Explore how money came to rule trade and shape economies, from barter to modern clearing-house systems.
This book traces the natural law of money—how money arises from human needs, its flexible forms, and the forces that keep it stable or cause volatility. It connects early colonial experiments with paper money to today’s monetary debates, showing how law, policy, and finance interact to influence everyday life.
- Learn how money began as a product of labor and evolved through barter, trade, and general demand
- See how colonial paper money faced stability challenges and how government action affected its fate
- Understand the hoarding panic of 1893 and the improvised responses that kept the economy moving
- Discover how monetary theory meets real-world policy and legislation, shaping money’s value and use
Ideal for readers of economic history, monetary policy, and the evolution of financial systems.
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Vendeur : Forgotten Books, London, Royaume-Uni
Paperback. Etat : New. Print on Demand. This book explores the fascinating history of money, tracing its evolution from its earliest forms to the emergence of modern monetary systems. The author delves into the natural laws governing the value of money, examining how various commodities, from cattle to tobacco, were used as mediums of exchange in different societies. The book then focuses on the rise of metal currencies, particularly silver and gold, and the complexities of bi-metallism ââ â the attempt to maintain two metals as equivalent legal tender. The author dissects the "Gresham Law," which explains how cheaper forms of money drive out more valuable forms from circulation, and analyzes the historical consequences of debased coinage. The book then explores the advent of paper money and the development of banking systems, highlighting the critical role of trust and credit in a stable monetary system. The author challenges the prevailing notion that governments can artificially regulate the value of money, advocating instead for a free market approach where the value of currencies is determined by natural forces of supply and demand. The book offers a thought-provoking analysis of the intricate relationship between money, power, and economic progress. This book is a reproduction of an important historical work, digitally reconstructed using state-of-the-art technology to preserve the original format. In rare cases, an imperfection in the original, such as a blemish or missing page, may be replicated in the book. print-on-demand item. N° de réf. du vendeur 9781330340608_0
Quantité disponible : Plus de 20 disponibles
Vendeur : PBShop.store US, Wood Dale, IL, Etats-Unis
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330340608
Quantité disponible : 15 disponible(s)
Vendeur : PBShop.store UK, Fairford, GLOS, Royaume-Uni
PAP. Etat : New. New Book. Shipped from UK. Established seller since 2000. N° de réf. du vendeur LW-9781330340608
Quantité disponible : 15 disponible(s)