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Money: The Unauthorised Biography

by Felix Martin

3.69 · Rating Details · 313 Ratings · 67 Reviews

What is money, and how does it work?

The conventional answer is that people once used sugar in the West Indies, tobacco in Virginia, and dried cod in Newfoundland, and that today's financial universe evolved from barter.

Unfortunately, there is a problem with this story. It's wrong. And not just wrong, but dangerous.

Money: the Unauthorised Biography unfolds a panoramic secre ...more

Hardcover, 336 pages

Published June 6th 2013 by Bodley Head

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Community Reviews

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May 22, 2014 Paul Fulcher rated it liked it

Shelves: 2014

Something of a mixed bag overall - in part because there are two books in one, a reasonably interest history of money and a rather simplistic polemic with his views on reform of the money system post the financial crisis. But overall, worth reading.

The best part is where Martin provides a highly readable account of the history of money from the earliest days, including the evolving philosophy of how people thought about money. Although given how recently it is written it was a shame to see no co Something of a mixed bag overall - in part because there are two books in one, a reasonably interest history of money and a rather simplistic polemic with his views on reform of the money system post the financial crisis. But overall, worth reading.

The best part is where Martin provides a highly readable account of the history of money from the earliest days, including the evolving philosophy of how people thought about money. Although given how recently it is written it was a shame to see no commentary on the new cyber-currencies such as Bitcoin - although he has since blogged on his views http://prod.wired.com/2014/03/bitcoin...

He successfully refutes some well-trenched myths - for example he asserts, based on anthropological evidence, that money didn't evolve out of a barter system as is commonly thought, and he makes the point that the key to money is the decentralised transfer, with an agreed recording system, of an universally accepted measure of value.

He also emphasis the importance of transferable credit as part of money supply and the key role of banks - albeit the Bank of England have recently written more cohrently about this
http://www.bankofengland.co.uk/public...

It is crucial to his theories that the choice of the economic value of money should be political not physical (he is no fan of the gold standard). But it is at this point that the history stops and the polemic starts - for example he regards central bank independence as misleading at best and dangerous at worst, and would clearly like to see government's instructing central banks to inflate away the current debt build-up.

And he ends up with the old chestnut of "narrow banking" (aka the Chicago plan) presented as if it is the magic solution to 4000 years of monetary crises.

I also found the style of the book a little grating after a while - there is too much meta-commentary including a rather annoying invented conversation with a friend (he is clearly a believer in tell them what you're going to tell them, tell 'em, and tell them you've told them).

...more

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Feb 11, 2016 Ints rated it really liked it · review of another edition

Shelves: ekonomika

Laiku pa laikam man uznāk vēlme izlasīt grāmatu, kura cenšas atbildēt uz vienu manas bērnības pamatjautājumu: “Cik maksā rublis?”. Teorijas par to ir daudz un dažādas, atbilde uz šo jautājumu nemaz nav tik vienkārša, un atkarībā no daudziem pieņēmumiem tā var variēt. Taču tādas grāmatas esmu lasījis jau daudz, un tādēļ lasīt vēl kādu par šo tēmu man paliek aizvien neinteresantāk. Taču grāmatas anotācijā bija viens apgalvojums, kas mani aizķēra.

Ja lasām par finanšu pasaules izcelsmes vēsturi, tad Laiku pa laikam man uznāk vēlme izlasīt grāmatu, kura cenšas atbildēt uz vienu manas bērnības pamatjautājumu: “Cik maksā rublis?”. Teorijas par to ir daudz un dažādas, atbilde uz šo jautājumu nemaz nav tik vienkārša, un atkarībā no daudziem pieņēmumiem tā var variēt. Taču tādas grāmatas esmu lasījis jau daudz, un tādēļ lasīt vēl kādu par šo tēmu man paliek aizvien neinteresantāk. Taču grāmatas anotācijā bija viens apgalvojums, kas mani aizķēra.

Ja lasām par finanšu pasaules izcelsmes vēsturi, tad parasti tā tiek attēlota kā naturālā saimniecība, tad barters un tad mūsdienu finanšu sistēma. Taču antropoloģiskie pētījumi un vēsture liecina, ka nauda nav radusies kā bartera sistēmas evolūcijas produkts. Grāmatā autors mēģina rast patiesību par naudu, kur tā rodas un kā tā strādā.

