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Perhaps we didn't have as much economic activity in the earlier human societies or perhaps those methods have been lost to time (just like those societies). As

Perhaps we didn't have as much economic activity in the earlier human societies or perhaps those methods have been lost to time (just like those societies). As an ex actuary student what I can tell you is that at least from a mathematical tools perspective, we didn't have those available till around the 17th century.

sushsjsuauahab 5y ago
There are Babylonian tablets where merchants are complaining about other merchants not delivering on their contractual obligations :)
- nikprasad 5y ago
  Haha I had forgotten about this meme! I wonder if they had insurance for merchants back then and if so how did they even figure out the premium on it...
- FranzFerdiNaN 5y ago
  One of them even became a meme: https://knowyourmeme.com/memes/complaint-tablet-to-ea-nasir https://knowyourmeme.com/memes/complaint-tablet-to-ea-nasir
  - BoxOfRain 5y ago
    There's something incredibly surreal about a dispute over trading standards between two people who have been dead for literal millennia and couldn't possibly have conceived of the internet and the technology that makes it possible becoming a meme. I wonder if there's any correspondence out there today which will amuse people 3500 years in the future?
    - geoduck14 5y ago
      >I wonder if there's any correspondence out there today which will amuse people 3500 years in the future? I really hope RickRolling is still a think in 3500 years
      - BoxOfRain 5y ago
        I wonder how it might get translated into future languages? There's dozens of Bible translations and while they all say the same thing the tone of the text can be quite different between them, the Valley of the Shadow of Death (KJV) conjures a much more vivid picture than the darkest valley (NIV) for example. The idea of a future historian painstakingly translating and trying to figure out the "deeper significance" of each phrase in Never Gonna Give You Up makes me smile! Maybe we should print out Wikipedia on the kind of paper the ancient Israelites were using to give them a hand.
      - ovi256 5y ago
        Most probably it will be as alien to people in 3500 years as the babylonian gods are to us.

sushsjsuauahab 5y ago

There are Babylonian tablets where merchants are complaining about other merchants not delivering on their contractual obligations :)

nikprasad 5y ago
Haha I had forgotten about this meme! I wonder if they had insurance for merchants back then and if so how did they even figure out the premium on it...
FranzFerdiNaN 5y ago
One of them even became a meme: https://knowyourmeme.com/memes/complaint-tablet-to-ea-nasir https://knowyourmeme.com/memes/complaint-tablet-to-ea-nasir
- BoxOfRain 5y ago
  There's something incredibly surreal about a dispute over trading standards between two people who have been dead for literal millennia and couldn't possibly have conceived of the internet and the technology that makes it possible becoming a meme. I wonder if there's any correspondence out there today which will amuse people 3500 years in the future?
  - geoduck14 5y ago
    >I wonder if there's any correspondence out there today which will amuse people 3500 years in the future? I really hope RickRolling is still a think in 3500 years
    - BoxOfRain 5y ago
      I wonder how it might get translated into future languages? There's dozens of Bible translations and while they all say the same thing the tone of the text can be quite different between them, the Valley of the Shadow of Death (KJV) conjures a much more vivid picture than the darkest valley (NIV) for example. The idea of a future historian painstakingly translating and trying to figure out the "deeper significance" of each phrase in Never Gonna Give You Up makes me smile! Maybe we should print out Wikipedia on the kind of paper the ancient Israelites were using to give them a hand.
    - ovi256 5y ago
      Most probably it will be as alien to people in 3500 years as the babylonian gods are to us.