Overview

A History of Money looks at how money as we know it developed through time. Starting with the barter system, the basic function of exchanging goods evolved into a monetary system based on coins made up of precious metals and, from the 1500s onwards, financial systems were established through which money became intertwined with commerce and trade, to settle by the mid-1800s into a stable system based upon Gold. This book presents its closing argument that, since the collapse of the Gold Standard, the global monetary system has undergone constant crisis and evolution continuing into the present day.

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9781783163090

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A thoroughly good read. --Economic Journal, on the previous edition If you want a chronological history of money, here it is. If the development of banking is required, that is available. And if you want to worry about the exploding world population, the book provides some interesting theories. --Banking World, on the previous edition Many fascinating historical perspectives are contained in this highly readable, new history of money. --Financial Times, on the previous edition This work of monumental proportions is both well conceived and executed . . . Davies writes with a sparkling wit, and his prose is elegant and flowing. This book is a total success. Both undergraduate and graduate students can learn much from this excellent work, which will be useful to economists, political scientists, and even anthropologists. --Choice, on the previous edition

Many fascinating historical perspectives are contained in this highly readable, new history of money. --Financial Times, on the previous edition This work of monumental proportions is both well conceived and executed . . . Davies writes with a sparkling wit, and his prose is elegant and flowing. This book is a total success. Both undergraduate and graduate students can learn much from this excellent work, which will be useful to economists, political scientists, and even anthropologists. --Choice, on the previous edition If you want a chronological history of money, here it is. If the development of banking is required, that is available. And if you want to worry about the exploding world population, the book provides some interesting theories. --Banking World, on the previous edition A thoroughly good read. --Economic Journal, on the previous edition

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A-Level to Undergraduate

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