Contents: 1. Introduction 2. What is Money? 3. The Credit Theory of Money 4. The Social Origins of Money: The Case of Egypt 5. The Archaeology of Money: Debt versus Barter Theories of Money's Origins 6. The Primacy of Trade Debts in the Development of Money 7. The Emergence of Capitalist Credit Money 8.
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Wray et al. (2004) studied this question.
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