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Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both have drawbacks, but in recent years, the chartalist theory has gained much ...

Archaeologists show that the Chumash Indians had been using shell beads as money for at least 800 years. As one of the most experienced archaeologists studying California's Native Americans, Lynn ...

ARLINGTON, Va.- Perforated shells found at South Africa's Blombos Cave appear to have been strung as beads about 75,000 years ago-making them 30,000 years older than any previously identified personal ...

SANTA BARBARA, CALIFORNIA—According to a statement released by the University of California, Santa Barbara, archaeologist Lynn Gamble compared and measured different types of shell beads made by ...

(CNN) — Archaeologists investigating a roughly 5,000-year-old tomb in southwestern Spain say the women laid to rest there were buried with a staggering number of white beads that would have been ...