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What is money, and how does it work? The conventional answer is that people once used sugar in the West Indies, tobacco in Virginia, and dried cod in Newfoundland, and that today’s financial universe evolved from barter. Unfortunately, there is a problem with this story. It’s wrong. And not just wrong, but dangerous. Money: the Unauthorised Biography unfolds a panoramic secret history and explains the truth about money: what it is, where it comes from, and how it works. Drawing on stories from throughout human history and around the globe, Money will radically rearrange your understanding of the world and shows how money can once again become the most powerful force for freedom we have ever known.
What is money, and how does it work? The conventional answer is that people once used sugar in the West Indies, tobacco in Virginia, and dried cod in Newfoundland, and that todayâe(tm)s financial universe evolved from barter. Unfortunately, there is a problem with this story. Itâe(tm)s wrong. And not just wrong, but dangerous. Money: the Unauthorised Biography unfolds a panoramic secret history and explains the truth about money: what it is, where it comes from, and how it works. Drawing on stories from throughout human history and around the globe, Money will radically rearrange your understanding of the world and shows how money can once again become the most powerful force for freedom we have ever known.
The essential handbook for anyone who wants to understand how our economic system really works, what has gone wrong with it, and what we can do to fix it. What is money and how does it work? The conventional answer is that once upon a time people exchanged what they produced for what they wanted--cod in Newfoundland, sugar in the West Indies, tobacco in Virginia--and that today's financial universe evolved from barter. But there is a problem with this story. It's wrong. And dangerous. Putting the record straight, Money: The Unauthorised Biography draws on stories from around the world and throughout history, from the primitive tribe using as cash an enormous underwater stone wheel to the cre...
What is money, and how does it work? In this tour de force of political, cultural, and economic history, Felix Martin challenges nothing less than our conventional understanding of one of humankind’s greatest inventions. Martin describes how the Western idea of money emerged in the ancient world, and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. Money, he argues, has always been an intensely political instrument, and that it is our failure to remember this that led to the crisis in our financial system and the Great Recession. He concludes with practical solutions for making money serve us—and, in an introduction and epilogue new to this edition, a discussion of what Bitcoin and other cryptocurrencies mean for money's future. From John Locke to Montesquieu, from Sparta to the Soviet Union, Money is a far-ranging and magisterial work of history and economics, with profound implications for the world today.
Traces the development and evolution of money from its origins in the ancient world to the gold standard, challenging conventional understandings while exploring the world's complicated monetary systems.
From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions. What is money, and how does it work? In this tour de force of political, cultural and economic history, Felix Martin challenges nothing less than our conventional understanding of money. He describes how the Western idea of money emerged from interactions between Mesopotamia and ancient Greece and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. He explores the extraordinary diversity of the world’s monetary systems, from the Pacifi...
Where do we end up when we enter the time machine that is the digital game? One axiomatic truth of historical research is that the past is the time-space that eludes human intervention. Every account made of the past is therefore only an approximation. But how is it that strolling through ancient Alexandria can feel so real in the virtual world? Claims of authenticity are prominent in discussions surrounding the digital games of our time. What is historical authenticity and does it even matter? When does authenticity or the lack thereof become political? By answering these questions, the book illuminates the ubiquitous category of authenticity from the perspective of historical game studies.
While the birth of global economic governance is conventionally dated to the end of World War II, Jamie Martin shows how its roots lie in World War I and its aftermath. The Meddlers explores the intense political struggles about sovereignty and self-governance provoked by the first attempts to govern global capitalism.
It can never be wrong to live with someone you are fond of. 5-year-old Jenny lives happily with her dad Martin and his partner Eric. From celebrating birthdays and eating breakfast in bed to playing board games and reading bedtime stories, their weekends are spent the same way as everyone else's. Well-received in Denmark, ́Jenny Lives with Eric and Martin ́ sparked a major debate when it was published in Britain two years later, resulting in a ban that prohibited teaching school children about homosexuality. Therefore, it is the ideal book for early readers as it serves as great educational material for those interested in learning about family structures that differ from their own. A beau...