Part II: Fingers in the Dam In Part I, we traced the multi-millennial competition among monetary media — cowrie shells, glass beads, salt, silver, and finally gold — and argued that the progressive victory of more integral over less integral monetary forms was not a series of historical accidents but something closer to a natural … Continue reading The Monetary Lens: The Past, Present and Future of Humanity Through the Architecture of Money
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The Monetary Lens: The Past, Present and Future of Humanity Through the Architecture of Money
Part I: The Natural Selection of Money There is a familiar way of narrating history. It features oppressors and victims, conquerors and the conquered, and it assigns moral valence to deeds and outcomes. This framework is not wrong — power has been wielded cruelly, and the suffering caused has been real. But it is incomplete … Continue reading The Monetary Lens: The Past, Present and Future of Humanity Through the Architecture of Money
