Money: Whence It Came, Where It Went

John Kenneth Galbraith

Published by Princeton University Press 2017

Money

Whence It Came, Where It Went

John Kenneth Galbraith
Preface by: James K. Galbraith

https://doi.org/10.1515/9781400889082

Overview
Contents

About this book

Money is nothing more than what is commonly exchanged for goods or services, so why has understanding it become so complicated? In Money, renowned economist John Kenneth Galbraith cuts through the confusions surrounding the subject to present a compelling and accessible account of a topic that affects us all. He tells the fascinating story of money, the key factors that shaped its development, and the lessons that can be learned from its history. He describes the creation and evolution of monetary systems and explains how finance, credit, and banks work in the global economy. Galbraith also shows that, when it comes to money, nothing is truly new—least of all inflation and fraud.

Author / Editor information

John Kenneth Galbraith (1908–2006) was one of the most influential economists of the twentieth century. He was professor of economics at Harvard University and served as U.S. ambassador to India during the Kennedy administration. He wrote more than fifty books, including American Capitalism, The Affluent Society, and The New Industrial State (Princeton).

Reviews

"Moneyremains the best introduction to the subject available. It is a classic in the history of money and finance."—Steven Pressman, editor of The Legacy of John Kenneth Galbraith

No American writer has done more to comfort the afflicted and afflict the comfortable than John Kenneth Galbraith.

"Moneyis a book of perennial importance. Galbraith demonstrates a prescient insight and keen alertness to financial volatility and rising inequality."—Richard Parker, Harvard Kennedy School

Lively.

With characteristic wit and clarity [Galbraith] suggests that while good money may indeed be driven out by the bad, it is political suicide to assume that the suckers left holding the bad will take it lying down. . . . [T]here is no more current, more judicious, or more entertaining a perspective.

Topics

Frontmatter Publicly Available Download PDF	i
CONTENTS Publicly Available Download PDF	vii
FOREWORD James K. Galbraith Requires Authentication Unlicensed Licensed Download PDF	ix
ACKNOWLEDGMENTS Requires Authentication Unlicensed Licensed Download PDF	xiii
CHAPTER 1. Money Requires Authentication Unlicensed Licensed Download PDF	1
CHAPTER 2. Of Coins and Treasure Requires Authentication Unlicensed Licensed Download PDF	8
CHAPTER 3. Banks Requires Authentication Unlicensed Licensed Download PDF	21
CHAPTER 4. The Bank Requires Authentication Unlicensed Licensed Download PDF	33
CHAPTER 5. Of Paper Requires Authentication Unlicensed Licensed Download PDF	52
CHAPTER 6. An Instrument of Revolution Requires Authentication Unlicensed Licensed Download PDF	67
CHAPTER 7. The Money War Requires Authentication Unlicensed Licensed Download PDF	78
CHAPTER 8. The Great Compromise Requires Authentication Unlicensed Licensed Download PDF	97
CHAPTER 9. The Price Requires Authentication Unlicensed Licensed Download PDF	118
CHAPTER 10. The Impeccable System Requires Authentication Unlicensed Licensed Download PDF	135
CHAPTER 11. The Fall Requires Authentication Unlicensed Licensed Download PDF	156
CHAPTER 12. The Ultimate Inflation Requires Authentication Unlicensed Licensed Download PDF	170
CHAPTER 13. The Self-Inflicted Wounds Requires Authentication Unlicensed Licensed Download PDF	190
CHAPTER 14. When the Money Stopped Requires Authentication Unlicensed Licensed Download PDF	211
CHAPTER 15. The Threat of the Impossible Requires Authentication Unlicensed Licensed Download PDF	229
CHAPTER 16. The Coming of J. M. Keynes Requires Authentication Unlicensed Licensed Download PDF	250
CHAPTER 17. War and the Next Lesson Requires Authentication Unlicensed Licensed Download PDF	272
CHAPTER 18. Good Years: The Preparation Requires Authentication Unlicensed Licensed Download PDF	293
CHAPTER 19. The New Economics at High Noon Requires Authentication Unlicensed Licensed Download PDF	310
CHAPTER 20. Where It Went Requires Authentication Unlicensed Licensed Download PDF	327
CHAPTER 21. Afterword Requires Authentication Unlicensed Licensed Download PDF	348
Index Requires Authentication Unlicensed Licensed Download PDF	361