
Debt: The First 5,000 Years,Updated and Expanded



By the eighteenth century, a new ideology was taking form, especially in Britain, that “greed is good” (to use a recent summary formulation), because greed spurs a society’s efforts and inventiveness. By giving vent to greed, the logic goes, societies can best harness the insatiable ambitions, great energies and ingenuity of their citizens. While g
... See moreJeffrey D. Sachs • The Ages of Globalization: Geography, Technology, and Institutions
