The Origins of Money

This is based on a lecture given by Grierson in London in 1970. (Do you see a pattern? Lectures can make entertaining books.)

He was the world’s most famous numismatist (expert on coins). A professor at the University of Cambridge, UK, for seventy years (!), he spent most of his salary collecting medieval coins, donating 20,000 of them to the university’s museum—the world’s premier collection. But coins were invented around 700 B.C., while money has been around for 6000 years.

In this book he speculates on money’s origins (in Babylonian temples)—linking it to the ancient practice of Wergeld (blood money).… show more.