Grāmata pēc būtības sastāv no divām daļām. Pirmā ir nudien labi uzrakstīta naudas vēsture. Par to, kā visprimitīvākajās sabiedrībās eksistē kredītu sistēma, kas ļauj katrā brīdī noteikti otras personas maksātspēju vērtību utt. Par naudas nozīmi un būtību cilvēki galvas ir lauzījuši no aizseniem laikiem. Debates par to, kā pareizi novērst kārtējo finanšu krīzi un kā regulēt naudas apjomu nomāca gan senos romiešus, gan Ķīnas impēriju. Vēlāk, sākoties apgaismības laikmetam, Lielbritānija un Francija izmēģināja dažādas metodes sava ārējā un iekšējā parāda pārstrukturēšanai. Padomju Savienība savos pirmsākumos bija nolēmuši iet spartiešu ceļu un atteikties no naudas vispār, taču Ļeņins pārdomāja. Salīdzinoši nesen pērnā gadsimta septiņdesmitajos gados Īrijā darbinieku streiku dēļ aizklapēja ciet bankas. Domājat ekonomika tādēļ apstājās? Nē, valsts pārgāja uz vekseļiem, jo nauda jau ir tikai kredītu kontu un to klīringa mehānisma kosmētiskais elements. Tā teikt, aisberga redzamā daļa un arī ne visa. Noteikti būtu interesanti kaut kur papildus palasīt, kā pērnvasar grieķi iztika bez skaidras naudas. Šī grāmatas daļa nudien ir interesanta un vietām pat pamācoša. Līdz galam gan nenoticēju, ka Francijas pirmā pāreja uz banknotēm bija labi domāta nevis spekulācija.

Grāmatas pārējā daļā autors aizraujas ar pārspriedumiem par monetārās politikas iespēju ietekmēt ekonomiku un kā izbēgt no monetārajām krīzēm. Te nu ir jābūt dikti uzmanīgam - viņa centrālais uzstādījums ir, ka naudas vērtību nosaka politiski nevis fiziski. Tas savukārt nozīmē centrālo banku politisko kontroli, kur, teiksim, parādus ļautu noēst inflācijai pēc vajadzības, ierobežot banku naudas apjomus un dažādas citādas idejas, kuras 4’000 gadu laikā ir izmantotas ne reizi vien un nekad nav kalpojušas kā zāles pret finanšu krīzēm. Tādēļ šo sadaļu vajadzētu lasīt domājot līdzi. Piekrist vai nepiekrist autora pamatuzstādījumiem un no tiem izrietošajiem scenārijiem, paliek katra paša ziņā.

8 no 10 ballēm, vēstures sadaļa nudien ir interesanti uzrakstīta un būs saprotama cilvēkiem, kas ikdienā nesaskaras ar finanšu sistēmas apslēpto pusi. Polemika par efektīvāko monetārās politikas scenāriju ir diezgan slidens jautājums un var iepriekš nesagatavotu cilvēku paraut sev līdzi, jo viņam vienkārši pietrūkst bāzes, lai kritiski izsvēru autora apgalvojumus.
...more

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Jan 20, 2016 Muath Aziz rated it really liked it · review of another edition

Shelves: historical, economics, 2016, biography

What is money? The classical view (Aristotle and Adam Smith etc) is that in ancient time economy was Natural/Barter system where you give cow milk to the baker in exchange for bread. Then humans found out that the system was not flexible so the rare robust gold was used. This was proven to be a common misunderstanding, there have never been a Barter Economy in human history!

There is a difference between money and currency: "money is the system of credit accounts and their clearing that currency ...more

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Apr 06, 2014 Karel Baloun rated it it was amazing · review of another edition

Ends with a delightfully direct explanation for financial crises: a lack of demand, which turns into a lack of confidence in the value of business and credit. Money is just trusted credit, and pretending it is hard (specie, metals) is an easy to explain fraud, used to buttress the current power and control of those who have money.

Explains why QE^n is likely to continue, globally, until demand is adequate to enable near full employment. Technical automation and increasing productivity just add pr ...more

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Sep 20, 2013 Pete rated it liked it

Shelves: nonfiction, economics

Money : The Unauthorized biography (2013) by Felix Martin is a decent book that looks at the history of money and then goes on to make various recommendations of dubious merit.

