A sweeping history of the American invention of modern money.
Economists endlessly debate the nature of legal tender monetary systems―coins and bills issued by a government or other authority. Yet the origins of these currencies have received little attention.
Dror Goldberg tells the story of modern money in North America through the Massachusetts colony during the seventeenth century. As the young settlement transitioned to self-governance and its economy grew, the need to formalize a smooth exchange emerged. Printing local money followed.
Easy Money illustrates how colonists invented contemporary currency by shifting its foundation from intrinsically valuable goods―such as silver―to the taxation of the state. Goldberg traces how this structure grew into a worldwide system in which, monetarily, we are all Massachusetts. Weaving economics, law, and American history, Easy Money is a new touchstone in the story of monetary systems.
Les informations fournies dans la section « Synopsis » peuvent faire référence à une autre édition de ce titre.
Dror Goldberg is a senior faculty member in the Department of Management and Economics at the Open University of Israel.
Les informations fournies dans la section « A propos du livre » peuvent faire référence à une autre édition de ce titre.
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Paperback. Etat : new. Paperback. A sweeping history of the American invention of modern money. Economists endlessly debate the nature of legal tender monetary systemscoins and bills issued by a government or other authority. Yet the origins of these currencies have received little attention. Dror Goldberg tells the story of modern money in North America through the Massachusetts colony during the seventeenth century. As the young settlement transitioned to self-governance and its economy grew, the need to formalize a smooth exchange emerged. Printing local money followed. Easy Money illustrates how colonists invented contemporary currency by shifting its foundation from intrinsically valuable goodssuch as silverto the taxation of the state. Goldberg traces how this structure grew into a worldwide system in which, monetarily, we are all Massachusetts. Weaving economics, law, and American history, Easy Money is a new touchstone in the story of monetary systems. Shipping may be from multiple locations in the US or from the UK, depending on stock availability. N° de réf. du vendeur 9780226854434
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