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    Cover of MAKING MONEY

    MAKING MONEY

    Christine Desan · 2015

    Economics & Finance
    Open LibraryAmazon
    Stats for nerds
    2recommend
    2mentions
    2people
    2017–2020years
    100% recommend

    Mentions per year

    2017201820192020

    What Hacker News says

    1. danidiazMar 2020
      I'm not knowledgeable enough to properly recommend a book on the subject so take this with a grain of salt, but I thought the historical (and opinionated) overview of the evolution of English money in Christine Desan's "Making Money: Coin, Currency, and the Coming of Capitalism" was interesting https://www.goodreads.com/book/show/21492062-making-money

      I like this quote about how financial institutions evolved:

      "It happened improvisationally, indeed probably unintentionally. Participants solved one problem and created others; they reacted as often as they acted affirmatively; they moved by experience and intuition, without an overarching theory; and the whole affair took decades, involved many different actors, and coheres largely in retrospect."

      thread
    2. RobertoGApr 2017
      Of course, you are right that it depends on how you define money.

      Money as debt, that I would argue is the modern conception of money, as opposite to an asset (like cigarettes in a prisoners camp or gold), comes from the state.

      For examples of this I would recommend the book "Making Money: Coin, Currency, and the Coming of Capitalism" by Christine Desan.

      Also, accounting (and maybe even numbers and writing!) were invented initially as a way as registering debt in Mesopotamia by what today we would call 'the state'

      >> It's the idea that markets know what is better for us what many reject. >"I don't understand who is making that argument."

      I don't understand what you say here. Maybe I misunderstand, but it's not the whole point that markets deliver better solutions for everybody that any kind of central planning?

      I'm not sure how what I mean for 'us' is difficult to grasp. Human societies?

      thread

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