Ask HN: Deriving modern markets from first principles?
Are there any books/websites that start from actual scratch and rederive the modern financial system from first principles?e.g. "Alice has an apple orchard, Bob has a banana orchard. They'd like to trade these directly, but apple season isn't the same as banana season. Therefore, Alice gives Bob an apple in exchange for a token, then uses that token later to obtain a banana from Bob. We've now...