MAKING MONEY
COIN, CURRENCY AND THE COMING OF CAPITALISM
by Christine Desan · first published 2015
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…debt, that I would argue is the modern conception of money, as opposite to an asset (like cigarettes in a prisoners camp or gold), comes from the state. For examples of this I would recommend the book "Making Money: Coin, Currency, and the Coming of Capitalism" by Christine Desan. Also, accounting (and maybe even numbers and writing!) were invented initially as a way as registering debt in Mesopotamia by what today…
on “Friedrich Hayek and the Collective Brain” ↗…knowledgeable enough to properly recommend a book on the subject so take this with a grain of salt, but I thought the historical (and opinionated) overview of the evolution of English money in Christine Desan's "Making Money: Coin, Currency, and the Coming of Capitalism" was interesting https://www.goodreads.com/book/show/21492062-making-money I like this quote about how financial institutions evolved: "It happened improvisationally,…
on “Ask HN: Book recommendations for understanding financial systems?” ↗