The book starts with a contrived dialogue about what money is. Martin then goes on to describe how money is more than just a medium of exchange and the history of the use of money. When the book is looking at the historic side of money from Ancient Greece to the founding of the bank of England the book is really interesti ...more

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May 31, 2015 Todd Stockslager rated it really liked it · review of another edition

Shelves: business

Review title: Money murder mystery
Martin's expose of money may take readers by surprise. It isn't about coins and bills and inflation, although those are elements of the story. And it isn't a dry recounting of economic or fiscal theory, although the history of the theory is an element of the story.

In fact, money isn't what--or who, if we accept the conceit of Martin's subtitle--we think it is. The reason money's biography isn't about coins and bills is because bills and coins aren't money! Inste Review title: Money murder mystery
Martin's expose of money may take readers by surprise. It isn't about coins and bills and inflation, although those are elements of the story. And it isn't a dry recounting of economic or fiscal theory, although the history of the theory is an element of the story.

In fact, money isn't what--or who, if we accept the conceit of Martin's subtitle--we think it is. The reason money's biography isn't about coins and bills is because bills and coins aren't money! Instead, defines Martin, "Money is the system of credit accounts and their clearing that currency represents.". Martin's survey of the history of money and its uses in societies as diverse as classical Greece and industrial England is both surprisingly interesting and enables him to develop the theory even further.

Money is . . . a social technology composed of three fundamental elements. The first is an abstract unit of value in which money is denominated. The second is a system of accounts , which keeps track of the individuals' or the institutions' credit or debit balances as they engage in trade with one another. The third is the possibility that the original creditor in a relationship can transfer their debtor's obligation to a third party in settlement of some unrelated debt.

With this definition as his basis Martin traces.the life of money with special attention to the recent world banking crisis and the way in which the general misunderstanding of money by politicians, bankers and academic economists both helped precipitate the crisis and have prevented solutions that could address its core causes. Martin has a lively expository style that makes the history and theory both interesting and understandable to the layman. He uses the framework of a conversation with an entrepreneur and friend to organize the biography and the conversational style carries through to the end, when the friend recaps Martin's thesis and likens it more to a murder mystery than a biography.

At the center of the murder (or the "unauthorized" portion of the biography) is the incorrect definition of money as a physical standard (like the measure of length or weight) measured in a commodity like gold or silver. This error leads to a second--that the standard value of money is thus a technical and not a political or moral valuation. The solutions proposed by Martin look to address these errors in ways which both preserve economic value and provide for political solutions at address social standards of fairness and justice., that in short solve the murder and save the society that the immense promise and capability of money to provide stability and value have enabled. The stakes are high, and the story is both vital and and interesting. ...more

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Apr 06, 2015 Mal Warwick rated it really liked it

You get what you pay for with Money. Yes, this book really does tell the story of money from its origins in Mesopotamia and Greece thousands of years ago to today’s endlessly complex international economy. At times, the book is rough going. It appears to have been written by a Ph.D. in economics who may presume a little too much about the ability of the general reader to engage in the sort of mental gymnastics necessary to understand the money market. Still, the storyline is clear: this is the t You get what you pay for with Money. Yes, this book really does tell the story of money from its origins in Mesopotamia and Greece thousands of years ago to today’s endlessly complex international economy. At times, the book is rough going. It appears to have been written by a Ph.D. in economics who may presume a little too much about the ability of the general reader to engage in the sort of mental gymnastics necessary to understand the money market. Still, the storyline is clear: this is the tale of how philosophers, businesspeople, financiers, and politicians have engaged in a debate over the centuries about the nature of money — with the wrong definition emerging as orthodoxy, according to the author, Felix Martin. That misunderstanding of what money is and isn’t has had doleful consequences, he asserts — including the Great Recession sparked in 2008.

Through the ages, Martin argues, the predominant view of money is that it is a commodity — a thing like any other — used to facilitate exchange. “The problem,” Martin writes, “is that money is not really a thing at all but a social technology: a set of ideas and practices which organise what we produce and consume, and the way we live together. When it comes to money itself — rather than the tokens that represent it, the account books where people record it, or the buildings such as banks in which people administer it — there is nothing physical to look at.”

