While there is a burgeoning literature on business cycles – periodic episodes of booms and bust, work on debt cycles has largely remained in oblivion. In his magnum opus, Debt: The first 5000 years, David Graeber introduces the concept of debt cycles, which he also claims to be his greatest discovery. 1,350 more words
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Soak the Rich: An exchange on capital, debt and the future by David Graeber and Thomas Piketty, translated and reprinted by The Baffler.
David Graeber is an anthropologist and radical anarchist known for his book, … 715 more words