The History of Money for Understanding Economics

Vincent Lannoye

May 2022 · Vincent Lannoye

About this ebook

Money is the key to learning economics. If the monetary system is well understood, it will clarify seemingly impenetrable economic events. The History of Money for Understanding Economics is indeed the indispensable reference to decrypt economics, and it does so in an enthralling way, from antiquity to the present day, with readily accessible language. This book answers questions such as: How did money and banking appear? Why did gold coins vanish after circulating for centuries? What is inflation? What is the IMF?The History of Money for Understanding Economics also explains new interpretations of history that have underscored how monetary changes have catalyzed events from the fall of the Roman Empire to World War II and beyond. Considering such past monetary influences, Lannoye challenges the reader with a monetary innovation to speed up the economy (and finance a green economy).

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About the author

Vincent Lannoye was born in the US and grew up in Belgium in an industrial family, which sparked his curiosity to analyze and critique economics and politics. An engineer with a MBA from Edhec France, today he works in high-tech in Silicon Valley. His past, his passion for history, the lack of works explaining money and banks, and his monetary ideas, all have inspired him to write about economics.