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Old 11-04-2024, 12:51 PM   #21 (permalink)
aerohead
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' unrealized capital gains '

Quote:
Originally Posted by freebeard View Post
Render unto Caesar.... didn't include unrealized capital gains.
Can you flesh that out please ? J
Joint-stock corporations existed at the time of the Roman Empire (Gladiators were 'owned' by investors for instance ).
I don't know if standardized accounting practices as we know them today existed at that time, but Rome did have pretty good bean counters, and a form of statistical analysis. You can't run empires without it. As Egyptian 'gods' couldn't exist without astronomers and mechanical computers.

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