One thing I always wonder is how did all these countries manage to find enough gold to run an (albeit tiny) economy off them? I've never heard of/seen a gold mine in the UK, and yet 2000 years ago they were mining enough to mint currency. Was it all relatively surface level and rapidly mined out, and now all gone?
"The book argues that debt has typically retained its primacy, with cash and barter usually limited to situations of low trust involving strangers or those not considered credit-worthy"
It would make sense that cash would pop up once the Romans arrived, and would be in small amounts to facilitate spot transactions between Romans and the pre-Roman peoples of Britain and why there's such little amounts of cash.
Further more, I can imagine a scenario where Roman coins were melted down to make these coins (total conjecture) .
the book stimulates important discussions on economic history and the roots of our financial systems. While its style is assertive, its contribution to questioning established economic assumptions is undeniably valuable. its also backed by anthropological and archaeological evidence.
Unfortunately, Graeber is not well-versed in economic theory so him “questioning established economic assumptions” often resembles fighting windmills or not even that.
If you know any actual contributions to economics or the history of economics that were consequences of his stimulation, I would be glad to hear about them.
My feeling when I read Debt was that he was smart enough to understand conventional economic theory. My brother studied economics and he was the one who actually recommended me the book.
Graeber's background in economic anthropology offers a fresh lens through which to view economic history, highlighting the social and cultural dimensions that traditional economic theories sometimes overlook. His work has encouraged interdisciplinary dialogue, prompting economists and historians alike to incorporate broader socio-cultural understandings into their analyses. While his approach differs from conventional economic theorizing, it complements it by adding depth to our understanding of economic phenomena.
There's a rather unusual strain of Marxism (not communism!) in anthropology. As I understand it, Marx argued that the conditions of the material economy would ultimately dictate what social structures appeared. Ideology was "downstream" of economic production, and less important.
Now consider archaeology (which is part of the anthropology department in the US). A high-profile dig may involve many specialist researchers: people who study seeds, people who study pollen, people who study abrasion in stone tools. If the evidence is sufficiently preserved, then a team like this can lean quite a bit about food production and trade patterns. Meanwhile, nobody can tell you much about ideology. Maybe you've got some burials, or some stone statues that might be religious. But you've got zero written records, and anything you say about religion or ideology is likely to be completely made up.
So in an anthropology department, "Marxist" may mean, "deeply interested in the means of production, which we have lots of concrete material evidence about, but much less interested in making unsubstantiated guesses about religion."
Or at least that's how my anthropology professors explained it.
Graeber wasn’t t a Marxist or a communist. (he actual refutes Marx ‘s theory of material conditions by pointing out several Native American tribes from the Pacific Northwest who had the same material conditions but organized their societies in radically different ways.)
It is uncharitable to Marx to simplify his whole work down to a "theory of material conditions". It would be hard to find a modern Western anthropologist or a sociologist who wouldn't be indebted (pun intended) to Marx.
There is a famous phrase attributed to Milton Friedman, "We are all Keynesians now". Even if many economists may not share his view, his mode of thinking has been deeply integrated into modern economics. The similar thing can be said about Marx in relation to the kind of anthropology and sociology Graeber was doing.
Bikeshedding this conversation about culture, anthropology, economics, and philosophy into armchair analysis of scholars' opinions certainly shows how shallow it is to try and dismiss a massive book by a world class academic as "anecdata" because you don't agree with some of its conclusions.
I don't understand why you are trying to accuse me of bikeshedding. Seems like you are just trying to dismiss me because I don't agree with you? I've asked numerous times for actual contributions to economics or the history of economic thought based on the book in question. But it seems that people enjoy pontificating about Marxism or "offering a fresh lens" more than a grounded discussion.
Sounds like bike shedding to the rest of us. Anthropology has a lot to say about economic history, particularly when it comes to debunking some of the foundational myths like Smith's 'barter theory.' Graeber's take is legit anthropological critique, not armchair econ. His lack of an Econ PhD doesn't negate the value of his work in the least; after all, a lot of what passes for economic 'common sense' is actually historical narrative, which is exactly where anthropology excels. Cross-pollination between disciplines is how we get past stale paradigms.
As per 'direct contributions,' to what? This is vacuous. If you're looking for direct policy changes, new economic theories, or shifts in economic practice explicitly derived from that book, the evidence might be less concrete given the book's recent publication and its cross-disciplinary nature.
if contributions are broadly understood as influencing the discourse, prompting reevaluation of economic history, or enriching economic thought with anthropological insights, then Graeber's work has clearly made an impact. The book has been widely discussed and cited in various academic and non-academic circles, suggesting that it has stimulated thought and conversation, although not be immediately quantifiable in economic terms.
It's worth noting that the impact of theoretical work often becomes more apparent over time as it permeates through discussion, critique, and successive scholarship.
I'd also like to point out that economic anthropology is an academic field in it own right, for which Graber is considered a significant contributor. Graeber's work, in particular, has been pivotal in encouraging economists, historians, archeologist, etc, to think more critically about the origins and functions of debt, money, and economic systems. Economies are complex, culturally rich phenomena, not just market transactions (something Econ models often miss.)
> Anthropology has a lot to say about economic history, particularly when it comes to debunking some of the foundational myths like Smith's 'barter theory.'
It is not a foundational myth. It is certainly a topic of interest for some economists, but it is not something that you would get asked during your qualifying exams. Dynamic stochastic general equilibrium models are far more foundational.
> a lot of what passes for economic 'common sense' is actually historical narrative, which is exactly where anthropology excels
Everything is a text, therefore a literary studies professor is an expert on everything. Everything is a result of human action, therefore an economist is an expert on everything. Everything is a result of social interaction, therefore a sociologist is an expert on everything.
That’s a dangerous attitude that’s unfortunately common among such fields as sociology, psychology, literary studies and economics. It overstates the expertise of people in the field and mystifies the field itself.
Being an anthropologist doesn’t make you an expert on QM and GR just because the history of physics is a history of narratives.
> Cross-pollination between disciplines is how we get past stale paradigms.
There are lots of people who already do that out there. Economics is ripe with such examples, both past and recent. But being hostile and acting as if you know more than people who study the subject for a living leads nowhere.
> I'd also like to point out that economic anthropology is an academic field in it own right, for which Graber is considered a significant contributor.
And so is economics, for which Graeber is not considered a significant contributor. And that’s okay. The gift economy of Madagascar and the technicalities of the federal reserve system are very different topics. And it is possible to know a lot about one of them without knowing much about the other.
