![]() That is the epitome of the negative connotation of this term, and American corporations are plagued by this kind of thinking.Īn abacus was used by the Chinese centuries ago to count and multiply. I use this term frequently, to describe people who are small-picture thinkers more focused on short-term costs rather than long-term effects.Ī lot of corporations who employ people with a bean-counter mentality (not always even accountants) make stupid decisions that seem to save money "in this fiscal quarter" (for example), but which cost the company more money over the course of the next year. Want the whole story, plus the name of the politician? Show some interest and perhaps I will tell you all about it. The modern term meaning an accountant originated at a news conference in Teheran in 1948 because a group of international newspaper reporters misunderstood a word from a politician with a large nose. ![]() One of your submitters came close, but not very. ![]() It originated before the time of Christ in Mesopotamia, modern Iraq, where people who did accounting were probably called "stone counters." Suggesting it had anything with beans is incorrect. I can tell you with great accuracy what is the etymology of the term bean counter. ![]()
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