By contrast, the alternative view — the correct one, in Martin’s view — is that money is simply a form of credit, an IOU. Coins and currency are simply representations of money; so are bonds, letters of credit, commercial paper, and other financial instruments that facilitate trade today. Once upon a time (actually, before 1973, when Richard Nixon took the US off the gold standard) money was given value by precious metals, either silver or gold. This led to what Martin sees as confusion, giving kings, bankers, and the practitioners of that dismal new social science, economics, reason to believe that money possessed some objective reality quite irrespective of the parties to any financial exchange. Many policymakers today, including (I deduce) those in the (US) Republican and (UK) Conservative parties, still make that same mistake, which has led them to shrink the money supply when it should be expanded and focus on specific inflation targets when they should instead pay the most attention to providing enough credit for business to grow and consumers to buy its products. Why? Because “hoping that the market mechanism will impose limits on itself is a pipe dream.” For example, it was these mistaken policies that helped turn the Crash of 1929 into the depths of the Depression.

Although much of Money relates the intellectual back-and-forth among philosophers, economists, and politicians, Martin manages to lift the discussion well above the level of an economics textbook by bringing to life the circumstances and ideas of the principal debaters. Among the stars in Money are familiar 20th- and 21st-century figures such as John Maynard Keynes, Milton Friedman, and Lawrence Summers. However, Aristotle, Plato, Adam Smith, John Locke, John Stuart Mill, Walter Bagehot, and other influential thinkers from the past join the cast, too. Martin pays special attention to Locke and Bagehot, who represented opposing poles in the debate about the nature of money.

Much of Money is devoted to answering a question posed by Queen Elizabeth II to the faculty of the London School of Economics just seven weeks after Lehman Brothers had collapsed and sent the world economy into a tailspin: “why had none of them seen the crisis coming?” The answer they gave half a year later was “that nobody had seen the big picture: that whilst ‘[i]ndividual risks may rightly have been viewed as small . . . the risk to the system as a whole was vast.'” But Martin regards Alan Greenspan’s answer in testimony before the US Congress as far more satisfactory: “He did not deny that his job had been precisely to understand how the economy worked as a whole. The problem was, he explained with admirable honesty, that his understanding had simply been wrong.”

Felix Martin knows whereof he writes. He describes himself as a macroeconomist and bond investor, who happens to have a Ph.D. in Economics from Oxford University. Money is his first book.
...more

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Sep 15, 2014 Mark rated it really liked it · review of another edition

Maybe like a lot of other people, the global subprime mortgage crisis triggered in me a desire to learn more about economics. Called "the dismal science" for a good reason, it's also hugely important in our lives. After some earlier reading I'd already learned to think of money as human cooperation, rather than anything tangible such as gold. This author prefers to define it as transferable credit, which is probably more accurate (economically), but shows why no one likes economists. :-) Isn't t ...more

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Apr 09, 2014 Sean Goh rated it liked it

Boring bits here and there, but its interesting to read about various historical crisis, and how the idea of money evolved from credit to commodity.

Currency itself is not money. Money is the system of accounts and their clearing that currency represents.

The closer an institution is to our daily lives, the harder it is to step outside and analyse it. Like a fish who does not know what is water.

Money requires three components. A universally applicable unit of value, a system of accounts to keep tr ...more

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Aug 03, 2015 Carol rated it liked it

Shelves: business-pf

According to the author, Felix Martin, only a fraction of money has any actual physical existence, 10% in the U.S.'s case. The rest of it being digital account balances.
Martin asks the reader to think of money as transferable IOUs (transferable credits), the lifeblood of this system being trust, trust that the IOUs will be honored. The book gives an interesting overview of the history and evolution of money. Martin eventually ends up with a lengthy discussion on the 2008 credit crisis and some i ...more

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Oct 30, 2014 Stven rated it liked it · review of another edition

Recommended to Stven by: library

Lots of interesting info about the historical origins of the human habit of money -- probably not what you think -- and the rise and fall of numerous systems throughout the ages. (Did you realize that the story of King Midas came from a society which had only recently started using money at all? I didn't.) If the line of thought were just a bit easier to follow -- maybe even if he just hadn't wrapped the book up with an entire chapter of faux Socratic dialog with an imaginary friend -- I'd have ...more

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Mar 02, 2015 Douglas Tatelman rated it it was amazing

Economists don't even know what money is. This book will open your mind to a rich world of money theory, philosophy and reality.
In places it is dense like a textbook, but well worth reading if you want to truly understand the amazing world we have created with this virtual medium of human exchange.

