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Trade, merchants, and the lost cities of the Bronze Age (2019) [pdf]

keremcosar.uvacreate.virginia.edu

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Re: Trade, merchants, and the lost cities of the Bronze Age (2019) [pdf]

#2
It's interesting that commerce/business was this sophisticated in the Bronze Age. I guess it's not that surprising given the famous customer service complaint[0] cuneiform tablet to Ea-nāṣir about receiving the wrong grade of copper ingots and his servant receiving rude service.

It's also no wonder that the thing a theory describes exists long before the theory itself. We had language well before we had grammarians, and we had music long before music theory existed. Adam Smith didn't invent moral sentiments or market economics, just as Pythagoras didn't invent music. The article weirdly makes a big deal out this.

[0]: https://en.wikipedia.org/wiki/Complaint_tablet_to_Ea-n%C4%81...

Re: Trade, merchants, and the lost cities of the Bronze Age (2019) [pdf]

#3
“The word “capitalism” would not be coined for another 3,800 years. Adam Smith was 3,700 years from picking up his pen.”

This is pretty bad writing lol. Markets are as old as civilization itself, Adam Smith obviously knew this. General commerce != capitalism

Re: Trade, merchants, and the lost cities of the Bronze Age (2019) [pdf]

#4
post #2

It's interesting that commerce/business was this sophisticated in the Bronze Age. I guess it's not that surprising given the famous customer service complaint[0] cuneiform tablet to Ea-nāṣir about receiving the wrong grade of copper ingots and his servant receiving rude service. It's also no wonder that the thing a theory describes exists long before the theory itself. We had language well before we had grammarians,…

Everyone points to Ea-nasir, but that's a meme. Meanwhile, Diocletian outlawed price gouging and standardized prices across a variety of goods:

https://en.wikipedia.org/wiki/Edict_on_Maximum_Prices

From Polanyi, Finley, and Weber to Austin and Malkin, we've come a long way in recognizing the sophistication of ancient economic thought.

Re: Trade, merchants, and the lost cities of the Bronze Age (2019) [pdf]

#7
post #3

“The word “capitalism” would not be coined for another 3,800 years. Adam Smith was 3,700 years from picking up his pen.” This is pretty bad writing lol. Markets are as old as civilization itself, Adam Smith obviously knew this. General commerce != capitalism

[dead]

Re: Trade, merchants, and the lost cities of the Bronze Age (2019) [pdf]

#10
I hope people get the right message from this, which is:

The way people talk about "Capitalism" is most often silly and counterproductive because most of the time -- the person that hates capitalism and the person that loves capitalism are talking about nearly entirely different things.

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