Book Details
Format
Paperback / Softback
ISBN-10
1783163097
ISBN-13
9781783163090
Edition
4 New edition
Publisher
University of Wales Press
Imprint
University of Wales Press
Country of Manufacture
GB
Country of Publication
GB
Publication Date
May 15th, 2016
Print length
784 Pages
Weight
1,298 grams
Dimensions
23.40 x 15.80 x 4.40 cms
Product Classification:
Monetary economicsEconomic history
Ksh 8,550.00
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The complete history of money from the barter system to the gold standard, eventually to the modern financial world and beyond.
A History of Money is exactly thata look at how money, the indispensable unit of our economy, developed through time. Starting with the barter system, the authors describe how the basic function of exchanging goods evolved into a monetary system based on coins made of precious metals and how, from the 1500s onwards, financial systems were established and currency became intertwined with commerce and trade, finally settling by the mid-1800s into a stable system based on gold. Rather than approaching money as a theory, the authors show how usage developed pragmatically over time to suit the economic needs of society; and they make a surprising yet compelling argument for the inherent stability of the gold standard.
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