2 ms·
the bartering origins of trade and money (debt) is a fallacy, according to david graeber, an anthropologist that wrote a book on the history of human economics.
by beachstartup 14y ago
the bartering origins of trade and money (debt) is a fallacy, according to david graeber, an anthropologist that wrote a book on the history of human economics. it's also what they teach in every econ class so it has widespread status as a myth:
http://en.wikipedia.org/wiki/Debt:_The_First_5000_Years http://en.wikipedia.org/wiki/Debt:_The_First_5000_Years