Economic history states that money replaced a bartering system, yet there isn't any evidence to support this axiom. Anthropologist Graeber presents a stunning reversal of this conventional wisdom. For more than 5000 years, humans have used elaborate credit systems to buy and sell goods. Since the beginning of the agrarian empires, humans have been divided into debtors and creditors. Through time, virtual credit money was replaced by gold and the system as a whole went into decline. This fascinating history is told for the first time.
| ISBN: | 9781612191812 |
| Publication date: | 12th June 2012 |
| Author: | David Graeber |
| Publisher: | Melville House an imprint of Penguin Random House Group |
| Format: | Paperback |
| Pagination: | 534 pages |
| Genres: |
Economics |
Economic history states that money replaced a bartering system, yet there isn't any evidence to support this axiom. Anthropologist Graeber presents a stunning reversal of this conventional wisdom. For more than 5000 years, humans have used elaborate credit systems to buy and sell goods. Since the beginning of the agrarian empires, humans have been divided into debtors and creditors. Through time, virtual credit money was replaced by gold and the system as a whole went into decline. This fascinating history is told for the first time.
Debt features in the following genres: Economics
Debt is available in Hardback, Ebook, Paperback
Debt was written by David Graeber and published by Melville House an imprint of Penguin Random House Group
Debt has 534 pages