David Graeber: Debt 1st 5,000 years

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DEBT: The First 5000 Years While the national debt has been the concern du jour of many economists, commentators and politicians, little attention is ever paid to the historical significance.

Dr. David Graeber, professor of anthropology at Goldsmiths College, University of London on his book – Debt: The First 5000 years. How the concepts of debt and credit have defined human history.

There is one taboo of economics that the government is hiding from the public, argues David Graeber: it is the fact that if the government balances its books, it becomes impossible for the.