The Evolution of Money

David Orrell and Roman Chlupatý trace the history of money from clay tablets in Mesopotamia and early coins in Greece and Rome to paper money, banking and digital currencies such as Bitcoin. They argue that money combines a real, physical aspect with a virtual one based on trust and debt, and that this dual nature explains its power and instability.

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Shane Parrish: “An illuminating overview of money, beginning in Mesopotamia and the development of coin money in early Greece and Rome and continuing through to today’s digital currencies like bitcoin. I loved the historical overview but hesitate to believe this book will help us determine money’s next transformative role”