Mike Norman Economics

An economics, investment, trading and policy blog with a focus on Modern Monetary Theory (MMT). We seek the truth, avoid the mainstream and are virulently anti-neoliberalism.

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Showing posts with label origin of money. Show all posts

Showing posts with label origin of money. Show all posts

Friday, April 6, 2018

Michael Hudson — Origins of Money and Interest: Palatial Credit, not Barter

Neolithic and Bronze Age economies operated mainly on credit. Because of the time gap between planting and harvesting, few payments were ma...

Sunday, August 26, 2012

Aristotle on nomisma in Nicomachean Ethics

"Now proportionate return is secured by cross-conjunction. Let A be a builder, B a shoemaker, C a house, D a shoe. The builder, then, ...

Saturday, August 25, 2012

Lord Keynes — Debate on the Origin of Money

Lord Keynes updates the debate on money origins. Social Democracy For The 21St Century Debate on the Origin of Money Lord Keynes

Wednesday, August 22, 2012

SD for the 21st C: The Origin of Money in the Digest of Justinian

Lord Keynes up with some interesting historic analysis on the origin of "money" via some records remaining from the (I guess) wha...

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