Money may have originated through long distance trade, new theory suggests

Publicerad den 20 februari 2025

Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both have drawbacks, but in recent years, the chartalist theory has gained much traction.

A recent study by archaeologist Dr. Mikael Fauvelle, published in the Journal of Archaeological Method and Theory, proposes that a third theory, examining external factors, may better explain the origin of money in pre-state societies.

Read the whole article here: Money may have originated through long distance trade, new theory suggests