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Follow The Money: The Money Trail Through History

4.33  ·  Rating details ·  9 ratings  ·  7 reviews
Follow the Money is based on a startling insight: there are three different forms of money, not just one; and the form of money a society implements determines the kind of society it will be, and what’s more, how it will think. For money is not neutral. It is a product of human artifice, the particular expression of a particular society, that at the same time determines th ...more
Paperback, 214 pages
Published January 24th 2013 by WordBridge Publishing
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Vidya Tiru
May 05, 2015 rated it really liked it  ·  review of another edition
For an informative and quick look into the history and influence of money, how it came to be and how it has always impacted us from time immemorial, from the ancient civilizations in Babylon to Wall Street and today's global economy - this book has it all.
Thanks to NetGalley for providing a copy in exchange of an honest review
Brad Belschner
Jun 13, 2017 rated it really liked it  ·  review of another edition
Shelves: economics
I think of this as a sweeping historical survey of the Credit Theory of Money. There are rich insights here, and I'll have to read it again. Five stars on that front. However, the book can also be pretty impenetrable at times (hence my needing to read it again). It definitely needs more input from an editor: mostly to simplify or expand the complicated bits, and to a lesser extent to reduce errors of a typographical or stylistic nature. Three stars on that front. So, an averaged weighting of fou ...more
Aaron Ventura
Feb 17, 2021 rated it really liked it  ·  review of another edition
I have never read anything quite like this as it spans the history of money from ancient Babylon down to the present day. Alvarado is persuasive in his arguments against a gold standard and I find myself agreeing with him more and more. Despite being a short book (under 200 pages), the content is challenging and needs re-reading (or re-editing). Highly recommend.
Sep 20, 2016 rated it it was amazing  ·  review of another edition
This is definitely an everything book, a book that spans all of history and tries to fit it in one suitcase. It probably is not right, but who cares. It's young and bold and free-hearted. The short thesis is: the Gold Standard is wrong. Gold is in fact not liquid enough to serve as currency, and now banks can basically create credit on assets. The market should be free so bankers can do this and they should stop relying on fractional reserve banking. Of course the writing is VERY difficult and I ...more
Apr 01, 2013 rated it really liked it  ·  review of another edition
I've been wanting to start reading about finance and economy for a while so when this came up on NetGalley I couldn't miss the oportunity.

Ruben Alvarado takes the reader on a trip through our history, from the first trades to the creation of money as we know it today. It was really interesting to read his analysis of multiple moments of our civilization intertwining them with what happened with the money at the same time, from the material it was made of, its scarcity or abundance, its internati
patrick Lorelli
Aug 12, 2013 rated it it was amazing  ·  review of another edition
Shelves: history-world
A very good book about the history of money. He begins with Babylon and the use of bronze for there coins. Over the course of time you come to the Greeks, they were still using coins but they started banks. Then the Romans who started using gold and silver coins. They also had banks but came up with a central bank to fund the works, army, roads etc. He then starts moving into the time of England and France. How they went to silver coins due to two big mines in Europe. Spain comes in and finds go ...more
Matt Carpenter
May 25, 2016 rated it really liked it  ·  review of another edition
Shelves: economics, history
I was surprised at how much I gleaned from this book. The author does a good job in establishing how money has been used throughout history. It begins with the ancients, follows the Assyrians and Babylonians, to the Persians, Greeks, Romans, and on down to the feudal system of Europe until today. Special attention is given to the United States, as it has been the primary financial powerhouse of the world since WWI. The interesting figure in the book is the economist James Steuart, whose views of ...more
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