Monday, January 30, 2012

Steve Keen on the History of Money

A nice video interview here with Steve Keen, where he discusses money, credit and debt. He also deals with a good many another issues in economics.

In video 1, Keen mentions the work of David Graeber (which I have examined myself), and the widespread existence of reciprocal gift exchange in many human societies, rather than barter spot trades, and how the barter origin of money as a universal theory is a myth.

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