I have simply responded to your comment that seemed to me to be full of errors and misunderstandings. I even tried to not be antagonistic, yet you seem to be hostile and view it in the framing of goals and goalposts.
Right, but are there _actual_ contributions to economics or the history of economics that were consequences of his “stimulation”?
Also, saying that he single-handedly prompted “economists and historians alike to incorporate broader socio-cultural understandings into their analyses” is a huge denigration of institutional economics, behavioural economics, Austrian economics, social economics, etc.
It's a relatively recent addition to the discorse, having been published just over a decade ago.
It's definitely apart of the heterodox tradition in economics (without diminishing what's already there), which often takes longer to be integrated into the mainstream.
David Graeber was an anthropology professor at the London School of Economics, with a focus on Economic Anthropology. He was also an anarchist and activist. His most significant contribution to the field of economics is his critique of two important ontologies of orthodox economic common sense.
First, Graeber challenged Adam Smith's idea that the history of economics evolved from barter to money to credit. According to Graeber, this sequence is actually reversed: credit systems existed first in pre-money societies, where neighbors kept track of mutual aid. Barter only became prevalent when money was introduced and sometimes unavailable.
Second, he critiqued the socialist theory of primordial debt, which suggests that humans are born with an infinite debt to the cosmos. This theory often uses religious language to support its claims and argues that the government inherits this cosmic debt, leading to total control over money and markets. Graeber distinguishes between religious or moral debt and economic debt, arguing that they operate on different logics.
None of that has much to do with modern economics. Just like criticising alchemy doesn’t make you a contributor to chemistry.
Buy MWG’s Microeconomic Theory and study it. What does it have to do with Adam Smith’s theories on barter or someone’s (whose?) theory on primordial debt?
False equivalence. The history of economics to economics is not analogous to alchemy and chemistry. You're creating a straw man.
As per the myth every student of economics learns, that money grows out of barter. The idea is that monetary exchange solves the problem of the double coincidence of wants. Money makes trade much easier, so the story goes, and thus becomes a remarkable example of both human ingenuity and economic progress, isn't true. There's no evidence to support it. (support that money comes from barter, etc.)
Pick up any Economics textbook and look up the definition of "Traditional Economy," here, I'll do that for you.
"A traditional economic system is based on customs, history, and time-honored beliefs. A traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manners of their distribution. Countries that use this type of economic system are often rural and farm-based. Also known as a subsistence economy, a traditional economy is defined by bartering"
We know that's not true. We know there's no evidence to support it.
So what does modern economic theory have to say about Traditional Economies? Not much apparently.
And that's the point!
Adding to this, I'm familiar with MWG's Microeconomic Theory, and while it's an excellent resource for understanding the mathematical models used in economics, (and by economics, I means systems where there's a market, money, all actors have perfect access to information, and there's property rights, etc), it doesn't offer much insight into the historical or anthropological questions that Graeber raises.
Both approaches have their value, but they serve different purposes and answer different questions. Learning or applying MWG in no way subtracts from Graeber's insights.
You can't apply or generally model a "traditional economy" using by applying MWG.
> False equivalence. The history of economics to economics is not analogous to alchemy and chemistry. You're creating a straw man.
Smith, Mill and Ricardo are to economics what alchemy is to chemistry.
> As per the myth every student of economics learns, that money grows out of barter.
I wasn’t taught that. I was taught game theory, the Arrow-Debreu model and statistics.
> Pick up any Economics textbook and look up the definition of "Traditional Economy," here, I'll do that for you.
I don’t remember my textbooks saying much about traditional economies.
> "A traditional economic system is based on customs, history, and time-honored beliefs. A traditional economy is an economic system in which traditions, customs, and beliefs help shape the goods and services the economy produces, as well as the rules and manners of their distribution. Countries that use this type of economic system are often rural and farm-based. Also known as a subsistence economy, a traditional economy is defined by bartering"
I don’t know which textbook it is from. It also doesn’t go much into detail what it means.
> We know that's not true. We know there's no evidence to support it.
We know that metallic money were the norm during that times. That probably was the intuition and evidence behind the barter idea.
> So what does modern economic theory have to say about Traditional Economies?
> Not much apparently.
> And that's the point!
The point you were making initially is that modern economic theory makes false claims about barter. In fact, it doesn’t concern itself with it much outside of niche subfields. That makes Graeber simply wrong.
> it doesn't offer much insight into the historical or anthropological questions that Graeber raises.
Yes. And it doesn’t claim to. So what is the problem? How can it be wrong about things it doesn’t assert or imply?
> Learning or applying MWG in no way subtracts from Graeber's insights.
Yeah, but learning about modern economics from Graeber would make you confused and mistaken. He should have had the courtesy not to speak about things he didn’t know.
> I don’t remember my textbooks saying much about traditional economies.
thats the point.
> Yeah, but learning about modern economics from Graeber would make you confused and mistaken. He should have had the courtesy not to speak about things he didn’t know. (What is he speaking about that he doesn't know? also, did you even read the book? I'm getting the sense you didn't.)
He's not talking about modern economics, he's talking about the history of debt. This isn't hard to understand.
I wish it were the point. I would jump on that bandwagon for a ride with him. But the point is “contribution to questioning established economic assumptions”.
So we get weird statements like “the Myth of Barter cannot go away because it is central to the entire discourse of economics” that people parrot on the Internet after reading Graeber despite the fact that the pre-historical barter or its absence is inconsequential for modern theory.
From my limited number of anthropology courses, I can assure you that the suspicion between the anthropology and economics departments is often mutual.
You know the joke about how physics is the study of spherical cows of uniform density in a frictionless vacuum? That's because intro level physics makes lots of simplifying assumptions. And if a physicist tried to use those assumptions to lecture a dairy farmer, the farmer might assume the physicist was a fool.
Anthropology tends to assume that too many economists study "spherical humans of uniform density in a frictionless market," basically. One of my anthropology professors actually covered these disputes, including specific cases where U Chicago economics professors attempted to advise governments around the world, and wound up totally misunderstanding particular situations.
Now, anthropology has its blind spots, too. Cultural anthropology has been a bit too willing to believe research describing exotic social structures. Archaeology is fairly sound on the nuts and bolts of pre-historical goods and food sources, but it is sometimes blind to how ideology shapes culture. (Which is a safely conservative stance to take when working with pre-historical cultures, to be fair.)
