I am not sure if I agree with Ted. Weren't many of the first coins stamped with a picture of money? Cattle were used as bridewealth.
I am not advocating one theory or another, because I am not sure which is correct. On Sun, Aug 13, 2006 at 08:48:34AM -0400, Ted Winslow wrote: > The accumulation of cattle, though, was to a significant degree an > end in itself and not simply a means to other rational ends. -- Michael Perelman Economics Department California State University Chico, CA 95929 Tel. 530-898-5321 E-Mail michael at ecst.csuchico.edu michaelperelman.wordpress.com
