Glyn Davies. Published by the University of Wales Press. 1997 PB edition with revisions and postscript. xx + 715 pages. 150 x 234mm. ISBN 0708313515 Cover has slight signs of handling, otherwise internally, a very good clean copy.
This is a readable account of the history of money from ancient times to the present day and the importance of money in both everyday and business life.
There is even a discussion of the disappearance and re-emergence of coined money in the Dark ages of medieval Britain. It looks at the expansion of trade and finance in Britain and Europe between 1485 and 1650, and an analysis of the growth of the British banking system down to the monetary controversies of the twentieth century. A discussion of the monetary development of the United States of America provides a considerable contrast as we look at the move from wampum to world power in less than two centuries. Some of the salient features of money and banking in continental Europe and Japan are outlined, as are 'colonial' money systems, the rise of indigenous banking in the Third World and the problems of international indebtedness.
On its publication in 1994, 'A History of Money' was named by the American Libraries
Association as an 'Outstanding Academic Book'. This revised, paperback edition brings the story fully up to date, with notes on the Barings crisis, an overview of inflation, and some predictions on the future of coins in an increasingly cashless society.
Banking World described it as 'An erudite, well researched and comprehensive book.'
Glyn Davies is an Emeritus Professor of the University of Wales and Economic Adviser to
Julian Hodge Bank Ltd.
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