9781549107085-1549107089-Money: The True Story of a Made-Up Thing

Money: The True Story of a Made-Up Thing

ISBN-13: 9781549107085
ISBN-10: 1549107089
Edition: Unabridged
Author: Jacob Goldstein
Publication date: 2020
Publisher: Hachette Book Group and Blackstone Publishing
Format: Audio CD 1 pages
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Book details

ISBN-13: 9781549107085
ISBN-10: 1549107089
Edition: Unabridged
Author: Jacob Goldstein
Publication date: 2020
Publisher: Hachette Book Group and Blackstone Publishing
Format: Audio CD 1 pages

Summary

Money: The True Story of a Made-Up Thing (ISBN-13: 9781549107085 and ISBN-10: 1549107089), written by authors Jacob Goldstein, was published by Hachette Book Group and Blackstone Publishing in 2020. With an overall rating of 3.8 stars, it's a notable title among other Money & Monetary Policy (Economics, Civilization & Culture, World History, Class, Sociology) books. You can easily purchase or rent Money: The True Story of a Made-Up Thing (Audio CD) from BooksRun, along with many other new and used Money & Monetary Policy books and textbooks. And, if you're looking to sell your copy, our current buyback offer is $0.49.

Description

Co-host of the popular NPR podcast "Planet Money" provides a well-researched, entertaining, somewhat irreverent look at how money is a made-up thing that has evolved over time to suit humanity's changing needs.
What is money anyway, and where and why did it originate? According to Jacob Goldstein, this made-up thing has evolved over centuries and takes different forms based on technological advances, the needs of society, and often the crazy ideas of outliers on the fringes. Told through witty, historical anecdotes, Goldstein demystifies this ever-evolving tool from the invention of the first coins in Mesopotamia, to how China invented paper money centuries before it appeared in the west, how at one point in Sweden men carried giant "coins" on their backs to pay for goods, to the gold standard, pound sterling, origins of the Euro, mutual funds, bitcoin and a cashless society. Money presents entertaining tales of fascinating characters who fundamentally changed our monetary systems such as Genghis Khan, John Law, a convicted murderer and professional gambler, the Luddites, and the anarchist cyberpunks who created bitcoin.
Through these major movements we see the rise and fall of various financial institutions: central banks, the stock market, the Federal Reserve, and the shadow institutions like Lehman Brothers that helped create the financial crisis of 2008.
Lively and accessible and full of interesting tidbits (the word "banker" comes from the Venetian "bench sitters"-or "banchieri"-of the 1600s who guarded the gold) Goldstein looks at the evolution of money (whose definition appears to be, if we all agree it's money, then it is money) and confronts its true purpose and who it is supposed to be for.

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