“If you’re interested in the revolutionary transformation of the meaning and use of money, this is the book to read!”—Charles R. Schwab Cultural anthropologist Jack Weatherford traces our relationship with money, from primitive man’s cowrie shells to the electronic cash card, from the markets of Timbuktu to the New York Stock Exchange. The History of Money explores how money and the myriad forms of exchange have affected humanity, and how they will continue to shape all aspects of our lives—economic, political, and personal. “A fascinating book about the force that makes the world go round—the dollars, pounds, francs, marks, bahts, ringits, kwansas, levs, biplwelles, yuans, quetzales, pa’angas, ngultrums, ouguiyas, and other 200-odd brand names that collectively make up the mysterious thing we call money.”—Los Angeles Times

A groundbreaking work that paves the way for a new, pro-activefinancial system With The Monetary System, innovative author pairingJean-Francois Serval and Jean-Pascal Tranie devise a comprehensiveeconomic modeling system that accounts for the unprecedentedsituation facing international and regional economies by developinga controversial new stance on the operation of money in society.Presenting a classification of financial instruments with a viewtoward their underlying legal structures, the book sheds new lighton the present economic and financial problems of slow growth andrising debts, and proposes possible outcomes for the globaleconomy. The authors have already gained international attention withtheir novel approach to currency, and now they turn their attentionto the social function of money in all its myriad forms. The bookprovides a way forward in an era of increased life expectancy andother new social patterns and the social role of money provides aframework for understanding intergenerationalredistribution—an urgently pressing task in our time. New aggregate financial categories and economic modeling reveala possible foundation for increased financial stability Companion website includes key mathematical models, accountingstandards, and PowerPoint slides Comprehensive theoretical underpinning presents thecontemporary model of money as a social contract Insights into the current economic situation make sense ofsovereign debt risk in markets around the world With questions and answers at the end of each chapter, TheMonetary System will help you form a new conception of the roleof money in society. Improved regulation and tax policies areneeded to stabilize the global economy, and this book provides theframework for getting there.

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