Today, most money is credit money, created by commercial banks. While credit can finance innovation, excessive credit can lead to boom/bust cycles, such as the
“If you’re interested in the revolutionary transformation of the meaning and use of money, this is the book to read!”—Charles R. Schwab Cultural anthrop
Modern monetary economics has been significantly influenced by the knowledge and insight brought to the field by the work of Anna J. Schwartz, an economist whos
This book covers the history of money and finance. It is the result of fifteen years of research by the author, Alexander Del Mar, in great libraries and coin c