32 books like The Origins of Money

By Philip Grierson,

Here are 32 books that The Origins of Money fans have personally recommended if you like The Origins of Money. Shepherd is a community of 12,000+ authors and super readers sharing their favorite books with the world.

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Book cover of The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy

L. Randall Wray Author Of Making Money Work for Us: How MMT Can Save America

From my list on helping you understand how money really works.

Why am I passionate about this?

I’ve been studying money since the early 1980s, when my dissertation advisor—the late and great Hyman Minsky—warned me not to do “Genesis”, origins stories of money. But I couldn't resist. I'm one of the founders of Modern Money Theory (MMT), an approach developed over the past three decades that has garnered tens of thousands of followers and earned the hatred of the elite. And, yet, those who know how money really works—or who embrace public policy pursuing the public interest (Bernie Sanders, Alexandria Ocasio-Cortez), and even central bankers—have admitted that government cannot run out of money. I’ve written hundreds of academic papers, more blogs, many books, and given hundreds of interviews presenting the MMT alternative.

L.'s book list on helping you understand how money really works

L. Randall Wray Why did L. love this book?

This one’s by a member of the home team—a former student, colleague, collaborator, and fellow MMT conspirator.

Kelton was an advisor to Bernie Sanders, served as chief economist for the Senate Budget Committee, and is a frequent guest on all the important media outlets. She explains the basics of MMT and why they are important—especially right now as Congress is hog-tied trying to figure out what to do to prevent Uncle Sam from defaulting as we broach the debt limit.

Read this book and you’ll never again confuse Uncle Sam’s budget with your own. You can run out of money! Uncle Sam cannot. Uncle Sam’s budget deficit puts money in your pocket! His debt is your asset!

If you are worried about the government’s deficit and debt, take a deep breath, and read this book now 

By Stephanie Kelton,

Why should I read it?

3 authors picked The Deficit Myth as one of their favorite books, and they share why you should read it.

What is this book about?

THE INTERNATIONAL BESTSELLER

'Kelton has succeeded in instigating a round of heretical questioning, essential for a post-Covid-19 world, where the pantheon of economic gods will have to be reconfigured' Guardian

'Stephanie Kelton is an indispensable source of moral clarity ... the truths that she teaches about money, debt, and deficits give us the tools we desperately need to build a safe future for all' Naomi Klein

'Game-changing ... Read it!' Mariana Mazzucato

'A rock star in her field' The Times

'This book is going to be influential' Financial Times

'Convincingly overturns conventional wisdom' New York Times

Supporting the economy, paying…


Book cover of The General Theory of Employment, Interest, and Money

L. Randall Wray Author Of Making Money Work for Us: How MMT Can Save America

From my list on helping you understand how money really works.

Why am I passionate about this?

I’ve been studying money since the early 1980s, when my dissertation advisor—the late and great Hyman Minsky—warned me not to do “Genesis”, origins stories of money. But I couldn't resist. I'm one of the founders of Modern Money Theory (MMT), an approach developed over the past three decades that has garnered tens of thousands of followers and earned the hatred of the elite. And, yet, those who know how money really works—or who embrace public policy pursuing the public interest (Bernie Sanders, Alexandria Ocasio-Cortez), and even central bankers—have admitted that government cannot run out of money. I’ve written hundreds of academic papers, more blogs, many books, and given hundreds of interviews presenting the MMT alternative.

L.'s book list on helping you understand how money really works

L. Randall Wray Why did L. love this book?

This choice is obvious and tough.

The book is notoriously difficult. However, it ranks with Darwin’s Origins of the Species, and Einstein’s General Theory of Relativity as among the most important and revolutionary books ever.

It’s no exaggeration to say that Keynes changed everything in the same way that Darwin and Einstein had. It will change the way you see the world if you make the substantial effort. Keynes argues that it is the organization of our economy around money that causes unemployment—not high wages or lazy workers.

Here’s my one sentence summary: firms only hire the number of workers they need to produce the output they expect to sell at a profit. If they cannot make money from hiring you, you are unemployed.

By John Maynard Keynes,

Why should I read it?

