More lessons
Lesson 13: Accounting can’t really capture economic reality.
Lesson 14: In many cases good or proper accounting procedures are defined retroactively.
Lesson 15: Adequately evaluating labor productivity requires one to disentangle it from capital productivity, which can be extremely difficult.
Lesson 16: Sometimes eliminating a clearly bad thing can lead to a worse thing, at least in the short term.
Jason George is a management consultant and writer. More about me · Work with me
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