The factors Graeber describes aren't totally surprising. Lots of real world economies run on complicated webs of personal relationships and favors—just look at investors, for example. Or look at the pre-modern property rights described in Seeing Like a State. Land ownership and harvesting rights in a medieval village could be ridiculously complex. Or the customary payments and "gifts" that people made. For another modern example, consider office politics in a large corporation.
I think Graeber's basic case is plausible: complex debts and obligations seem to underly many band-level and village-level societies, especially when central state power is weak. These arrangements can seem bizarre: I remember a video of an interview with a pig farmer, probably about 60 years old, who was organizing a gift of hundreds of pigs to a neighboring village. This was apparently some kind of competitive gesture designed to elevate the status of the giver. And the farmer was really into this. He was complaining that kids these days were shockingly lazy, and that they had no appetite for hard work, and that they had no hope of putting together a proper gift of pigs. And how can you get anywhere in life if you can't embarrass a neighboring village by giving them more pigs than they gave you? It was a status display, similar to throwing conspicuously expensive parties to outdo your social circle.
The anthropology literature contains a ton of odd behavior around debts, obligations, and complex traditional rights. In a pre-modern community of 60 to 5,000 people, only a fraction of the economy seems to involve currencies or direct barter. Currency is a fantastic simplifying technology. And as Graeber points out, complex traditional webs of debt can be pretty brutal towards people who don't fit in.
I think this whole discussion is related to epistemological attitudes. Anthropology and History tends to lean more heavily into the irreducible complexities of society and to analyze and describe them in detail while usually avoiding to deduce grand theories. Economics on the other hand is very used to a more reductionist, mechanistic view inherited from the political success of early 21st century physics in changing the outcome of wars. Economists saw a chance to be taken seriously in policy making by pretending they were doing social engineering.
I don't mean to be uncharitable but you need to read up on what actual experts say about things Graeber says. He's Joe Rogan level knowledgable, and that's not a compliment.
I find that this is true about most non-fiction books I have read. Even when extensively cited, I often get the impression that the author is drawing large conclusions from small data.
Mortimer Adler says that history is closer to fiction than many other forms of books. It's not even data. Autobiographies in particular are rarely true, but not entirely false. It seems that the more data one has, the more likely they are to be biased in interpretation.
Got any recommendations? I am pretty deep into the Hamilton biography which seems very extensively researched and widely praised. It's an excellent story if nothing else.
I've seen some work on this as well. It would make sense in small tight knit communities to help out your neighbor when you could and vice-versa. There would be a relatively small need for coinage until things became a lot more complex and urbanized.
As early as the Bronze Age, Britain was part of wide-spanning trade networks that funneled Cornwallish tin to the empires of the Near East. I would imagine that even before the invention of true coinage, various quantities of gold and other precious metals were circulating in Britain from those Mediterranean sources.
> They are the only mines for Welsh gold outside those of the Dolgellau gold-belt, and are a Scheduled Ancient Monument. They are also the only known Roman gold mines in Britain, although it does not exclude the likelihood that they exploited other known sources in Devon in South West England, north Wales, Scotland and elsewhere.
To complement the answer "yes, there was surface level gold which was simply mined, and early", also 2000 years ago is not that long ago. By that time there was commerce going on across all of Europe, and gold had been used in coins and jewelry or cult items by most of these cultures for a long time BEFORE that. So that any specific gold could actually have come from elsewhere.
Gold is relatively common, it's just that most mines were mined completely or to the point where further exploration was not economically viable, so few were preserved, though many mines that we have been used recently for other minerals did contain some gold in the past.
What’s surprising to me is that cultures all across the world agreed that this shiny metal was valuable and could be readily exchanged anywhere for goods and services.
We know that gold is valuable today because of its distribution, availability and metallurgical properties. But random tribes who haven’t even seen an iron tool somehow decided that this shiny metal was scarce and valuable enough to hoard and desire.
It's shiny and very easy to work and doesn't rust. The complete opposite of iron, which didn't really become that widespread until the bronze age trade routes collapsed (tin and copper aren't found in the same place). Bronze was also a much nicer metal than iron back in those days. Much, much easier to work and about as strong.
I've felt that too. But then I wonder if this is a true feeling or if its just cultural training - countless stories have consistently told me that gold is valuable.
Gold can be easily melted to combine larger and smaller portions together or split them up. It is "inert" meaning does not easily react with anything else so you don't lose it too easily. It is a great store of value.
And think why does Bitcoin cost so much? Because of its scarcity.
Scarcity is actually an incredibly valuable property. Control over gold production meant control over the money supply. Otherwise, anyone could inflate your currency into oblivion.
Wait until you learn that banks can just make more money by increasing numeric values in databases. "Money supply" is very poorly understood in armchair denouncements of modern central banking.
So based on that I would say it was purely thanks to scarcity. Money is used to represent x human effort/time after all; it takes time to find the gold, then time to process it. But the same applies to various other weird currencies used in the world like seashells/beads: https://en.wikipedia.org/wiki/Shell_money#:~:text=Shell%20mo....
I feel like there's an intermediate step with these where seashells/beads/similar objects had cultural significance and therefore value because they had to be found (and sometimes worked into beads). It's a step from pure trading of useful items like a knife or an item of clothing to an intermediate currency like seashells, then to precious metals (which are still valuable even if melted down) to what we have now (currency as a symbol of trust that the currency is worth what it's worth as enforced by a government or some other system).
Have you never held or owned any gold? Its amazing. Its like really hard clay, but its metal, AND doesnt rust, its amazing! Its hard to understand the question to be honest, I mean, its GOLD!
Gold is both easy to work with and make finely detailed jewellery and is THE shiny metal - a gold broach, or anything gold would have shone out on your clothing far more than any other metal.
See this video of a Roman era coin being unearthed by a metal detectorist - untarnished or corroded after 2000 years:
They didn't necessarily need gold. For example in bronze/iron age trading it was common to use relatively standardized small bars of other metals for payment. These were not coins, but approximately had the same function.
In a few rare spots of the world, gold is literally just in the dirt and rocks.
There's certainly some gold in the UK; there's still probably thousands of extractable tonnes of gold in the UK. Whether a deposit is economic to extract is a different question. Very few sites in the world can compete with the gold mines of Canada, China and Australia with their very rich deposits.
> Was it all relatively surface level and rapidly mined out, and now all gone?