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Jun 05, 2015 Christopher Lewis Kozoriz rated it it was ok

Shelves: books-by-millionaires, financial-visions

"It is not the sovereign that controls the money...it is you." ~ Felix Martin, The Unauthorized biography, Audio Program

Listened to this book in audio format and finished it up today while working out at the gym. I guess I was expecting something different when I took this audio book off the shelf to listen to. I was expecting Felix Martin, who is a multi-millionaire, to discuss how to make money; however, in this book, it was basically a history of how money came to be. He starts off talking ab ...more

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Aug 27, 2014 Jonny99 rated it it was ok

What it would be like if the Felix Unger character from the play and television show wrote a book. Felix Martin is very high brow. In case you failed to recognize just how well-read the man is he sets out to strenuously prove it here. The book quotes Latin expressions by the score. It covers all the major classical societies (Greek, Roman, etc.) and their philosophies whether or not they have any connection to the topic of money. It discourses on any topic that strikes his fancy because hewing t ...more

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Sep 16, 2015 Aziz Alkattan rated it liked it · review of another edition

Shelves: history, non-fiction

let me start off by saying I am NOT an economist. I'm a doctor, which means I know very little about money. but, I really enjoyed this book. The first chapter left me awestruck, & I couldn't stop talking about it with all my friends, and basically anyone I bumped into. After that, the book became a little boring, and a little too much jargon was used, more suitable for people in the field. the last chapter however was very entertaining. it basically summarized the entire book in the form of ...more

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Aug 11, 2014 Raghu rated it really liked it

Wrote three paragraphs, and just one accidental click outside of this box results in the loss of the entire review! Boohoohoo...

Now, can just say, MUST READ...

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Mar 07, 2016 Piritta rated it liked it · review of another edition

The book was quite interesting in the beginning and I got some ideas regarding money that I hadn't thought of before. too soon the book turned into a monologue of money's and monetary policy's history, which went on and on and on. The last chapter highlights the monotone most of the book by getting the author to review the entire book in a conversation with his "friend" and that was irritating. I'm giving three stars because I did learn something new, and that saves a lot. I'm not saying the aut ...more

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Sep 02, 2014 Ben Vanerica added it

Shelves: tumblr

Perhaps the main theme in this theme-rich book is that money is a social technology with a rich and varied history. The way money is created and used has a huge impact on human behavior and thinking. I think the evidence and the arguments in this book are quite convincing. Money is much more than a way to pay for things. Conventional views certainly miss a lot of the significance of money. At the very least, this book makes you think about money as a system that can be changed because, indeed, i ...more

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Nov 17, 2013 Jo rated it liked it

Maybe I was a little harsh on this book, having just finished David Graeber's excellent Debt, The First 5,000 Years, which has a few overlapping themes. Martin doesn't quite have Graeber's knack for making the water visible to the fish who swim around in it. But this is still an engaging and sometimes captivating account of a potentially dull and inaccessible subject.

I most enjoyed the early chapters (about the origins and conceptual prerequisites of money) and the later chapters (about the shif ...more

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Dec 07, 2013 Andrew rated it liked it · review of another edition

Three stars for a book in three parts: an insightful and well-told beginning; a somewhat mushy middle; and an end that returns to strength.

Though perhaps I'm being a bit hard about the middle. I read this on long commutes during a particularly tiring few weeks and admit to nodding off a couple times - more due to the swaying subway than the book. Nevertheless, the narrative direction of the middle was always a bit vague. And while I know Churchill said to repeat a point until your listener agree ...more

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Oct 02, 2014 Ben rated it it was ok · review of another edition

This book was really all over the map and the author couldn't seem to decide whether to be metaphysical, philosophical, economic, historical, pragmatic, or anecdotal in his view of what makes money money. There were some interesting points, but it reminded me of too many grad school lectures where the professor was more concerned about sounding knowledgeable and important than distilling that knowledge into meaningful takeaways.

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Jan 02, 2015 Anne rated it it was ok

Entertaining and informative, but definitely not for the uninitiated.

As someone who only just began to have an interest in economics and finance, this book is really hard to go through. I constantly felt like I was reading a math proof where many steps were skipped, leaving me unable to follow the logic of the proof. A number of concepts, from key terms like "seigniorage" to "banksters" (which google informed me is a portmanteau of "banker" and "ganster") are not explained adequately for me.

