The Invention of Money
Coursera: A Brief History of Humankind by Dr. Yuval Noah Harari Personal Lecture Notes from Lesson #8: The Direction of History (These are personal summaries and paraphrasings of some of the major points of the lectures that I felt to be important. They are not meant to be comprehensive records nor intended to be reproductions of copyright materials. I encourage you to participate in the course for better understanding. All ideas and examples are by Dr. Harari.) If we see the over-all trend in human history, we can see that it has been heading in the direction of global unification. The prospects of such unification emerge for the first time in the first millennium BC with 3 potentially universal orders: 1) Economic order 2) Political (Imperial) order 3) Religious order This lecture is about the emergence of the economic order, or the invention of money. In hunter-gatherer societies and agricultural societies, humans lived in economically self-contain