Chronicales the history of money from bartering in ancient times to the development of modern monetary systems, discussing the first use of coins and paper money.
During ancient times currency took varied forms, including beaver skins, bales of tobacco, and sea salt blocks. As art and technology advanced, monetary systems and currencies altered. Today, coins and currency provide an historical and archeological record of culture, religion, politics, and world leaders. This updated second edition offers numerous entries of historical commentary on the role of coins and currency in human events, politics, and the arts. It begins with the origin of coins in ancient Sumer, and follows advancements in metallurgy and minting machines to paper, plastic, and electronic moneys designed to ease trade and halt counterfeiting and other forms of theft. A timeline of monetary history is provided along with a glossary and bibliography. Numerous photographs of coins and bills provide an up-close look at beautiful and ingenious artifacts.
An account of the central importance of money in the ordinary business of the life of different people throughout the ages from ancient times to the present day. It includes the Barings crisis and the report by the Bank of England on Barings Bank; information on the state of Japanese banking; and, the changes in the financial scene in the US.
A striking feature of African history is the volume of commerce and production that has been possible without the full panoply of credit, insurances, future markets, stock companies, limited liability, and other legal and financial services that make up the formal sector of modern economies. The contributions to this volume investigate institutional nexuses through which money has been managed in Africa. Together they present important perspectives that are needed to understand the present economic crisis on the continent.
COWRIES TO CRYPTO is a playful romp through world history, providing an entertaining account of the creation of money, from the earliest forms of barter to the introduction of coins, paper notes and digital currencies. Beautifully narrated through a series of witty illustrations, this extraordinary book tells the tale of how money came to be.