The History of Money for Understanding EconomicsMoney is the key to learning economics. If the monetary system is well understood, it will clarify seemingly impenetrable economic events. The History of Money for Understanding Economics is indeed the indispensable reference to decrypt economics, and it does so in an enthralling way, from antiquity to the present day, with readily accessible language. This book answers questions such as: How did money and banking appear? Why did gold coins vanish after circulating for centuries? What is inflation? What is the IMF? The History of Money for Understanding Economics also explains new interpretations of history that have underscored how monetary changes have catalyzed events from the fall of the Roman Empire to World War II and beyond. Considering such past monetary influences, Lannoye challenges the reader with a monetary innovation to speed up the economy (and finance a green economy). |
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accepted accounts antiquity authorities banknotes bills bimetallic black market bonds Central Banks century circulation coinage compared competition convertibility corporations countries created creation crisis currency debt deficit deflation demand deposits discount dollars economy Empire England Europe European excess exchange exchange rates explained face fact Federal Federal Funds Rate Finally foreign France Funds gold coins granted green-market growth hands Historical housing Illustration incomes increase Industrial inflation interest interest rates intermediate-commodities investments issued Italy lack later limited loans lower measures merchants metal monetary multiplication notes paid payments political pounds private banks production profit purchase quantity ratio reason regular reserves rise Roman salt savings sell shares silver and gold silver coins spending Standard taxation token coins trade transactions Treasury unemployment volume wages weight workers
Bibliographic information
| Title | The History of Money for Understanding Economics |
| Author | Vincent Lannoye |
| Publisher | Vincent Lannoye, 2020 |
| ISBN | 1507845901, 9781507845905 |
| Length | 502 pages |
| Subjects | › › Business & Economics / Banks & Banking Business & Economics / Economic History Business & Economics / Economics / Macroeconomics Business & Economics / Money & Monetary Policy History / General History / World |
| Export Citation | BiBTeX EndNote RefMan |