July 31, 2008
Asset Management
In olden times as humans became gatherers they began to accumulate non-necessities Humans back to and including the Cro-Magnons seem to have had clearly defined rulers and status hierarchies. Digs in Russia have revealed elaborate funeral clothing on a pair of children buried there over 35,000 years ago. This indicates a considerable accumulation of wealth by some individuals or families. The high artisan skill also suggest the capacity to direct specialized labor to tasks that are not of any obvious utility to the group's survival. Unfortunately they had not discovered asset management. If they had they might have survived.