To some degree this is a factor. Copper and tin are other resources you'll find are already heavily extracted in Europe:
> The main mining district of the Kupferschiefer in Germany was Mansfeld Land, which operated from at least 1199 AD, and has provided 2,009,800 tonnes of copper and 11,111 tonnes of silver. The Mansfeld mining district was exhausted in 1990.
It's not so much that they literally ran out - there's still plenty of copper there. But it was only viable to run in the East German (Communist) economy. Now that most is extracted, there are diminishing returns. It takes more labour and processing and etc. than extracting from a deposit elsewhere would.
When Europeans came to North America and reached regions that had never had a particularly high population density and had never had much mining - like in parts of the Rocky Mountains - they sometimes literally found gold dust lying at the bottom of riverbeds and chunks of gold ore sticking out of the side of cliff-faces. (Cue up a gold rush.) Europe's first large-scale miners probably had a similar experience of abundance once, many thousands of years ago.
I'm fairly sure that's not accurate. Source for "most" economies not having money?
It would appear based on some simple googling that "money" has existed in many cultures going back 30,000 years, in two forms: "money of account" and "money of exchange". Of both of those they have taken various forms. Minted coins did not appear until around 3,000 years ago.
What is the best evidence for this historically? Anthropologists strongly dispute this idea, and believe barter was mostly used for trade between total strangers (e.g. traders from outside your society or "economy")
Graeber's Debt: the first 5000 years covers this topic
> What is the best evidence for this historically?
Mostly archeological. There are many burials that contain items that were clearly not locally sourced. In some cases, they had to be transported for thousands of kilometers.
And quite often this was done for non-functional items such as jewelry or dyes.
Er... Money has existed for thousands of years, and has replaced barter in any society with even moderate amounts of specialization, and a population size that gets into the thousands. In Roman times, this was already the case for thousands of years. Money is one of the great enablers of trade and specialization, of empire building. Barter economy cannot sustain any of that, because barter economy does not scale. Money is a relatively recent invention in the time scale of our species existence, but that's still 3-4 thousand years of near-ubiquitous use, minimum.
Was there money in pre-1778 Hawaii? Not that I have been able to figure out. I believe it was a gift economy.
There certainly was specialization in Hawaii, and with a population of over 100,000 would seem like a good counter-example.
> Barter economy cannot sustain any of that, because barter economy does not scale.
From https://en.wikipedia.org/wiki/History_of_money , "There is no evidence, historical or contemporary, of a society in which barter is the main mode of exchange;[23] instead, non-monetary societies operated largely along the principles of gift economy and debt."
Hawai'ians had a number of skilled trades, and a caste system where a working class served a ruling class. Taxes were levied by the higher classes, and were paid in an amount based on the unit of land that was worked via subsistence farming. Those taxes were paid in the form of material goods (textiles, livestock, agriculture, etc). The material goods were the medium of exchange used to pay back a debt.
Therefore, Hawai'i did have money, in the form of commodity money (objects having intrinsic value in addition to value as a method of payment), which is distinct from barter in that there are specific recognizable units of exchange (specific amounts of commodity money used to pay a specific amount of debt). Material goods were also used as money for trade between islands.
When you say "taxes", I worry that your are imposing your view on the system.
Your [1] starts "The concept of private property was unknown to ancient Hawaiians" and says:
> Many Native Hawaiian scholars today make a distinction between
the annual exchange before and after written tax law. Ho‘okupu, the
term used for the exchange before written tax law, is similar to ‘auhau,
the term used after written tax law was instituted. Both refer to the
requirement to provide labor or a portion of an individual’s labor
production to a governmental agent, but as noted earlier, ho’okupu
literally means “to cause to grow.”
> Some Native Hawaiian scholars believe that ho‘o kupu and tax are
antithetical ideas, because, they argue, ho‘okupu was generated by
the person who gives, while taxes were demanded from the person
or group that receives.
Your [3] points out "Actually because the chief upon whose lands they lived owned all the land and resources in an ahupua'a, in a sense the tenants were only giving these resources to the rightful owner, in a useful form and upon demand, on a gift-tax basis."
If you own everything, how do you tax it?
If you own no private property, what does it mean to tax it?
Every article I found on the history of the practice stated they were taxes. They were called "tributes" at the time, but the practice of landed gentry getting payment in exchange for protecting (or not hurting) you is a form of tax, regardless of whether you're doing it willingly or not. Even paying tribute to the gods is a form of tax, because people are afraid that if they don't pay tribute, the gods will be angered and destroy their crops. Tax is really just materials the powerful use to rule or control.
Property ownership is not inherent to taxation, there are many forms of tax.
See, this is why I think you are interpreting through a very specific lens, and I am not convinced it applies.
"Landed gentry", for example, is a particularly British was of looking at things. Your source [1] says "Using a feudal metaphor that many Native Hawaiian scholars reject today, Richards described the problems with several layers of chiefs, all of whom could demand ho‘okupu." (https://en.wikipedia.org/wiki/Feudalism notes issues in extending concepts from feudalism to other cultures).
I know in ethnology there was a long history of viewing everything through a Western European structure, even when it disagreed with the data. It's taken ethnologists a long time to pull back some of those blinders. From what I understand, ethnologists are often annoyed at economists who keep using outdated ethnology. (For a traditional example, the idea that before money there was only barter, when no culture has ever been shown to be based on a barter economy.)
Why then should I not trust the Native Hawaiian scholars who presumably have a better understanding of the topic and say this was neither a tax nor feudal?
> Even paying tribute to the gods is a form of tax, because people are afraid that if they don't pay tribute
Yes, squint hard enough and anything can be tax.
If a husband and wife decide to merge incomes, with the wife deciding how the money will be spent, that could be seen as a 100% tax on the man's income.
(Yes, either one could decide to not continue this arrangement. The materials you points to also highlight that Hawaiians were not bound to the land, and could move should the chief not be to their liking.)
If a skilled slave is sent to do work on another estate, and the slavemaster profits from it, giving the slave only room and board, that could also be seen as a tax, yes?
But it doesn't seem like a useful way to describe either relationship.
Which is why the "Prostitution among animals" gives alternatives, like "The researchers speculate about the possible genetic fitness advantages and disadvantages of the practice, and aren't altogether sure that the female copulates mainly in order to obtain a stone" and "females within the meat-sharing community tend to copulate with males of their own meat-sharing community. Direct exchange of meat for sex has not been observed", with only a single example of the latter exchange among capuchin monkeys.
Or from my link, using the phrase "reciprocal altruism" instead of "monetary system"?
