From primitive man's cowrie shells to the electronic cash card, from the markets of Timbuktu to the New York Stock Exchange, The History of Money explores how money and the myriad forms of exchange have affected humanity, and how they will continue to shape all aspects of our lives--economic, political, and personal.
©1998 Jack Weatherford (P)2010 Audible, Inc.
I would not have thought of reading this book, but I read the author's book about Genghis Khan and enjoyed it so much that I thought I would give his other books a listen. Though the end of the book discussing the era of electronic money was a bit tedious to me, the rest of the book more than made up for that, and I'm sure I will read it again in a couple of years. The section about the decline of the Roman empire was downright scary in its similarity to the U.S.A. today.
I gave it 4 stars, but I have a distinct feeling this topic could have been made much more interesting. Somewhere between the Knights Templar's banking precedent and the airline miles industry, it all became less gripping. It also didn't help that some of the chapters ended with such an extensive summing-up that I kept thinking the book was ending. But no. So I don't know, it was maybe the dry writing style, maybe uneven interest, who knows. Still, this was interesting and comprehensive enough.
Without knowingly doing it so this book provides a depth understanding in how the technology behind bitcoin may change current markets as did the first gold coins, bank notes, paper money or credit cards. It had been a while since the last innovation in Money.
The book was written in the mid-nineties, so some of the predictions seem dated. *However* the history is very good and well worth the read. I enjoyed the breadth of the topic and the author did a nice job of organizing the work. Recommended.
That it got me thinking and expanded my knowledge of money.
Sometimes I felt I wanted to.
I would recommend since money is such an important part of our lives. Why not learn more about it!
Very good explanations. Revealing.
For 1997, this is a great history of money. I would welcome a new edition. It does not touch on the tech bubble or the sub prime crash.
I was hoping for a discussion of new digital money, like bitcoin. For "digital money", it discussed network transactions for credit cards and banking transactions.
I recommend this book for its discussions of the early history of money.
listening to it over and over again. It is packed with lot's of good fundamental information.
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