What’s the difference between an accountant and an auditor? Basically accountants keep track of the money, and auditors check their work.

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Accountants and Auditors

Mike Munger of Duke University recounts the harrowing (and fascinating) experience of being in the path of a hurricane and the economic forces that were set in motion as a result. One of the most important is the import of urgent supplies when thousands of people are without electricity.

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Munger on Price Gouging