Is "reciprocal altruism" always the same as "monetary system"?
FWIW, I entered this thread to respond to
kspacewalk2s assertion about "money", at https://news.ycombinator.com/item?id=38060762 , not "monetary system". According to kspacewalk2s, money is required to have trade and specialization for any culture beyond a few thousand people. I think you agree that Hawaiians did not have "money" before European contact, correct?
The Roman Empire was basically modern. It had currency, banks, loans with interest, etc.
At the same time, the Slavic countries up north still were pre-monetary. There was little to no currency, but there was extensive trade in fur, salt, and other goods.
It depends on how you define money. Coins didn't really exist until the 7th century BC, that doesn't mean long-range widescale trade did not exist prior to that for 1000+ years but they didn't generally use money (in the way we would understand it at least) so the boundary between using money and barter wasn't really that clear.
This is highly dependent on the location. We certainly know there was a large interconnectede monetary economy around the middle east and the mediterranean around 3000 years ago.
The roman empire was largely a monetarian economy as well, about 2000 years prior to what is commonly referred to as "pre-industrial", they had quite an extensive banking system as well.
Good paper from the progenitor of the blockchain, Nick Szabo, positing that the first moneys emerged up to 75,000 years ago and possibly enabled Homo sapiens sapiens to supersede Neanderthals:
I seriously doubt that currency (a standardized medium of exchange) existed in prehistoric times. But barter economy certainly did, we have plenty of archeological evidence for it.
Still, even the barter economy was used for mostly "optional" activities. People were not dependent on it for survival, a tribe could live just fine on their own, without trade.
That's a pretty recent innovation, standardized coins didn't appear until the 600s BC, barely 100-150 years or so prior to the Greco-Persian wars. Widescale international trade existed for 1000+ years prior to that as far as we know, you don't necessarily standardized money for that.
Because we know that there were much older civilizations during the bronze age which relied on long distance international trade and at least their ruling classes were dependent on it for their survival.
In 600 BCE, Lydia's King Alyattes minted what is believed to be the first official currency, the Lydian stater. The coins were made from electrum, a mixture of silver and gold that occurs naturally, and the coins were stamped with pictures that acted as denominations.
Money and debt aren't exactly the same thing though right? The quipu is a system of IOUs iirc. More like the English debt stick. With currency/money (gold, silver, copper, fiat notes), we make a transaction on the spot and we're done. There is no debt in the simple case. The poster is saying they didn't use money and it sounds like they didn't. They used a system of tracking debts which could likely be traded.
I know it's all tightly related, but I believe there is a difference.
An accounting system using knots isn't money, per ser.
These systems of credit were based on mutual trust and social relations, often without a physical representation of money as we know it today.
Comparing this to coinage, the innovation of coins introduced a standardized physical object that could represent value, which allowed for a different kind of economic activity not solely based on personal trust and relationships. Coinage enabled transactions with strangers and facilitated trade over larger distances and among larger groups of people, where personal credit relationships were not feasible.
Money, has a specificity to it. In essence, while early credit systems were based on social relationships and trust within communities, coinage represented a more impersonal and widely accepted medium of exchange that did not necessarily rely on social bonds. This distinction is crucial because it allowed for the expansion of trade and the concept of money as an abstract unit of account, rather than a direct reflection of social debts and credits.
indeed, the comparison of quipu to modern digital money highlights the diversity of forms that 'money' can take. However, the fundamental difference lies in the functions and roles that these systems serve within their respective societies. The quipu was primarily an accounting tool, part of a complex system of record-keeping used by the Incas, which facilitated the administration of their economy, particularly in terms of tribute and state resources. It did not serve as a medium of exchange in the same way coins or modern digital money do.
modern money, whether digital or physical, serves several key functions: it is a medium of exchange, a unit of account, and a store of value. While the quipu certainly functioned as a unit of account, it's not clear that it served as a medium of exchange or a store of value. These are essential characteristics that define 'money' in the economic sense.
the impersonal nature of coinage and modern digital money allows them to facilitate trade and economic activity on a scale and with a degree of anonymity that's not possible with a system like quipu, which is deeply embedded in the social and political fabric of the society that uses it.
The transition to coinage and later to digittal transactions represents a move towards a more standardized, divisible, and portable form of money that can be used in a wide range of transactions, with or without a pre-existing relationship between the parties involved. This is quite different from the quipu, which was embedded in a specific cultural context and may not have been readily exchangeable or understood outside of that context.
So while it's tempting to draw parallels between ancient accounting systems and modern digital currencies, we must be careful not to conflate the two. Each serves its purpose within its particular economic and social milieu, with specific attributes and limitations that define its use as "money."
> It did not serve as a medium of exchange in the same way coins or modern digital money do.
Source for the confidence here? We know that a corvée economy existed, but I’m skeptical that we can rule out private quipo-based exchange. The evidence base is pretty thin; a lot of stuff didn’t survive Pizarro.
> Coinage enabled transactions with strangers and facilitated trade over larger distances and among larger groups of people, where personal credit relationships were not feasible.
Extensive trade international trade networks existed during the entire bronze age and the preceding periods without any coins, though. Coins are useful as an standardized accounting unit and are easy to transport but fundamentally are not that different from barter.
I think there is a lot of fantasy thinking that ancient times didn’t use money. Trade is evident from the earliest times as proven through goods at burial sites that originated thousands of miles away. Trade necessitated commoditized assets as intermediary value stores, and common ones included salt and furs in addition to hard metal coins and commoditized metal objects like swords.
Social relationships are still important the higher you go in finance - it’s much easier to get a $100 million loan for a new building with a strong relationship with a banker than as a stranger, regardless of collateral.
I think a pre-commercial time where people didn’t care about money is a fiction.
There's a lot of anthropological and archaeological evidence to the contrary. People indeed had trade and exchanges in ancient times, but these did not aalways necessitate a formalized system of money as we understand it today. The early forms of trade were often based on complex systems of credit and debt that were deeply intertwined with social relationships and trust within communities. David Graeber's work, "Debt: the first 5000 years," highlights that for more than 5,000 years before the invention of coins, humans extensively used such credit systems to buy and sell goods, long before the existence of coins or cash.
While it is true that trade is evident from ancient times, with goods found at burial sites that originated thousands of miles away, this does not automatically imply that all trade was facilitated by a commoditized asset serving as a universal medium of exchange. In many cases, goods like salt, furs, and metal objects were indeed used in trade, but they were part of a broader system of barter and reciprocal exchange, which could function effectively without a standardized form of money.
