An interesting interview (the second half of the programme) where David Graeber describes his anthropological study of 5,000
years of Debt which shows that dispensing credit precedes even the
invention of money.
Hear the interview at:
http://www.bbc.co.uk/programmes/b0196rp1
See the book:
http://books.google.co.uk/books?id=GYhajCQU8XIC
NAIRU — a harmful fairy tale
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from Lars Syll The NAIRU story has always had a very clear policy
implication — attempts to promote full employment are doomed to fail since
governments an...