The evolution of money
Author(s)
Bibliographic Information
The evolution of money
Columbia University Press, c2016
- : cloth
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Note
Includes bibliographical references (p. [271]-290) and index
Description and Table of Contents
Description
The sharing economy's unique customer-to-company exchange is possible because of the way in which money has evolved. These transactions have not always been as fluid as they are today, and they are likely to become even more fluid. It is therefore critical that we learn to appreciate money's elastic nature as deeply as do Uber, Airbnb, Kickstarter, and other innovators, and that we understand money's transition from hard currencies to cryptocurrencies like Bitcoin if we are to access their cooperative potential. The Evolution of Money illuminates this fascinating reality, focusing on the tension between currency's real and abstract properties and advancing a vital theory of money rooted in this dual exchange. It begins with the debt tablets of Mesopotamia and follows with the development of coin money in ancient Greece and Rome, gold-backed currencies in medieval Europe, and monetary economics in Victorian England. The book ends in the digital era, with the cryptocurrencies and service providers that are making the most of money's virtual side and that suggest a tectonic shift in what we call money.
By building this organic time line, The Evolution of Money helps us anticipate money's next, transformative role.
Table of Contents
Acknowledgments Introduction 1. Origins 2. The Money Magnet 3. Virtual Money 4. New World 5. A Wonderful Machine 6. The Money Power 7. Solid Gold Economics 8. New Money 9. Changing the Dominant Monetary Regime, Bit(coin) by Bit 10. Utopia Notes Bibliography Index
by "Nielsen BookData"