Saneel Radia

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One reason for our skewed perception is that we’re used to thinking of the Middle Ages as something that happened primarily in Western Europe, in territories that had been little more than border outposts of the Roman Empire to begin with. According to the conventional wisdom, with the collapse of the empire, the cities were largely abandoned and the economy “reverted to barter,” taking at least five centuries to recover. Even for Europe, though, this is based on a series of unquestioned assumptions that, as I’ve said, crumble the moment one starts seriously poking at them. Chief among them is ...more
Debt: The First 5,000 Years
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