The First 5,000 Years
Before there was money, there was debt Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter systems—to relieve ancient people from having to haul their goods to market. The problem with this version of history? There’s not a shred of evidence to support it.Here anthropologist David Graeber prese...
May 31, 2018Five political/economics books that 🌅 🧠 - Origins of Political Order: Civilization = institutions - Political Order / Decay: Gridlock is state failure - Debt, First 5000 Years: Money != exchange - Capital In 21st Century: Who gets growth? - Wealth of Nations: Econ 101 – source
Jul 02, 2018as someone who has read countless books on the history of money, “debt: the first 5000 years” is a masterpiece. an anthropological view that schools every single economist out there, breaking down the myth of bartering and going to the sources that conne… – source