Regarding the role of social relationships in finance, while it's accurate that relationships remain crucial, especially for large transactions in modern times, this does not discount the fact that in the past, community trust and social bonds were often the primary means of securing credit, not collateral or commoditized money. This is evident in how competitive markets and the scarcity of trust can affect transactions, as Graeber notes through an anecdote where mutual aid within a community was a given, not a transaction requiring formal repayment.
The idea of a pre-commercial time where 'people didn't care about money' may indeed be fictional, but it's more nuanced than simply saying they used money in the way we do now. They cared about value and exchange, but these were frequently managed through social mechanisms rather than through impersonal, commoditized money. It's essential to understand that the concept of money has evolved and that early forms of trade and credit were valid economic systems in their own right, even if they don't match the monetary systems we are familiar with today.
My broader point is that certain people think that there is this utopian “pre money time” where capitalism didn’t exist. I believe capitalism is the default, free trade is the default, and the fundamental idea that people will engage in for-profit commerce is embedded into our psychologies.
capitalism, as a system defined by profit-driven markets and private ownership, is a relatively modern concept and not the default economic state throughout human history. earlier societies often operated on principles of reciprocity and communal sharing rather than for-profit trade. while the inclination to trade can be considered inherent, the forms and rules of trade have varied greatly across cultures and eras, shaped by differing social and political contexts.
> is a relatively modern concept and not the default economic state throughout human history
This is speculation.
> earlier societies often operated on principles of reciprocity and communal sharing rather than for-profit trade.
Any society that had specialization of labor did more than that. Heck, the American Indian tribes measured their individual wealth via horse ownership. They certainly engaged in trade with the intent of profit.
exactly, "private ownership of the means of production...." that's an important distinction. It also says, "Central characteristics of capitalism include capital accumulation, competitive markets, price systems, private property, property rights recognition, voluntary exchange, and wage labor." Literally the next sentence. I'd rather not argue the very well understood definition of Capitalism.
You can't have wage labor unless you have money as a construct.
They paid people in ancient times. They knew what a typical day's wage was in Athens:
> Also during Pericles' tenure, pay for civic service was instituted. No single other reform furthered democracy as much as pay for service. Now many more people could afford to serve, and for some, serving became attractive financially. First, dicasts, or jurors, began to be paid. A low rate, but half a day's wages or so. That was introduced by Pericles while Cimon was still around, perhaps to counteract his liberality with his own wealth. Jurors were appointed by lot annually and could serve year after year. By 422 (Aristophanes Wasps 662), there were 6,000 jurors per year. Cleon increased the pay rate to 3 obols a day. Pericles also started the payment of soldiers and sailors 3 obols a day.
You have a very formal, academic understanding of capitalism while we are arguing that the fundamental ideas of capitalism naturally exist because that's logical for human psychology - owning things, trading, markets, paying people for labor. This is all stuff that goes back to the earliest recorded records. Cuneiform tablets are just endless accounting ledgers.
They provide services. What does a cashier "produce" at the grocery store? There were also artisans of all sort that did produce finished or intermediary goods - brickmakers, pottery makers, blacksmiths, weavers, animal breeders, and on and on and on.
the athenian system, as per the UVM article, doesn't align with modern capitalism. It had democratic features like paid public service roles, but was primarily an oligarchy, not a free market. economic participation was broadened, but the structure remained class-based, with power concentrated among the elite.
It's economy wasn't modern free market system focused on capital accumulation and investment for profit. It was a mixed economy with significant state involvement and a variety of revenue sources that went beyond simple market transactions.
State actors paying their civil servants isn't evidence of capitalism, or wage labor.
( David Graeber does write about ancient Greek city-states and how their coinage came to be, according to the historical and archeological record, in "Debt: The First 5000 Years," by the way. )
Capitalism, is a relatively modern phenomenon, with a pretty common, well understood definition. This isn't a heretical or radical idea. You may find some societies prior to the 16th/17th century that fulfills some characteristics of capitalism, but they don't make the cut.
People naturally want to trade. Markets existed before capitalism and they will exist after capitalism.
Capitalism is about accumulating resources privately, and then using those accumulated resources to invest in earning more resources.
If you believe that early man was capable of thinking, "This shit is my shit, that shit is your shit, and if you take my shit I will punish you", then you have the precursors for capitalism. Academics like to throw a bunch of other nonsense around but that's it.
Of course knots aren't "money" because money also needs scarcity and a way to prevent forgery but we have plenty of other examples: Rai stones, cowrie shells, other rare things ...
I think it’s highly likely that a system built for counting was used for counting loans, debts, and resources. The foundation of civilization is resource allocation.
I'm not an expert in this so maybe am just off base.
But the key difference (I have been told) is what you can do with that accounting.
Like, I can walk into a shop and buy anything on the wall with money, whereas that kind of accounting may have very different implications for what you can do with it.
Additionally, I can take money that I gathered from one source and use it somewhere else, and it's fungible in that I can use it anywhere else in the system. If I have a debt to one person in earlier systems that debt may be non-transferable.
If those two elements are true, it becomes very difficult to do a lot of the things that we think of as money, specifically interest and massive accumulation.
> how did all these countries manage to find enough gold
They may not have. Some gold mixed with silver or other metals may have been common. In other words counterfeiting whether officially sanctioned or by thieves was probably not uncommon.
> Was it all relatively surface level and rapidly mined out, and now all gone?
Pretty much. Elemental gold or relatively easy to refine alloys were stripped off the land over many thousands of years. Now we have to go deeper to find more.
There's plenty of gold, or at least there was, in the south west of Britain back in the day. I'd assume pre Roman gold was all surface level stuff, but there were stories of way more industrial processing of silver by the Romans in Spain.
Remember that issuing coins was one way to demonstrate that you really were the sovereign, also. So getting a bunch of gold together and minting some coins was good for "show of authority" and marketing purposes.
Plus if you run into financial trouble, you can debase the currency for a while before people catch on. I think somewhere I read that this eventually happened to most ancient-world currencies, except the Venetian currency (Venice being run by merchants).
lol age of empires man. There was gold just sticking out of the ground everywhere. You just needed some pleebs to mine it and carry it back to your keep. or was that stronghold? I forget XP
Evidence I think shows was plenty of back and forth trade and population movement between Britons and Gauls in that period. And at this point in history or just prior I suspect Brittonic and Gaulish were more dialects or branches of a common P-Celtic language, but there is controversy about this topic.
