Sunday, January 15, 2012

Myth of barter

Barter is institutionalised battle, ritual war.
with friends, you exchange gifts.

States create markets. In a cartoon version, a king creates a supply of gold coins. He gives them to the army paymaster. He then demands that every household on the kingdom give him X gold coins per year. To get the coins, the houses have to give things to the soldiers. Z market is born.

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