2 authors picked The General Theory of Employment, Interest, and Money as one of their favorite books, and they share why you should read it.

What is this book about?

John Maynard Keynes's 1936 General Theory of Employment, Interest and Money is a perfect example of the global power of critical thinking. A radical reconsideration of some of the founding principles and accepted axioms of classical economics at the time, it provoked a revolution in economic thought and government economic policies across the world. Unsurprisingly, Keynes's closely argued refutation of the then accepted grounds of economics employs all the key critical thinking skills: analysing and evaluating the old theories and their weaknesses; interpreting and clarifying his own fundamental terms and ideas; problem solving; and using creative thinking to go beyond…


Book cover of Payback: Debt and the Shadow Side of Wealth

L. Randall Wray Author Of Making Money Work for Us: How MMT Can Save America

From my list on helping you understand how money really works.

Why am I passionate about this?

I’ve been studying money since the early 1980s, when my dissertation advisor—the late and great Hyman Minsky—warned me not to do “Genesis”, origins stories of money. But I couldn't resist. I'm one of the founders of Modern Money Theory (MMT), an approach developed over the past three decades that has garnered tens of thousands of followers and earned the hatred of the elite. And, yet, those who know how money really works—or who embrace public policy pursuing the public interest (Bernie Sanders, Alexandria Ocasio-Cortez), and even central bankers—have admitted that government cannot run out of money. I’ve written hundreds of academic papers, more blogs, many books, and given hundreds of interviews presenting the MMT alternative.

L.'s book list on helping you understand how money really works

L. Randall Wray Why did L. love this book?

Yes, that Margaret Atwood!

The one whose book, The Handmaids Tale is targeted by book banners. This one is more subversive, covering money from every angle—religious, historical, literary, ecological, and psychological—not limited to the economic perspective. She provides a fascinating dive into money’s nature in five short chapters that transcribe a series of entertaining lectures she gave on Canadian radio.

If you’ve ever wondered why so many words related to money (redemption, debt jubilee, balance) have religious overtones, she explains why. She’ll help you to understand the relationship between Saint Nick, patron saint of thieves and pawnshops, and that other red-suited (and sooted) Old Nick who also keeps track of who’s been naughty. As they say, “time compounds all debts” but “death pays all debts.”  

It is my favorite book on the nether side of money—debt.

By Margaret Atwood,

Why should I read it?

1 author picked Payback as one of their favorite books, and they share why you should read it.

What is this book about?

Payback is an intelligent, wide-ranging book that examines the metaphor of debt and the role it takes in our lives. "Debt" is like air - something we take for granted and never think about until things go wrong. This is not a book about debt management or high finance, but about debt as a very old, central motif in religion and literature and also in the structuring of human societies. She looks at the language of debt in the Old Testament - what was 'owed' to God, and why. She then turns to investigate debt as sin in medieval and…


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Book cover of The Case for a Job Guarantee

L. Randall Wray Author Of Making Money Work for Us: How MMT Can Save America

From my list on helping you understand how money really works.

Why am I passionate about this?

I’ve been studying money since the early 1980s, when my dissertation advisor—the late and great Hyman Minsky—warned me not to do “Genesis”, origins stories of money. But I couldn't resist. I'm one of the founders of Modern Money Theory (MMT), an approach developed over the past three decades that has garnered tens of thousands of followers and earned the hatred of the elite. And, yet, those who know how money really works—or who embrace public policy pursuing the public interest (Bernie Sanders, Alexandria Ocasio-Cortez), and even central bankers—have admitted that government cannot run out of money. I’ve written hundreds of academic papers, more blogs, many books, and given hundreds of interviews presenting the MMT alternative.

L.'s book list on helping you understand how money really works

L. Randall Wray Why did L. love this book?

If you find Keynes’s explanation of unemployment depressing, here’s the antidote: another from the home team—Pavlina is a former student and current colleague.

Her solution is a universal job guarantee provided and funded by the Federal government. This isn’t welfare; wages are paid for useful work that promotes the public interest. Unlike private firms, government doesn’t need profits and cannot run out of money (see Kelton’s The Deficit Myth).

