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The barter economy behind major art museums. The Louvre spent 10 years negotiating with other museums to mount the largest Leonardo da Vinci exhibit ever. Here’s a look inside the process.
When barter has appeared, it wasn’t as part of a purely barter economy, and money didn’t emerge from it—rather, it emerged from money. After Rome fell, for instance, ...
When the USSR collapsed, the ruble tanked and items like bricks became a more desirable form of payment. The post-Soviet economy became a laboratory for curious experiments in money. A barter ...
Laughter aside, barter of household items and food could more than double this year in the U.S., from $4 million to over $10 million, according to Richard Crone, CEO of payments expert Crone ...
But anthropologist David Graeber argues in his 2011 book, Debt: The First 5, 000 Years, that it’s just the opposite: Barter emerges when money and economies fail. And Detroit’s economy has failed.
For astronauts living at the International Space Station, money is practically useless. There's nowhere to spend it. Instead astronauts developed a functioning barter economy.
As authorities struggle to replace the more than 20 billion notes that are being yanked out of the economy to punish cash-hoarding tax evaders, the sudden scarcity of cash is being felt most ...
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