Over ...more

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Mar 24, 2016 Cary Hillebrand rated it liked it · review of another edition

Money! You know, the stuff that makes the world go around. AKA the root of all evil. How can a detailed view of this fundamental aspect of the "dismal science" possibly be interesting let alone fascinating? Let Felix Martin enlighten you as he guides you along the way from its humble beginnings to where it is headed, with fascinating side trips such as the famous immovable stones of the island of Yap.

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Mar 26, 2014 Mike Dusch rated it it was ok

The first few chapters provide a fascinating account of the history and philosophy of money. However, the later chapters loose a lot of momentum and become increasingly esoteric and jargonized. Take, for example this impenetrable sentences, "It is nothing more than ensuring the synchronization, in the aggregate, of incoming and outgoing payments due on his assets and liabilities-which are themselves, of course, the aggregated liabilities and assets of all his borrowers and creditors".

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Jul 29, 2015 Søren Mors rated it it was amazing · review of another edition

A very interesting take on what money is, and isn't. And how the views on the question have changed over time.

The author offers a very compelling argument that the interesting property of money is not the physical manifestation in the form of coins (or bits in a computer), but the balances of transferrals that they do represent.

Highly recommended.

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May 24, 2015 Jerome Baladad rated it really liked it · review of another edition

If you're looking to know more about the history of money as a standard of giving value to what we have here and there, this is a good book to read. It's a well indexed reference book especially for those who have just started reading on economics, trade and business. Content can be challenging to some who have no business or economic background whatsoever. Some topics can be very technical. But those with interest in history can discover that navigating this book to be fascinating and useful.

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Sep 01, 2013 Kevin Lallah rated it really liked it

Shelves:

I bought this book with trepidation on the notion, that I thought the subject matter would sizzle my brains. How wrong I was. I’ve given this book 4 stars simply because I think this book was written for the lay person in mind. The book covers money regarding: its conception in Greek society, the way it’s been viewed and used over the centuries, the creation of credit markets and how contemporary economics and finance don’t seem to be as entwined as I thought.
There were the odd few pages which l ...more

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Jan 21, 2014 Andrew Smith rated it really liked it

This is a terrific book, which has the twin benefits of being very well-written and harbouring an unexpected thesis, which pretty much turns most of our assumptions about the nature of money on their head. It contains plenty of anecdotes with which to delight and surprise your friends and is genuinely enlightening and entertaining for the non-economist. It gets a little repetitive in places as said thesis is fleshed out, but overall it succeeds brilliantly, I think.

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Oct 09, 2014 Karin rated it really liked it

This book goes off in some interesting directions that I never expected. Best read in short spurts, there's a lot of information to take in here. Not convinced of his conclusion totally at the end, but it taught me a lot about history and gave me a lot to think about regarding monetary policy. I'll have to read David Graeber's book ASAP so I can compare/contrast!

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Feb 15, 2015 John Grange rated it liked it · review of another edition

I've read a number of books on the history and nature of money and debt so this works appealed to me. The structure and flow of the narrative was good but I found Mr Martin's writing style to be difficult at times. It also helps that I'm in agreement with the premise that today's conventional wisdom mischaracterizes the nature of money and that money is a social not physical technology. He also admonishes modern, myopic, monetary policy of inflation targeting which, in my view, does little to pr ...more

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Quotes from Money: The Unauth...

“An IOU which remains for ever a contract between just two parties is nothing more than a loan. It is credit, but it is not money. It is when that IOU can be passed on to a third party—when it is able to be “negotiated” or “endorsed,” in the financial jargon—that credit comes to life and starts to serve as money. Money, in other words, is not just credit—but transferable credit.” — 0 likes

“For a century or more, the “civilized” world regarded as a manifestation of its wealth metal dug from deep in the ground, refined at great labor, and transported great distances to be buried again in elaborate vaults deep under the ground,” — 0 likes

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title link	preview: Money: The Unauthorised Biography
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BBCode	[url=http://www.goodreads.com/book/show/17307317-money?utm_medium=api&utm_source=blog_book][img]http://d.gr-assets.com/books/1365924586l/17307317.jpg[/img][/url] [url=http://www.goodreads.com/book/show/17307317-money?utm_medium=api&utm_source=blog_book]Money: The Unauthorised Biography by Felix Martin[/url]

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