History of Money: From Ancient Times to the Present Day

Overview

This is a straight-forward, readable account, written with the minimum of jargon, of the central importance of money in the ordinary business of the life of different peoples throughout the ages from ancient times to the present day. 

First published in hardback in 1994 and selected by the American Libraries Association as an Outstanding Academic Book. This revised and updated paperback edition also deals with the Barings crisis and the report by the Bank of England on ...

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Overview

This is a straight-forward, readable account, written with the minimum of jargon, of the central importance of money in the ordinary business of the life of different peoples throughout the ages from ancient times to the present day. 

First published in hardback in 1994 and selected by the American Libraries Association as an Outstanding Academic Book. This revised and updated paperback edition also deals with the Barings crisis and the report by the Bank of England on Barings Bank; up-to-date information on the state of Japanese banking; changes in the financial scene in the US; the UK housing market and the problem of negative equity. The paradox of why more coins than ever before are required in an increasingly cashless society is clearly explained, as is the role of the new Euro' coin as the lowest common denominator in Europe's controversial single currency system. The final section provides evidence to suggest that for most of the world's richer countries the era of persistent inflation may well be at an end.

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Editorial Reviews

Choice
“This work of monumental proportions is both well conceived and executed . . . Davies writes with a sparkling wit, and his prose is elegant and flowing. This book is a total success. Both undergraduate and graduate students can learn much from this excellent work, which will be useful to economists, political scientists, and even anthropologists.” –Choice
Banking World
“If you want a chronological history of money, here it is. If the development of banking is required, that is available. And if you want to worry about the exploding world population, the book provides some interesting theories . . .” –Banking World
Financial Times
“. . . highly readable . . .” –Financial Times
Economic Journal
“. . . a thoroughly good read . . .” –Economic Journal
World Money Laundering Report
“. . . a masterful examination . . . It’s a helter-skelter ride through history, swooping and touching on civilization and how they did business, funded their treasuries and paid their servants including armies . . .” –World Money Laundering Report
Sacra Moneta
“. . . if you are a numismatist looking for a book that will explain the economy then this is it. I would not have been disappointed at £45 . . . all I can say is Highly recommended.” —Sacra Moneta
Choice
“This work of monumental proportions is both well conceived and executed . . . Davies writes with a sparkling wit, and his prose is elegant and flowing. This book is a total success. Both undergraduate and graduate students can learn much from this excellent work, which will be useful to economists, political scientists, and even anthropologists.” –Choice
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Product Details

  • ISBN-13: 9780708317174
  • Publisher: University of Wales Press
  • Publication date: 11/28/2002
  • Series: CYMRU-Contemporary German Writers Ser.
  • Edition number: 2
  • Pages: 750
  • Product dimensions: 6.00 (w) x 9.10 (h) x 1.30 (d)

Table of Contents

Foreword
Dedication
Acknowledgements
Preface to the third edition
 
1     THE NATURE AND ORIGINS OF MONEY AND BARTER
 
2     FROM PRIMITIVE AND ANCIENT MONEY TO THE INVENTION 
       OF COINAGE, 3000-600 BC
 
3     THE DEVELOPMENT OF GREEK AND ROMAN MONEY, 600 BC-
       AD 400
 
4     THE PENNY AND THE POUND IN MEDIEVAL EUROPEAN
       MONEY, 410-1485
 
5     THE EXPANSION OF TRADE AND FINANCE, 1485-1640
 
6     THE BIRTH AND EARLY GROWTH OF BRITISH BANKING, 1640-
       1789
 
7     THE ASCENDANCY OF STERLING, 1789-1914
 
8     BRITISH MONETARY DEVELOPMENT IN THE TWENTIETH
       CENTURY
 
9     AMERICAN MONETARY DEVELOPMENT SINCE 1700 457-548
 
10    ASPECTS OF MONETARY DEVELOPMENT IN EUROPE AND 
        JAPAN
 
11    THIRD WORLD MONEY AND DEBT IN THE TWENTIETH
        CENTURY
 
12    GLOBAL MONEY IN HISTORICAL PERSPECTIVE
 
13    FURTHER TOWARDS A GLOBAL CURRENCY
 
The epoch-making euro
More coins in an increasingly cashless society
The paradox of coin: rising production - falling significance
Speculation and the Tobin Tax
The end of inflation?
 
Bibliography
Index

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