Money did originate from the state, no matter how many times contemporary monetary theorists might claim otherwise.

This month China’s central bank revealed that its digital currency, the e-CNY, had been used for 7trn-yuan-worth of transactions in its short life—an amount equivalent to almost $1trn. China is not ...

Now here is a book. It instructs and provokes and entertains. Even its mistakes are worthwhile. The secret of “The History of Money” is in the subtitle: “a story of humanity.” For David McWilliams, an ...

Two of the most commonly accepted theories for the origin of money are the commodity theory and the chartalist theory. Both have drawbacks, but in recent years, the chartalist theory has gained much ...

When we picture the history of money, many imagine barter leading naturally to coins, then paper bills, then cards and digital balances. But new research led by University at Albany Anthropology ...

AI, like money before it, is fundamentally a coordination technology that's reorganizing society, but unlike money's gradual evolution with institutional safeguards built through centuries of struggle ...

Learned, lively and often irreverent, David McWilliams’s “The History of Money” is rich with surprising details about currency, then and now. By Alexandra Jacobs When you purchase an independently ...

Find out the reason for humans inventing money. Before coins and cash, people traded cows, rice, salt, and shells. This short video explains the origin of money, the barter system, and how a simple ...

The evolution of money is intricately tied to major developments in politics, science, and art, according to this insightful history. Economist McWilliams (The Pope’s Children) begins in ancient ...