nickbauman

Having worked at a couple of banks, this is absolutely true.

Comment was not meant to cover Lydia; just generally how money emerged. And this is a "cartoon" version of the story.

Huato doesn't seem to have read the first line of page 22, as Graber actually refutes the claim that money and debt co-emerged. As far as the Cato institute's criticism is concerned, that section is almost entirely free of specificity, unsurprisingly considering how right-wing Cato is in general. All accounts are flawed to some degree, these criticisms you point to are almost entirely ideological or non specific.

David Graber's book "Debt, the first 5,000 years" goes into this in great detail. Highly recommended.

Thanks for posting! Burke uses the term "barter", which is wrong. Before coinage, people used credit. Barter was extremely rare.

Coins (specie that had a direct connection to a ruler, usually with the name or visage of the ruler struck on them) were invented to facilitate war. They were given to soldiers to allow them to participate in the economy of the conquered. Since the free peasantry wouldn't trade with them (unreliable: they "died for a living"). The ruler demanded to be paid taxes in his own coin. This solved several important problems: reduction of military unrest against the ruler, free peasantry became a reliable source of goods and services, and the ruler could make war as needed. A market economy emerged as a side effect.

This is interesting. I sat next to a German manager of DaimlerChrysler (which really dates me, I know) on a flight. He agreed with the idea of worker unions being inside the company and having a seat at the table. He also disliked the practice of building cars "offshore" because, he said "the knowledge of building the car leaves the country".

JSX has an Async "tag"...

Let that sink in.

<Async></Async>

What's the title?

The big German companies invite the unions in because they are a source of innovation too. And managing the connection between the people who actually build the cars and the people who design/plan them is important.

I was just going to say this too: JSX is a DSL. And a particularly screwy one!

I'm sure this has some amazing features that really help with project and personal productivity mgmt compared to other systems.

But let me ask you a question. If I want to get your attention, which one of the following techniques will work best:

1) Write you a snailmail letter 2) Send you an email 3) Send you a text 4) Write it on a yellow post-it note on your refrigerator

The answer is 4. Because it's the most difficult to ignore and leverages our ancient human physiology. It's not an accident that Kent Beck (Author of "Extreme Programming: Embrace Change") used post-it notes stuck to a wall that had every story written on it that mattered to the team within eyesight of every developer.

The problem is that when we get together to put information into a Jira or a Trello or whatever, we're making THE TOOL happy. What matters is the state of the tool, not the state of the system you're working on.

I believe your comment might be a bit too broad for the claims you're making.

Arguably, the most advanced "tech stack" for moving trains around rail systems today (at scale, with the highest safety rating) is based around the Sicas ECC electronic interlocking by Siemens.

However, this article is merely about the technology used for collection of fares for the NYC metro rail system.

I believe this as well. And I happen to know of one of the largest rail systems in North America changes its topology weekly. I'm not sure "throughput over latency" is as much of a mindset as those here who say it is.