Book Of The Month - Debt, The Last 5000 Years
Our book this month is called "Debt: the last 5000 years.”
I expected this book to be thought-provoking, and it did not disappoint.
The author of the book is anthropologist David Graeber and the book was written in the week of the great financial crisis of 2008 and published in 2011.
For those who went through 2008, and for those who remember it, the great financial crisis was the mother of all deleveraging events observed so far in our modern history.
The author of the book is also the organizer of the occupy Wall Street movement, that captured headlines and attention from around the world. The association with the occupy Wall Street movement immediately biased me against the book. However, as I went through the books pages, I found the authors arguments to be well constructed.
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