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It can't prove it any better than than anything else can bridge the is-ought gap. I agree that markets can't exist without money, but I think historical eviden
by nerflad 9y ago
It can't prove it any better than than anything else can bridge the is-ought gap. I agree that markets can't exist without money, but I think historical evidence suggests that they will create money in order to exist. Almost every society in human history has developed a monetary system; either one based around a commodity as simple as camels, bullion or sea shells, or backed by fiat.
- betterunix2 9y agoWell, the same author from the link I gave happens to have also written a book on that very topic that you might find interesting: https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years https://en.wikipedia.org/wiki/Debt:_The_First_5000_Years
- nerflad 9y agoI'll check it out. Thank you.