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Debt: the first 5,000 years

By: Graeber, David.
Material type: materialTypeLabelBookPublisher: Brooklyn Melville House Publishing 2011Description: 534 p.ISBN: 9781933633862.Subject(s): Debt - History | Financial crises - History | Money - HistoryDDC classification: 332 Summary: 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 presents a stunning reversal of conventional wisdom. He shows that 5,000 years ago, during the beginning of the agrarian empires, humans have used elaborate credit systems. It is in this era, Graeber shows, that we also first encounter a society divided into debtors and creditors. (http://mhpbooks.com/books/debt/)
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Books Vikram Sarabhai Library
Slot 602 (0 Floor, West Wing) 332 G7D3 (Browse shelf) Available PM 21/04/2016 176503

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 presents a stunning reversal of conventional wisdom. He shows that 5,000 years ago, during the beginning of the agrarian empires, humans have used elaborate credit systems. It is in this era, Graeber shows, that we also first encounter a society divided into debtors and creditors. (http://mhpbooks.com/books/debt/)

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