In any case, language aside, esp after the Romans conquered Gaul, many Gaulish tribes had power centres among the Britons in areas of what is now England. There's been chariot burials discovered in Britain that look basically identical to those from the continent.
E.g. the Parisi were a Brittonic tribe mentioned by the Romans that share a name with the Parisii of Gaul (for which Paris is named), and likely were quite connected.
I believe in fact that part of the justification the Romans gave for their invasion of Britain was in fact that the (defeated) Gauls were using it as a power base to cause problems for the Romans in Gaul.
And then a few hundred years later, it got flipped around and some Britons fled from Saxon invasion back to the continent into what is now Brittany in France and Britonia in Galicia in Spain.
Brittonic was likely very close to gaulish. It's possible the authors just had a simple mixup or possibly subscribe to one of the various hypotheses that they're genetically closely related (e.g. gallo-brittonic).
> an Iron Age man who said he was as "mighty" as a god
I wonder if such people were actually believed (by their followers or by themselves) wielding enormous supernatural powers or if descriptions of this kind were just political flattery.
It depends on what your definition of a god was. In India for example, you had gods that lived amongst the people and had minor supernatural capabilities. Ram was basically just a very capable leader with no special abilities and he’s venerated as a god. On the other hand you also has Brahma or Shiva who were more omnipotent and all powerful.
Say you lived in the iron age in a little camp with your family. You see this really strangely dressed person commanding hundreds or thousands of people to listen to his every whim and demand. You might think he was a wizard or god too, being able to put so many under his spell, maybe you'd do wise to listen to him too lest you face the consequences of his fanatics.
It might just have been the name his parents gave him. In such cases it would just be an aspirational name such as Chastity, or one meant to draw the favor of a particular god such as Jesus or Christian.
2100 years ago was before Christ and at least a few people think he's pretty important. Seems reasonable to assume there was enough mysticism that people would believe it.
People were skeptical then as well. What you're missing is that religion in the premodern world had political and cultural dimensions that are largely non-existent in modern Western society. Rejecting someone's divinity when the current political leader legitimizes their rule by descent from that person is also rejecting the current political leaders. That's could be quite a dangerous statement to make, so it's one you'll be relatively quiet about compared to the people writing mythical stories into official histories that survived to the present day.
I'm not missing this. Quite contrary - this is exactly what I mean. Even today I would run around and yell our president is a superhero, maybe even pretend I mean that literally, if I somehow believed this could do real good and no harm and the president was doing a good job. Needless to say I would hardly believe he can see through walls and will fly to save me in case of an emergency.
When a bad harvest, a pack of hungry wolves, violent neighbors, or a small cut that becomes infected, are all life threatening possibilities, I think mysticism overrules skepticism.
Even today there are people who have little skepticism and take mysticism seriously, it is likely that any evidence against this person did not survive the times.
Indeed. Even today "there are people...". What I am curious about is how much does the average degree of seriousness differ between our and their times. We seemingly tend to assume people of the distant past predominantly were extremely naïve and sincerely believed whatever we find written by them. But what if they were almost as rational as modern people are and that's we who are naïve when reasoning about their beliefs?
I think it's less about being naive and more about the base of information.
I believe I need antibiotics when I have an appropriate infection, because modern medicine has built an entire catalogue of reasons.
If we don't have that information, and we do have "experts" saying it's because our autumn sacrifice wasn't good enough, then my guess is that's what most people will believe.
Make the best choice you can with the available information, sort of thing.
I don’t understand why people say this. Digital formats can be easily ported over to other digital formats and the more we can automate, the easier it’ll be to port digital information from one format to another. I don’t think we’ll lose very much data at all.
Preserving digital data requires constant maintenance, because none of the media we use will last forever. Any maintenance gap of a few decades means the data is lost. Such gaps are inevitable over longer timescales like thousands of years.
Preserving analog data also requires maintenance, except digital maintenance is much easier to do and can be, at least partially, automated, while analog maintenance is specialty work that can’t be automated at all.
Digital data still requires hardware that needs maintenance. Besides what is going to be archived over time will be things people consider significant in some way, not joe shmoes harddrive.
What I was pointing out was that you can actually see the fact that the hard drives are designed to be replaced as a positive rather than a negative. It means that the data can be moved from drive to drive without much hassle.
> Preserving digital data requires constant maintenance, because none of the media we use will last forever
That's the only reason we have any texts written by Greek and Romans constant maintenance and copying, and that's also why almost everything has been lost over the ages. Clay tablets from the bronze age are an aberration.
Unless civilization is destroyed after a nuclear war, solar event, something else. Knowledge could be lost in a handful of generations. Maybe a global pandemic makes everyone have constant debilitating brain fog and everything just stops working. I think the right actor in the right place could make these things (except the solar thing) happen.
Although a good point to consider is that we have lost the vast majority of information about the past, so it's not like the old way of writing stone tablets or whatever is necessarily good.
LOL, the whole of most of the pre-Facebook social networks has already been lost. And that was where most people were keeping their digital photos from 2000-2008.
The Long Now foundation is trying to fix that, e.g. with their Rosetta project. They actually managed to get a copy onto comet "67P/Churyumov–Gerasimenko"!
Well, considering that we have human ancestors going back hundreds of millenia, I feel like we actually know very little about them.
Often I get the feeling that the culture I live in makes so many assumptions about other people that we misunderstand even folks who are living now, so people I think we have a very hard time understanding the folks who were living 50k years ago who were every bit as smart, kind, and funny as we are now.
If you are a reader, you probably have more books than the entire corpus of ancient Greek writing.
We still make lots of paper books. Some will be buried in places they survive. If civilization doesn't completely collapse, somebody will collect books.
If we really cared about preservation, we could archive things better. Like printing books on something that won't degrade. Or inventing archival data storage. I can see focus on preservation happening if there is a near collapse of civilization.
most private collections will end up destroyed, because their value is unknown and the cost to even evaluate what is worth preserving exceeds the value of the books themselves.
just the other day i heard the story of a private collector leaving 75,000 books behind, that the heirs can't even afford to dispose of, let alone preserve. there is no complete catalogue, if there is one at all, and most certainly not a digital catalogue.
they will most likely end up being permanently destroyed in paper recycling, if they keep the house. otherwise it will be cheaper to just tear the house down with the books still inside.
so in the end the only books being preserved will be libraries as long as those are being funded. for less popular titles that means just a few copies of each book. and those that can be digitized before they are being destroyed.
beyond that what will survive are at best maybe a few private libraries that are on privately owned properties owned by a family that cares.
with that in mind it would actually be an interesting question how to bury books with minimal effort so that they have at least some chance to survive
Outside of archeology we basically know nothing about pre-Roman Britain. We hardly know anything about Roman Britain too and we barely know what happened after the Romans left.
