Waubonsee Community College

The evolution of money, David Orrell and Roman Chlupatý

eng

Includes bibliographical references (pages 239-290) and index

index present

non fiction

The evolution of money

bibliography

927400907

David Orrell and Roman Chlupatý

The sharing economy's unique customer-to-company exhanges are possible because of the way in which money has evolved. These transactions have not always been as fluid as they are today, and they are likely to become even more fluid. It is therefore critical that we learn to appreciate money's transition from hard currencies to crytocurrencies like Bitcoin if we are to access its cooperative potential. The Evolution of Money illuminates this fascinating reality, focusing on the tension between currency's real and abstract properties and advancing a vital theory of money rooted in this dual exchange. It begins with the debt tablets of Mesopetamia and follows with the development of coin money in ancient Greece and Rome, gold-back currencies in medieval Europe, and monetary economics in Victorian England. The book ends in the digital era, with the cryptocurrencies and service providers that are making the most of money's virtual side and that suggest a tectonic shift in what we call money. By building this organic time line, The Evolution of Money helps us anticipate money's next, transformative role. -- from dust jacket

Origins -- The money magnet -- Virtual money -- New world -- A wonderful machine -- The money power -- Solid gold economics -- New money -- Changing the dominant monetary regime, Bit by Bitcoin -- Utopia