I am wondering how the economy system has been evolved and what the reasons why it was invented at the time were. Is it absolutely necessary for the prosperity of human society ? What would be a society like if there is no economic system at all ? Is the economic system more powerful now than it needs to be ? How does the economic system affect politics, business, technological innovation, and so on?

Resources Gathered:

• Books to read:
  • Kevin O’Rourke and Jeffrey Williamson, Globalization and History (1999)
    
  • Barry Eichengreen, Globalizing Capital:  A History of the International Monetary System, second edition (2008)
    
  •  The End of Banking by “Jonathan McMillan”
    
  • Spolaore & Wacziarg’s “How deep are the roots of economic development”
    
  • Nathan Nunn “Historical Development” and “The Importance of History for Economic Development”