Schumpeter said a century ago that learning *accounting* was one of the most important things an economist could do.
Today most econ departments don’t have a single course on it. You have to go to business schools, and few undergrads have access.
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Whenever I do archival work, I am amazed by how organizations from 1910-1950 so casually reveal understanding of material reality.
Organizations after 1980s seem to struggle or even actively discard information about the material world, prefer various leaky abstractions. twitter.com/benlandautaylo…
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