Letter: Why so many accountants?

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Nicholas Faith's article "Imprisoned by a grand delusion" in the Business Section of your issue of January 8. that the economic performance of countries shows a negative correlation with the spread of business schools is devastating.

Since the war there has also been a similar growth in what a leading economics journalist once described as the pseudo non-profession of management consultancy. It would be interesting to find out how the performance of individual companies has benefitedor otherwise from the employment of such consultancies.

It would also be interesting to find out why Great Britain employs some seven times as many chartered accountants as are employed in the Federal Republic of Germany.

D H Sharp Sevenoaks Kent

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