Today, I am proud to announce that I have completed the First Edition of Work-Standard Accounting Practices. The finalized PDF copy is now ready for download. Similar to the PDF versions of The Work-Standard (2nd Ed.) and The Third Place… Read More ›
What caused the accounting standard of the Soviet Union and Eastern Bloc countries to pursue Adam Smith’s conception of the Labor Theory of Value (LTV) instead of the one espoused by Karl Marx? It is true that Marx’s LTV is… Read More ›
There’s a new installment of Economic History Case Studies coming up in the next thirty minutes after this Update post goes live. It is based on my experiences writing Work-Standard Accounting Practices, particularly why I suspect Soviet accounting practices end… Read More ›
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