Money: Whence It Came, Where It Went
by John Kenneth Galbraith
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Read in March, 2007
A fascinating narrative about the history of money, mostly covering the last couple centuries, mostly in the US and Western Europe. Oddly enough this book reminded me very much of Eagleton's Introduction to Literary Criticism, probably because both work through history, pull out various ideas, and then proceed to point out everything that is wrong with them.
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Why did we believe once in gold being money and then silver and now only paper?
Why can't we simply barter?
Galbraith tells us all the answers!
Why can't we simply barter?
Galbraith tells us all the answers!
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Read in April, 2008
starting to get a hazy feel for how the fed works I think.
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