Easy Money: American Puritans and the Invention of Modern Currency - Markets and Governments in Economic History - Dror Goldberg - Books - The University of Chicago Press - 9780226825106 - March 29, 2023
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Dror Goldberg
Easy Money: American Puritans and the Invention of Modern Currency - Markets and Governments in Economic History

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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.
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296 pages, 6 halftones, 14 line drawings, 1 tables

Media Books     Hardcover Book   (Book with hard spine and cover)
Released March 29, 2023
ISBN13 9780226825106
Publishers The University of Chicago Press
Pages 360
Dimensions 238 × 161 × 29 mm   ·   635 g
Language English  

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