And yet we see a famous natural experiment supporting the barter story: http://i... | Hacker News

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		JackFr on July 3, 2019 \| parent \| context \| favorite \| on: The Origin of Banking (2016) And yet we see a famous natural experiment supporting the barter story: http://icm.clsbe.lisboa.ucp.pt/docentes/url/jcn/ie2/0POWCamp... Although to be fair the author points out that credit was ubiquitous and there were spot and future markets for most commodities, and it was an mostly an endowment economy with little or no production.

littlestymaar on July 3, 2019 [–]

This story is really cool. I already heard about it, but I'd never read the original paper until now. Thanks!

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