Commissioned by Development Foundation as Working Paper 002 and published in September 2012, this paper attempts to evaluate the impact of trade and commerce on human development in the Indian society over the last two millennia. A defined framework is used for this purpose in which social acceptance of private property reflected in the rules and norms for its recognition and transfer, and the relative importance of unilateral or “free” transfer is contrasted with trade or bilateral exchange of goods …
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Corporate Disclosures: The Origin of Financial and Business Reporting 1553-2007Ad Hardcover – 1 January 2017 Spanning over two millennia of time and five continents of space, this book narrates the unfolding of financial and business reporting. The first part of the book traces the origin of the ‘company’ as a form of business organization and the evolution of bookkeeping. The second part: The Accounting Edifice, depicts events that led to the disclosure of the balance sheet, the profit and loss account, …
About the Book: The Wisdom of Ants: A Short History of Economics: As the fable goes, in the summer when the ants were busy gathering food, grasshoppers lived a carefree life. Come winter, the ants lived off their store, while the grasshoppers were left starving. It appears that this lesson was eventually learnt by humans, who shifted from hunting and gathering to agriculture. The wisdom of ants that they borrowed did not end here but helped to lay the foundation …
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