Debt: The First 5,000 Years

David’s magnum opus is a book that eludes simple summaries. Debt is an encyclopaedic journey through global history encompassing the stories of grand civilizations as well as small societies whose social logics reveal more about the human condition than anyone might imagine. It is primarily a story about money and the way material issues have always been underlain by moral considerations.

Meticulously researched and beautifully written, Debt was pronounced to be the anarchist bible and with a single stroke David placed the topic of debt at the center of academic debates, inspiring a whole set of scholars to wrest the understanding of economy away from professional economists. For the present generation, the call for clean slates and widespread debt cancellation had never rung so loudly.