• Corpus ID: 147084663

On the invention of money: notes on sex, adventure, monomaniacal sociopathy, and the true function of economics

  title={On the invention of money: notes on sex, adventure, monomaniacal sociopathy, and the true function of economics},
  author={David A. Graeber},
Last week, Robert F. Murphy published a piece on the webpage of the Von Mises Institute responding to some points I made in a recent interview on Naked Capitalism, where I mentioned that the standard economic accounts of the emergence of money from barter appears to be wildly wrong. Since this contradicted a position taken by one of the gods of the Austrian pantheon, the 19th century economist Carl Menger, Murphy apparently felt honor-bound to respond. 

Agnosis in the university workplace

One significant, tangible and interesting challenge for the privatised university is its impedance of particular forms of effective engagement and action in teaching and research, notably with



Further reflections on the ontology of money: responses to Lapavitsas and Dodd

Abstract The debate on the nature of money, its origins and conditions of existence has been recently taken further in separate articles in Economy and Society by Lapavitsas and Dodd. Both criticize

La fable du troc

Jean-Michel Servet : The barter myth. Before Smith, Beccaria and Turgot developed the myth of barter in the mid-18th Century, money was considered as a vital element of the social and royal order,

Gifts and commodities

C A Gregory's Gifts and Commodities is one of the undisputed classics of economic anthropology. On its publication in 1982, it spurred intense, ongoing debates about gifts and gifting, value,

Money and the Mechanism of Exchange

Publisher Summary This chapter discusses the mechanism of exchange for money. The object that temporarily intervenes in sale and purchase is money. It might seem that the use of money only doubles

The Origins of Money

The precursors of money, along with language, enabled early modern humans to solve problems of cooperation that other animals cannot -- including problems of reciprocal altruism, kin altruism, and

Barter and Economic Disintegration

Ceremonial Exchange in Western Arnhem Land

  • R. Berndt
  • Economics
    Southwestern Journal of Anthropology
  • 1951
A USTRALIAN ABORIGINAL economy, trade, and ceremonial exchange of goods have received a certain amount of attention from anthropological' and other writers. Up to the present, however, no separate

The Barter Illusion in Classical and Neoclassical Economics