Economic History
The long-run record, which constrains most theories.
9 topics · 2 curated works
Topics
Curated reading
2Then
Assumes you know the vocabulary.
- BookDebt: The First 5000 YearsDavid Graeber, 2011
Argues credit preceded coinage and barter never existed as described, making debt a moral institution before an economic one.
Go deeper
Primary sources and full treatments.
- BookThe Great TransformationKarl Polanyi, 1944
Self-regulating markets were created by state action, not discovered, and treating land and labour as commodities provokes society to push back.