tag:blogger.com,1999:blog-17908317.post113263144627040016..comments2024-03-26T08:11:33.690-07:00Comments on Unenumerated: Origins of the joint-stock corporationNick Szabohttp://www.blogger.com/profile/16820399856274245684noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-17908317.post-67155631151071347282010-03-23T18:42:40.729-07:002010-03-23T18:42:40.729-07:00i very much love all your posting way, very intere...i very much love all your posting way, very interesting.<br />don't give up and also keep posting due to the fact that it simply just that is worth to look through it.<br />excited to find out way more of your current articles, good bye :)Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-17908317.post-12051647857668131012009-03-15T06:26:00.000-07:002009-03-15T06:26:00.000-07:00One of the factors in the rise of the corporation ...One of the factors in the rise of the corporation was the invention of double-entry bookkeeping, invented sometime around the 1400s AD, and ultimately documented in 1494 by Luca Pacioli, a Friar in Venice. This mechanism allowed an easy separation between errors and theft; basically, all transactions were now checkable by the owner, and allocatable to assets. This easier view meant that employees could be "trusted" more easily, without resort to earlier popular techniques such as beheading of accountants.<BR/><BR/>Double-entry trust had something of a redux in the early digital cash days, when pioneers built their own accounting systems. Not understanding the real secret of double entry, they had to learn the hard way by debugging why their computer systems kept losing money.Anonymousnoreply@blogger.com