Pavlina explains the details: how the government finances the program; why it stabilizes wages and prices so that it cannot be inflationary; how the program will be run; and what kinds of projects will be undertaken.

She provides a clear, concise, detailed examination of policy that will permanently end the scourge of unemployment.

By Pavlina R. Tcherneva,

Why should I read it?

1 author picked The Case for a Job Guarantee as one of their favorite books, and they share why you should read it.

What is this book about?

One of the most enduring ideas in economics is that unemployment is both unavoidable and necessary for the smooth functioning of the economy. This assumption has provided cover for the devastating social and economic costs of job insecurity. It is also false.

In this book, leading expert Pavlina R. Tcherneva challenges us to imagine a world where the phantom of unemployment is banished and anyone who seeks decent, living-wage work can find it - guaranteed. This is the aim of the Job Guarantee proposal: to provide a voluntary employment opportunity in public service to anyone who needs it. Tcherneva enumerates…


Book cover of From Caesar to Augustus (c. 49 BC-AD 14): Using Coins as Sources

Hannah Cornwell Author Of Pax and the Politics of Peace: Republic to Principate

From my list on ancient Rome and its empire.

Why am I passionate about this?

I’m a Roman historian (associate professor at the University of Birmingham, UK), who’s particularly interested in understanding the nature of Roman power and how Rome’s presence and impact within the Mediterranean changed over time. I’m dyslexic and I think this, in part, might explain why I am quite a visual learner and find material culture a really valuable way to engage with the past, just as much as through written sources.  I really hope that my selection of books offers you various different (and perhaps new) ways to think about ancient Rome!

Hannah's book list on ancient Rome and its empire

Hannah Cornwell Why did Hannah love this book?

I hold up my hands and admit to being a nerd when it comes to ancient coins – there is something immediate and tangible about the past and the messages people communicated on these small, everyday objects exchanging hands.

Clare Rowan’s book (and also Liv Yarrow’s book, The Roman Republic to 49 BCE: Using Coins as Sources) is a great introduction to understanding how to ‘read’ ancient Roman coins and what they can help us understand about the end of the Roman Republic and the birth of the Empire.

Plus, as a visual learner, I love that there are so many images in the book!

By Clare Rowan,

Why should I read it?

1 author picked From Caesar to Augustus (c. 49 BC-AD 14) as one of their favorite books, and they share why you should read it.

What is this book about?

This unique book provides the student of Roman history with an accessible and detailed introduction to Roman and provincial coinage in the late Republic and early Empire in the context of current historical themes and debates. Almost two hundred different coins are illustrated at double life size, with each described in detail, and technical Latin and numismatic terms are explained. Chapters are arranged chronologically, allowing students to quickly identify material relevant to Julius Caesar, the second triumvirate, the relationship between Antony and Cleopatra, and the Principate of Augustus. Iconography, archaeological contexts, and the economy are clearly presented. A diverse array…


Book cover of Making Money in the Early Middle Ages

David Woodman Author Of Edward the Confessor: The Sainted King

From my list on early medieval Britain.

Why am I passionate about this?

I am an Associate Professor of medieval history at Robinson College in the University of Cambridge. One exciting aspect of research about early medieval Britain is that there is always more to discover and understand, whether from artefacts being uncovered in archaeological excavations (like the Staffordshire Hoard), or from manuscripts that languish in archives and libraries across Britain without a modern translation and commentary. The books on this list—which offer insights into different aspects of early British life—are some of those that have captivated me most over my years of reading.

David's book list on early medieval Britain

David Woodman Why did David love this book?

It is electrifying to handle a coin from the early medieval period.

A typical coin from late tenth-century England will be made of silver, will have the king’s name, title, and bust imprinted on one side, and the name of the moneyer and of the mint on the other. These details alone raise questions: how was the coin used and by how many people? Where was it accepted and what kind of goods could it buy?

Rory Naismith, a leading historian and numismatist, provides answers to these questions and illuminates the development of the coinage system from the fall of Rome in the fifth century right through to the twelfth century. And his focus is exceptionally broad, taking in much of north-western Europe. It is an invaluable account that transforms our understanding of how money was actually used in the early medieval period.   

