I’ve begun working on a new book on the gold standard. In the first chapter I plan to discuss the origin of money, as a preliminary to discussing how silver and gold became the world’s dominant commodity monies. The topic of the origin of money has become…
After I published my recent post on "The Myth of the Myth of Barter," I tweeted the link to it to David Graeber himself, as I thought his response might be interesting. Was it ever! Before you could say Jack Robinson, Graeber let loose a fusillade of…
So far as some people are concerned, when it comes to bashing economists, any old stick will do. That, at least, seems to be true of those anthropologists and fellow-travelers who imagine that, in demonstrating that certain forms of credit must be older than either monetary exchange…