I'm interested in reading a guide explaining milestone by milestone how we went from paying for things simply be exchanging objects of interests to putting money in banks to investing money in stock market. What is inflation? Why 1$ now is a fraction of what it was years ago? Why 1$ is not equal 1euro? Basic things like that
I want to understand even briefly how the modern world is structured and I figured a good way to do it would be to see step by step the changes that happened from the most simple transactions to what's happening now
Is there a book that provides answers to those questions in a way that won't make me go ?
This sxn so dead pls @ me if you reply bc there's a chance I'll forget this exists b4 any one responds
@op I would ask politics sxn. I'm not sure if anyone would be able to suggest anything, but politics and economics are intertwined so it's possible.
This sxn so dead pls @ me if you reply bc there's a chance I'll forget this exists b4 any one responds
Sorry for the double tag my previous post was about a book that talks about managing money not the history of it.
Ok this is more along the lines of what you looking for
The Ascent of Money - Financial History of the World by Niall Ferguson
follows the money to tell the human story behind the evolution of our financial system, from its genesis in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. What's more, Ferguson reveals financial history as the essential backstory behind all history, arguing that the evolution of credit and debt was as important as any technological innovation in the rise of civilization
Sorry for the double tag my previous post was about a book that talks about managing money not the history of it.
Ok this is more along the lines of what you looking for
The Ascent of Money - Financial History of the World by Niall Ferguson
follows the money to tell the human story behind the evolution of our financial system, from its genesis in ancient Mesopotamia to the latest upheavals on what he calls Planet Finance. What's more, Ferguson reveals financial history as the essential backstory behind all history, arguing that the evolution of credit and debt was as important as any technological innovation in the rise of civilization
GREAT!
Thank you! I've seen it posted in other places on the net when I was doing my research
I'm deffo reading it!
This sxn so dead pls @ me if you reply bc there's a chance I'll forget this exists b4 any one responds
maybe this for a more 'contemporary' angle?
GREAT!
Thank you! I've seen it posted in other places on the net when I was doing my research
I'm deffo reading it!
a brief history of mankind by yuval harari
i dont agree with everything he says, but stlll a very intresting book.
I'm interested in reading a guide explaining milestone by milestone how we went from paying for things simply be exchanging objects of interests to putting money in banks to investing money in stock market. What is inflation? Why 1$ now is a fraction of what it was years ago? Why 1$ is not equal 1euro? Basic things like that
I want to understand even briefly how the modern world is structured and I figured a good way to do it would be to see step by step the changes that happened from the most simple transactions to what's happening now
Is there a book that provides answers to those questions in a way that won't make me go ?
Just had a course on the history of economic thought at uni, maybe you could try the textbook by Brue and Grant. I think it covers pretty well what you are searching for, it focuses on how economics as we know it was formed basically. @op
@op not a book but look up Raoul Pal breh is a macro legend and an economic storytelling savant. wont start necessarily with bartering but he'll give you easy to understand great insight on the evolution of money and finance from the late 1800s decline of the english empire, the world wars and ensuing curreny debasement, demographic boom, demand shock, thatcher, debt slavery, credit boom to its current state
Used to be that “currency” were long rods or sticks, then the first coin dropped in Lydia and the rest is history