Debt: The First 5,000 Years, by David Graeber
Insight into the evolution of debt, from 3,500 BC onwards.
- Debt/credit precedes money. The author argues that debt and credit offer more logical explanation of ascent of money than simplifying barter, the reason normally stated by the economic history books.
- Primordial debt. Concept probably not original to this book, but interesting nonetheless. I see it as an interesting way of explaining religion. Seeing a creation of human being as an unsurmountable debt to the omnipotent, explains the earthly sacrifice.
Personal rating: 7/10