Wednesday, September 3, 2014

Debt: The First 5,000 Years (A most important book you may not haveheard of.)

Debt: The First 5,000 Years (Click to buy on Amazon)

Debt: The First 5,000 Years by David Graeber

What is debt? And what is the true origin of money?

Forget everything you thought you knew about economics: it turns out it was all wrong. In this fascinating book, David Graeber takes us down the rabbit hole of human economies, where debts are earned and repaid in lives—and flesh. And where the lion's share of our lives are spent in what we might call communistic relations, despite that term's derogatory implications. And where we learn that debt and credit are our primary currencies, and always have been.