6
votes
3answers
152 views

Why did gold become popular and valuable back when it had not many real world uses?

I'm talking about back when it was first starting to get discovered, like 2000 B.C. (roughly). Gold was being used for coins, jewelry and more. It was a very well known commodity and accepted ...
1
vote
0answers
69 views

Have economic sanctions prevented or inhibited wars? [closed]

The current escalation of armed conflicts and the complex geopolitical landscape keeps me thinking on how to avoid future wars. The only long term definitive solution I could think of is replacing ...
7
votes
5answers
295 views

Is there a link between national debt/trade deficit and starting a war?

I saw in an article mentioning that there is a link between national debt and starting wars I don't recall where I've seen it mentioned to look for further references on the matter. Are there known ...
18
votes
3answers
2k views

When and where was salt as valuable as gold?

I have often heard that gold and salt were sometimes considered of equal value. When and where did that occur?
17
votes
2answers
825 views

Has mercantilism ever been successful?

Mercantilism, which includes protectionism, industrial policy, capital controls, and other distortions to trade, is generally viewed by economists today as unsound economic policy. An overwhelming ...
20
votes
3answers
457 views

First evidence for replacement of barter trade by local abstract currency?

What were the first local currency systems in history we have detailed information on? I dont think it was gold/silver or other hard to produce materials. Probably these became more important ...
9
votes
7answers
337 views

First evidence of intercontinental or cross-cultural trade?

Probably this happened several times and maybe even failed and broke up in different regions. What hints and proofs do we have of the earliest succesful intercontinental trade relations? I assume ...