Money : the true story of a made-up thing
(Book)

Includes bibliographical references (pages 229-242) and index.

Booklist Starred Reviews

Booklist,,September 01, 2020

Kirkus Reviews,,July 15, 2020

New York Times Book Review,,October 11, 2020

"What is money anyway, and where and why did it originate? According to Jacob Goldstein, this made-up thing has evolved over centuries and takes different forms based on technological advances, the needs of society, and often the crazy ideas of outliers on the fringes. Told through witty, historical anecdotes, Goldstein demystifies this ever-evolving tool from the invention of the first coins in Mesopotamia, to how China invented paper money centuries before it appeared in the west, how at one point in Sweden men carried giant "coins" on their backs to pay for goods, to the gold standard, pound sterling, origins of the Euro, mutual funds, bitcoin and a cashless society. Money presents entertaining tales of fascinating characters who fundamentally changed our monetary systems such as Genghis Khan, John Law, a convicted murderer and professional gambler, the Luddites, and the anarchist cyberpunks who created bitcoin. Through these major movements we see the rise and fall of various financial institutions: central banks, the stock market, the Federal Reserve, and the shadow institutions like Lehman Brothers that helped create the financial crisis of 2008..."--,Provided by publisher.