“AMAGI” Ancient Debt Cancellation
A document excavated from a city in Mesopotamia in 2400 B.C. “I have brought freedom to the city of Lagash. I have returned mothers to children, children to mothers, and canceled their debts.” There was a debt cancellation system, “Amagi.”The city’s ruler collected tax in the form of wheat; otherwise, if not paid, they would be in debt.… Read More »
