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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...
Publish Date
January 1
First Published in 2011
Goodreads rating
The most fascinating book I've read all year in 2015.      source
Five 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, 2018
as 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
Aug 26, 2020
Books I’ve read in 2020 that have stopped me in my tracks, changed the way I look at the subject, stayed with me.      source