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Easy Money: American Puritans and the Invention of Modern Currency Hardcover -

by Dror Goldberg

  • New

Description

New. <p><b>A sweeping history of the American invention of modern money.</b></p><p> Economists endlessly debate the nature of legal tender monetary systems—coins and bills issued by a government or other authority. Yet the origins of these currencies have received little attention. </p><p> Dror Goldberg tells the story of modern money in North America through the Massachusetts colony during the seventeenth century. As the young settlement transitioned to self-governance and its economy grew, the need to formalize a smooth exchange emerged. Printing local money followed. </p><p><i>Easy Money</i> illustrates how colonists invented contemporary currency by shifting its foundation from intrinsically valuable goods—such as silver—to the taxation of the state. Goldberg traces how this structure grew into a worldwide system in which, monetarily, we are all Massachusetts. Weaving economics, law, and American history, <i>Easy Money </i>is a new touchstone in the story of monetary systems. </p>
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Details

  • Title Easy Money: American Puritans and the Invention of Modern Currency
  • Author Dror Goldberg
  • Binding Hardcover
  • Condition New
  • Pages 360
  • Volumes 1
  • Language ENG
  • Publisher University of Chicago Press
  • Features Bibliography, Index
  • Bookseller's Inventory # A9780226825106
  • ISBN 9780226825106 / 0226825108
  • Weight 1.4 lbs (0.64 kg)
  • Dimensions 9.1 x 6 x 1.1 in (23.11 x 15.24 x 2.79 cm)
  • Library of Congress subjects Money - United States - History - 17th, Legal tender - United States - History -
  • Library of Congress Catalog Number 2022026637
  • Dewey Decimal Code 332.497

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Citations

  • Choice, 09/01/2023, Page 0

About the author

Dror Goldberg is a senior faculty member in the Department of Management and Economics at the Open University of Israel.