The accounting method of the Dutch guilds

The accounting method of the Dutch guilds is an interesting topic. About 800 years ago, the Dutch guilds devised an ingenious method to solve the problem of business losses. Although almost nobody understood how it worked, companies used it for centuries. Profitable companies paid such high salaries that they attracted employees from around the world. […]

The real cause of unemployment and business losses

What is the real cause of unemployment and business losses? Unemployment has been rising for the last few decades, and workers are losing their benefits and pensions. At the same time, companies have been experiencing their own problems. When the books are closed at the end of their third year in business, most companies run […]

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