I just made the Second Edition of Work-Standard Accounting Practices available for download on The Fourth Estate. Even though I was not able to find enough free time to proofread everything, I am certain that I had done the best I could to convey the new information based on what came before in the First Edition. The need for a Second Edition was centered on the question of how an Accountant should account for the creation of new Actual Geld and the transfer of existing Actual Geld between accounts. It seemed like a conclusion to make, but my familiarity with Accounting and Bookkeeping in general is far more advanced compared to where I was last year. I now have a general understanding of Accounting and Bookkeeping that I can probably write an Economic History Case Studies post or two about accounting scandals involving Double-Entry Account Bookkeeping, present a convincing argument as to why Deregulation made accounting practices less transparent and less democratic.

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Tags: Economics, Finance, Philosophy, Politics, Psychology, Socialist Finance, Third Place, Work-Standard