tag:blogger.com,1999:blog-7225373.post5035097530488569851..comments2024-02-29T03:34:23.190-05:00Comments on Who Were the Sea Peoples?: Menger's theory of the origin of moneygcallahhttp://www.blogger.com/profile/10065877215969589482noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-7225373.post-15396531880126730772013-06-05T05:57:00.573-04:002013-06-05T05:57:00.573-04:00Correction: Graeber reports the findings of over 1...Correction: Graeber reports the findings of over 100 years of anthropology and history, which show that the Mengerian theory is not a universal theory of the origin of money, and that money can emerge by other processes.<br /><br />If people bothered to read Graeber's book, right on p. 75 he acknowledges that barter between strangers, especially, in long distance trade, probably produced the cacao money of Mesoamerica and the salt money of Ethiopia, basically as the Mengerian theory predicts.<br /><br />But plenty of other societies seem to have developed money by other means, e.g., ancient Mesopotamian temples developed a silver unit of account based on its role as a weight measure and assigning a certain silver weight a value equal to the monthly grain ration paid to temple workers.Lord Keyneshttps://www.blogger.com/profile/06556863604205200159noreply@blogger.comtag:blogger.com,1999:blog-7225373.post-47402768720546010352013-06-04T17:59:01.818-04:002013-06-04T17:59:01.818-04:00Graeber thinks he blew up both of them, so perhaps...Graeber thinks he blew up both of them, so perhaps so.Bob Murphyhttps://www.blogger.com/profile/04001108408649311528noreply@blogger.com