Monthly Archives: March 2016

Since Plato never felt the need to learn accounting for himself, he would not  have noticed any of the “loose ends” that made no rational sense at certain irrational financial moments in my “Socratic” reading of financial history.  Here are a few examples that would get Socrates’ attention.  (Not all directly involve Accounting.)

Several weeks after I, and countless others, watched a significant percentage of my modest investments dematerialize on “Black Monday” in October 1987, I read explanations of How…..

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If the questions were “Why” and “How” the American Economy was failing to offer a reasonable opportunity for earning a better life than one’s parents for most of America’s “middle-class” of common citizens, and failing to do so for at least one generation or more – Socrates and Plato would agree on the need for “transparent” and reliably truthful Accounting records to ensure the data about money was truthful and reliable.  No one can rationally reason without reliable data.

Whenever…..

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The only people who sincerely believe the American Economy is not really broken (but just requires superior tinkering or a better way of modifying the Social Protocols that govern human behavior, especially in the economic world) are delusional because they are not rationally learning from history. More than half a century of real history proves they are delusional.

[Socrates, like any other practical and rational man, would try to find “Why” and “How” things did not work out well for…..

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