Debt: The First 5,000 Years

Debt: The First 5,000 Years

2011 • 534 pages

Ratings97

Average rating4.1

15

Short review: Debt: The First 5,000 Years by David Grabber is an anthropological look at economics and the development of debt, currency and capitalism. This is an alternative narrative to some of the common ‘first thee was barter, then there was currency' that started with Adam Smith.

Graeber's narrative makes a lot of sense most of the time. There are a few times when his narrative is questionable because of his issues with the IMF and the World Bank. But the historical sections are good.

I think it ends up being a little bit long, but it is still worth reading.

My full review is on my blog at http://bookwi.se/debt-first-5000-years-david-graeber/

November 22, 2015