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Clojure for Finance by Timothy Washington

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Notions of finance

It's useful to think of capital as a store of time and labor. Let's consider money outside our current banking system. In The Ascent Of Money: A Financial History of the World by the Penguin Group, Niall Ferguson discusses the history of money and credit in human civilization (you can find it at http://www.amazon.com/The-Ascent-Money-Financial-History/dp/0143116177). This approach lets us consider how societies use capital to distribute wealth. Among other things, he argues that the evolution of credit and debt is as important as any technological innovation in the rise of a civilization. I've mentioned this to highlight the purpose of finance and the fact that money and finance have existed across many banking systems, including ...

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