Do Banks Do? What Should They Do?

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Minsky. Economonitor — Great Leap Forward What Do Banks Do? What Should They Do? L. Randall Wray | Professor of Economics and Research ...
32 comments:
Monday, August 5, 2013

Winterspeak— Intentionality and Accounting

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Some weeks ago I had a good back-and-forth with the indomitable JKH in the forums about how useful Mosler's "paradigm shift" ...
3 comments:
Monday, July 1, 2013

Steve Keen —The self-destruction of academic economics

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The self-destruction of academic economics Steve Keen Over the last 40 years, economics has gone from being 40% of any business degr...