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Elias

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United States | Member Since 2012

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  • 1 reviews
  • 73 ratings
  • 572 titles in library
  • 101 purchased in 2014
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  • Debt: The First 5,000 Years

    • UNABRIDGED (17 hrs and 21 mins)
    • By David Graeber
    • Narrated By Grover Gardner
    • Whispersync for Voice-ready
    Overall
    (335)
    Performance
    (288)
    Story
    (291)

    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 for more than 5,000 years, since the beginnings of the first agrarian empires, humans have used elaborate credit systems to buy and sell goods - that is, long before the invention of coins or cash.

    E. J. Ford says: "Stands Economics on Its Head"
    "Brilliant"
    Overall
    Performance
    Story

    You must read this book.

    It's simply one of the most useful books I've ever read, and well written to boot.

    3 of 4 people found this review helpful

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