Quotes for All
Art has been hijacked by nonartists. It’s been taken over by bookkeeping. The whole thing is so corrupt. But I suppose that’s okay. For artists, everything is grist for the mill. Artists are like cockroaches; we can’t be stamped out. Elaine de Kooning
Making good judgments when one has complete data, facts, and knowledge is not leadership – it’s bookkeeping Dee Hock
To devise an information processing system capable of getting along on its own – it must handle its own problems of programming, bookkeeping, communication and coordination with its users. It must appear to its users as a single, integrated personality. Cliff Shaw
Economists get very uncomfortable when you talk about virtue and vice. It doesn’t lend itself to a lot of columns with numbers. But I would argue that there are big virtue effects in economics. I would say that the spreading of double-entry bookkeeping by the Monk, Fra Luce de Pacioli, was a big virtue effect … Read more
Creative accounting is an absolute curse to a civilization. One could argue that double-entry bookkeeping was one of history’s great advances. Using accounting for fraud and folly is a disgrace. In a democracy, it often takes a scandal to trigger reform. Enron was the most obvious example of a business culture gone wrong in a … Read more
You have to know accounting. It’s the language of practical business life. It was a very useful thing to deliver to civilization. I’ve heard it came to civilization through Venice which of course was once the great commercial power in the Mediterranean. However, double entry bookkeeping was a hell of an invention. Charlie Munger