It All Comes Down to Accounting

It All Comes Down to Accounting
Elon Musk speaks as President Donald Trump looks on in the Oval Office of the White House on Feb. 11, 2025. Jim Watson/AFP via Getty Images
Jeffrey A. Tucker
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Commentary

There are two portals of money in every institution: money coming in and money going out. Keeping track of that in both directions is the key to operations. The final number can reveal profits or losses, surpluses or deficits. Regardless, the accounting books are the beating heart of every institution.

Jeffrey A. Tucker
Jeffrey A. Tucker
Author
Jeffrey A. Tucker is the founder and president of the Brownstone Institute and the author of many thousands of articles in the scholarly and popular press, as well as 10 books in five languages, most recently “Liberty or Lockdown.” He is also the editor of “The Best of Ludwig von Mises.” He writes a daily column on economics for The Epoch Times and speaks widely on the topics of economics, technology, social philosophy, and culture. He can be reached at [email protected]