"The whole aim of practical politics is to keep the populace alarmed (and hence clamorous to be led to safety) by menacing it with an endless series of hobgoblins, all of them imaginary." ~ H.L. Mencken
Debt: The First 5,000 Years
Book Preview: "Every economics textbook says the same thing: Money was invented to replace onerous and complicated barter system--to relieve ancient people from having to haul their goods to market. The problem with this version of history? There's not a shred of evidence to support it."
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Comments
This may be yet another example of why historians must have a grasp of economic theory in order to do this sort of analysis:
http://blog.mises.org/18371/murphy-replies-to-david-graeber-on-menger-an...