Easy Money

Name: Easy Money
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SKU: 9780226825106
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American Puritans and the Invention of Modern Currency

By Dror Goldberg

Series: Markets and Governments in Economic History

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4.09

( 11 ratings, 3 reviews)

Summary

Easy Money unfolds the story of the American invention of modern money, tracing its origins to seventeenth-century Massachusetts. As the colony grew financially and politically, it shifted currency from precious metals to state-backed taxation. Dror Goldberg masterfully entwines economics, law, and history to reveal how this colonial innovation laid the foundation for today's global monetary systems, showing that monetarily, we all share a Massachusetts heritage.
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Format: Hardback

$104⁹⁹

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Easy Money

$104⁹⁹

Book Hero Magic created this recommendation. While it's new and still learning, it may not be perfect - your feedback is welcome! IS THIS YOUR NEXT READ?

This book is ideal for readers interested in economic history, monetary theory, and American colonial history. It suits both academic audiences and informed general readers seeking a clear, compelling exploration of how modern money systems originated.

Description

A sweeping history of the American invention of modern money.

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.

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.

Easy Money 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, Easy Money is a new touchstone in the story of monetary systems.

Series: Markets and Governments in Economic History

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Book Hero Magic summarised reviews for this book. While it's new and still learning, it may not be perfect - your feedback is welcome! HOW HAS THIS BEEN REVIEWED?

Easy Money has been praised for its engaging, jargon-free narrative accessible to both scholars and general readers. The Wall Street Journal highlights it as a groundbreaking, engrossing account of a vital yet overlooked financial origin. Choice calls it lucid and essential, while EH.Net commends its major contribution to monetary history, appealing to economic historians and broader audiences alike. The book offers deep insights by linking seventeenth-century events to modern monetary concepts.

Book Details

INFORMATION

ISBN: 9780226825106

Publisher: The University of Chicago Press

Format: Hardback

Date Published: 29 March 2023

Country: United States

Imprint: University of Chicago Press

Illustration: 6 halftones, 14 line drawings, 1 tables

Audience: Professional and scholarly

DIMENSIONS

Spine width: 36.0mm

Width: 152.0mm

Height: 229.0mm

Weight: 653g

Pages: 360

Collections

American & Canadian History Dror Goldberg Education & Reference Finance & Economics Finance & Investment History & Archaeology History & Military Non-Fiction Series: Markets and Governments in Economic History

About the Author

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

Easy Money