Barring some world ending apocalypse I find it hard to imagine that, even if let's say 1000 times less written material survived the next 2000 years compared to the 2000 that preceded us our descendants would still have several magnitudes more information about our times than we do about 0 BC (especially if we're talking about Britain or pretty much any people in Europe who did not speak Latin or Greek).
It is hard to tell what we will leave. Depending on how our civilization declines, if it just the typical path of resource overshoot and decline I do wonder how much of what we are creating today will last. Digital technology is efficient but lacks resilience. Even our printed materials now are on high acid paper that essentially turns into saw dust after less than a hundred years.
The things that make it through these periods are the stuff that is seen as useful to the folks in between. This is why we get a lot of religion, the odd bits of sciences stuff, a lot on growing food and snips of history if lucky. Heck for the might of the Roman empire, we only have 25 seconds of sheet music remaining. It is also funny how little we know about some of the Emperors. Things like, they had children, we do not know their names or if they survived childhood. The gaps are huge.
The things that survive are the things other think are worth surviving. Hygiene practices yes! Tiktok... no.
> Even our printed materials now are on high acid paper that essentially turns into saw dust after less than a hundred years.
I've heard this a lot and don't find it credible. I have many books that are from 1 to 150 years old and none have shown signs of turning into sawdust. I even have 40 year old computer mags that are like new.
A few things come to mind, the longevity of digital based information, how electronics doesn't survive as well as clay and paper, encrypted storage, commercial software stored information, and how well we may nuke ourselves.
Digital data that we don’t have a very long history of maintaining and largely not maintained and most paper print matter is very short lived relative to what we have gleaned from metal, stone and clay used by prior civilizations.
I think this is an interesting question in that it brings up two points.
The media this culture creates (specifically writing, in general) is very specific but very fragile. So eventually it wears out, and every year our storage media get vastly more fragile- photos from the early 1900s might last longer than stuff on hard drives if humans forget how to build those kinds of things.
But (and this is what I find interesting) the oral traditions that go back (in what we call north America) go back 15k years or more don't "count" under the current epistemic regime. Generally this history isn't something most of the people I run into are aware of, and when people are aware of them they come across as fables/ folk tales/ lore and not material history.
I live around a lot of native folks whose history has been often lost as they have been the victims of a vast genocide seeking to eradicate their culture. However, if you look online you can find discussions about oral histories around hunting mammoths, for instance. This has become a relevant discussion as the amount of genocide has eased up a bit and we have, for instance, native folks doing academic anthropology who can tie an archeological history of (say) large mammoth kills to specific oral narratives.
So, I get what seems to be the original point (our writing will become less legible), but I also find some irony in the idea that people with oral traditions might know a lot more about their long-term ancestors than our rather ephemeral culture.
Oral traditions can certainly have stories that line up with ancient events. But if you've got 100 stories and 3 line up with ancient events, could that just be coincidence?
In any case, how much information can be stored in a person's head? It can't be that much.
I'm quite curious because the article had no mention of what appears on the design on the face of the coin, it doesn't seem like the entire design represents the letters of the ruler's name, so the spoked wheel type design makes me wonder what it actually is. I have an old and large roman (or greek) gold coin myself but I've never taken it anywhere to be analysed/dated.
It does have a hole through it though, which I've read is either because it was used as a medallion/worn around the neck at some point, or to check that it's gold all the way through (which it appears to be).
The designs on it are super interesting as well, but I haven't found any reference to it at all, every couple of years I get curious and search, but I should really just take it to an expert.
Here's what they look like, in case anybody has any idea: https://imgur.com/a/fRrTKUg. Please ignore the NSFW warning, imgur does that for all it seems. Have never cleaned it, I got it from a family member when I was a child and it's still quite bright although seems dulled because it's not polished, the gold is quite smoothed over/worn.
Can someone explain why this is remarkable? Is there something special about that ruler? Or about coins that age in Britain?
> "Within a rapidly changing political landscape, I suspect that new political leaders emerged; sometimes flourishing, sometimes disappearing as quickly as they had appeared," Leins said. "If an individual amassed enough power and wealth to extend his/her influence, the striking and issuing of coins was one mechanism by which they could further expand their influence."
Yes, that's pretty much how it works. This is also how we know of a couple of short lived rulers during the migration period after Rome fell. Why is this science 'news'?
> The rare coin was discovered in March 2023 in Hampshire county and was auctioned Sept. 28 for 20,400 British pounds ($24,720), Spink auction house said in a series of statements.
> A Latin alphabetic inscription on the coin bears the name "Esunertos," which can be translated as "mighty as the god Esos," (also spelled Esus) the statements said. The name itself is Gaulish, a language commonly spoken in the region at the time, John Sills, an archaeologist at the University of Oxford's Institute of Archaeology who examined the coin before it was auctioned, told Live Science in an email.
> The coin dates to sometime between 50 B.C. and 30 B.C., a time after Julius Caesar invaded Britain twice around 55 B.C. to 54 B.C., the statement said. Caesar's invasions failed to establish permanent Roman control over Britain. It wasn't until after another Roman invasion, launched in A.D. 43 by Emperor Claudius, that the Roman Empire managed to gain long-term control over part of the island.
> This coin is one of only three on record that bear the name Esunertos, Sills said. All three were found in the same region, and it's possible that the territory controlled by Esunertos included part of what is now western Hampshire, Sills noted.
The pertinent part of the discovery is a 2100 year old coin from pre-Roman Britain stamped with some (“obscure”) ruler’s name, meaning the British Isles had coin-based commerce before the Romans arrived. The ruler’s name is incidental and not itself germane to the conversation, hence why it was elided from the title.
Ok, but the problem here is that the article would either have to use his actual name ('Esunertos') which almost no one would know, or it would have to summarise:
>coin bears the name "Esunertos," which can be translated as "mighty as the god Esos," (also spelled Esus) ... dates to sometime between 50 B.C. and 30 B.C., a time after Julius Caesar invaded Britain twice around 55 B.C. to 54 B.C
Into the title. I'm not sure which would be better, really.