Money: The Unauthorized Biography--From Coinage to Cryptocurrencies

Money: The Unauthorized Biography--From Coinage to Cryptocurrencies

Felix Martin


What is funds, and the way does it paintings? during this travel de strength of political, cultural, and monetary heritage, Felix Martin demanding situations not anything below our traditional knowing of 1 of humankind’s maximum innovations. Martin describes how the Western proposal of cash emerged within the old global, and was once formed over the centuries through tensions among sovereigns and the rising center periods. funds, he argues, has constantly been an intensely political device, and that it truly is our failure to recollect this that ended in the hindrance in our economic system and the nice Recession. He concludes with useful strategies for making a living serve us—and, in an creation and epilogue new to this version, a dialogue of what Bitcoin and different cryptocurrencies suggest for money's destiny. From John Locke to Montesquieu, from Sparta to the Soviet Union, Money is a far-ranging and magisterial paintings of historical past and economics, with profound implications for the area today.

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