Debt: The First 5000 Years by David Graeber
The Big Idea: Avoid excessive debt. Protect debtors. The evolution of economies from barter to markets is a myth. -It’s a myth that money evolved out of barter.-Outsid of distrustful exchanges, primitive markets exchanged goods primarily using credit/debt.-Money and violence are inextricably linked in history.-Historically, there were often periodic debt cancellations across an entire economy.-Coins…