2,793 works, 150 years of economic thought. Each one summarized and searchable, with cited passages inside.
A cash payment for taxes or a loss through theft tests what double-entry bookkeeping actually explains: not every entry can be understood as an exchange of one value for another. In this jointly authored reply to Seidler’s criticism of their Bilanz und Steuer, Richard Reisch and Josef Clemens Kreibig defend two coordinated series of accounts—one recording the components of wealth, the other net wealth and results. Their central puzzle is why an increase appears as a debit in some accounts and a credit in others. Through concrete disputes over expenses, capital, and losses, they show why balanced postings require more than a rule of paired entries. The reply offers a focused way to examine how bookkeeping connects movements of assets with changes in wealth and profit.