It's possible that Graeber is close at least to being correct on this.
Barter was never a serious mode of exchange. Never! Money did NOT develop
from barter. From what I remember from my reading re Palace Economies, some
pretty complex accounts were kept; we don't have many of them today from
Mycenae etc because they did not bake but merely hardened the clay tablets
upon which the accounts were kept; then they would be soaked in water and
reused. We have some because apparently fire was involved in the events
which destroyed Mycaenean civilization and that baked some of the tablets.
They had been used to keep accounts of how each sub-region sent in the
proper amount of goods to the Palace. I was a highly bureaucratic and
centralized system, but no barter or money as far as I know.

Carrol

-----Original Message-----
From: [email protected]
[mailto:[email protected]] On Behalf Of Jim Devine
Sent: Friday, June 29, 2012 11:54 AM
To: Progressive Economics
Subject: Re: [Pen-l] Query: RE: Neoclassical Economics and the Foreclosing
of Dissent - The Inner Death of a Social Science

true, but with barter accounting would involve lists of inventories
with no prices attached.

On Fri, Jun 29, 2012 at 9:52 AM, michael perelman
<[email protected]> wrote:
> Not entirely different.  They developed geometry to figure out how
> much tax farmers would pay.
>
> On Fri, Jun 29, 2012 at 8:28 AM, Jim Devine <[email protected]> wrote:
>> Didn't ancient Egypt use barter, so that its accounting was very
different?

-- 
Jim Devine / If you're going to support the lesser of two evils, you
should at least know the nature of that evil.
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