andrewducker: (Default)
andrewducker ([personal profile] andrewducker) wrote2020-02-13 12:00 pm
cmcmck: (Default)

[personal profile] cmcmck 2020-02-13 12:20 pm (UTC)(link)
I posted the pic of the baby black rhino and the game warden- that's an absolute classic! :o)

simont: A picture of me in 2016 (Default)

Burning questions of our time

[personal profile] simont 2020-02-13 04:08 pm (UTC)(link)
But which of them is *boop*ing which?
claudeb: A white cat in purple wizard robe and hat, carrying a staff with a pawprint symbol. (Default)

[personal profile] claudeb 2020-02-13 01:12 pm (UTC)(link)
That is one amazing photo.

In unrelated news, good job digging up the story on barter economy. It need to be shouted from the rooftops.
calimac: (Default)

[personal profile] calimac 2020-02-13 02:07 pm (UTC)(link)
1) The most interesting thing about the Danish electoral system is that geographic size of the constituency plays a role in determining number of seats allocated.

2) I'm missing something here. Why did this band (I'm assuming "Rage Against the Machine" is the name of a band) announce it was playing in a bookshop?

8) The most interesting part of the Irish reunion law is the provision that seven years need to pass between polls on this topic. What if that were applied elsewhere? I just thought I'd note that it's been over 5 years since the Scottish independence referendum: the clock is ticking.
autopope: Me, myself, and I (Default)

[personal profile] autopope 2020-02-13 02:10 pm (UTC)(link)
Note that those GBoard shortcuts do not work on iOS. And it doesn't mention this anywhere in the linked article. Because FML.
danieldwilliam: (Default)

Barter

[personal profile] danieldwilliam 2020-02-13 02:52 pm (UTC)(link)
I'm not surprised by the lack of evidence for a barter economy that pre-dates money.

It looks like the earliest forms of writing were for accountancy and tax records.

I can see a situation where communities are small enough and co-dependent enough that things like a gift economy and centralised communal storage works. Roughly everyone is able to keep an eye on what people are long or short of, who did who a favour and who is putting in more or less to the commonweal and to respond accordingly. Which isn't (as the article lays out) the same as a barter exchange economy.

When things get a bit bigger, more complex and more centralised you might need to formalise that as the number of relationships is going to scale by some exponential. So you write stuff down.

You might use the state treasury or temple granery as a sort of clearing house.

The money (in the form of publically recorded ins and outs, like a bank ledger) exists in the writen records of the state.

When things get bigger or more complex and the number and complexity of transactions and relationships starts to exceed the capacity of a centralised bureaucracy that's when you might need to introduce cash so people don't need a record of all points of the transactions, they can do spot exchange.

And spot barter is only necessary in a society used to spot exchange for cash if there is a shortage of cash or failure in the quality of the money supply.

So communal resourcing first, followed by state bureacracy second, followed by cash transactions followed by barter.

That makes sense to me.
naath: (Default)

Re: Barter

[personal profile] naath 2020-02-14 01:33 pm (UTC)(link)
"Debt: the first 5000 years" covers this topic in much more detail, if anyone is interested.
naath: (Default)

Re: Barter

[personal profile] naath 2020-02-14 03:44 pm (UTC)(link)
It is quite readable as a non-economist, I'm not sure a child would be enthralled, but maybe.
naath: (Default)

Re: Barter

[personal profile] naath 2020-02-14 04:29 pm (UTC)(link)
The most important animal is Red Panda :)

[personal profile] anna_wing 2020-02-14 05:55 am (UTC)(link)
A world run entirely by a gift economy would have its own issues. Money buys freedom, in that you are no longer dependent on personal goodwill towards you to obtain the resources you need to survive and thrive. Being in a small, closely-knit community is not fun for anyone who for any reason is outside the acceptable norms of that particular community.
drplokta: (Default)

[personal profile] drplokta 2020-02-14 08:17 am (UTC)(link)
The Danish electoral system may be very representative, but it has two unappealing features, which are that the constituencies are very large, and there are two different types of MP — some have constituency responsibilities and some do not. I would rather see a PR system that keeps a one-to-one correspondence between MPs and constituencies.