By Rory Naismith,

Why should I read it?

1 author picked Making Money in the Early Middle Ages as one of their favorite books, and they share why you should read it.

What is this book about?

An examination of coined money and its significance to rulers, aristocrats and peasants in early medieval Europe

Between the end of the Roman Empire in the fifth century and the economic transformations of the twelfth, coined money in western Europe was scarce and high in value, difficult for the majority of the population to make use of. And yet, as Rory Naismith shows in this illuminating study, coined money was made and used throughout early medieval Europe. It was, he argues, a powerful tool for articulating people's place in economic and social structures and an important gauge for levels of…


Book cover of Money: The Unauthorized Biography

Daromir Rudnyckyj Author Of Beyond Debt: Islamic Experiments in Global Finance

From my list on how anthropology helps us understand the economy.

Why am I passionate about this?

I'm an economic anthropologist and teach classes and conduct research in this area. Economic anthropology is different from economics in that it questions many of the things that economics takes for granted. For example, most economists assume that allocating goods through the market by buying and selling is the best way to organize human communities. Economic anthropologists have shown, in contrast, that many societies have been organized according to other exchange principles. In fact, some of the oldest communities in the world, such as Sumer and Babylon, based their economies around elaborate systems of redistribution, in which every citizen was guaranteed food shares.

Daromir's book list on how anthropology helps us understand the economy

Daromir Rudnyckyj Why did Daromir love this book?

Money is often thought of as a valuable thing, like gold or silver. 

This leads us to presume that it must be finite in quality due to its scarcity. Drawing on anthropological studies of objects such as Yap stones, massive stone disks found on a far-flung island in the Pacific Ocean.

Martin shows instead that money is not so much a thing but an abstract system for tracking who has what and who is entitled to what, similar to what the anthropologist Keith Hart has called a “memory bank.” By rethinking money along these lines, we might be able to rethink how we decide who gets what and who doesn’t get what in our communities.

By Felix Martin,

Why should I read it?

2 authors picked Money as one of their favorite books, and they share why you should read it.

What is this book about?

From ancient currency to Adam Smith, from the gold standard to shadow banking and the Great Recession: a sweeping historical epic that traces the development and evolution of one of humankind’s greatest inventions.

What is money, and how does it work? In this tour de force of political, cultural and economic history, Felix Martin challenges nothing less than our conventional understanding of money. He describes how the Western idea of money emerged from interactions between Mesopotamia and ancient Greece and was shaped over the centuries by tensions between sovereigns and the emerging middle classes. He explores the extraordinary diversity of…


Book cover of The Social Meaning of Money: Pin Money, Paychecks, Poor Relief, and Other Currencies

Supriya Singh Author Of Domestic Economic Abuse: The Violence of Money

From my list on money, relationships and family violence.

Why am I passionate about this?

I am a writer and a sociologist of money. I am passionate about money, relationships, and family violence, because I know from my research that talking about money opens up intimate conversations about the way people see themselves, their aspirations and hopes. Sometimes through hearing other people’s stories I have found mine. I realised while researching family violence that I too had suffered economic abuse. For me too economic abuse was ‘hidden in plain sight’. One of the most meaningful things for me is to help women and men overcome family violence and empower themselves to live with freedom.  

Supriya's book list on money, relationships and family violence

Supriya Singh Why did Supriya love this book?

Viviana Zelizer opened the world of money and relationships for me. I read her when I was doing my doctoral thesis on money, banking, and Anglo-Celtic consumers in Australia. 

Her basic tenet is that money is a social phenomenon. Money shapes and is shaped by social relationships and cultural values. Viviana’s work helped transform my thesis about banking to that of money and marriage.

It was my first step to becoming a sociologist of money and discovering how researching money opens the whole field of human relationships. 

By Viviana A. Zelizer,

Why should I read it?

1 author picked The Social Meaning of Money as one of their favorite books, and they share why you should read it.

What is this book about?

A dollar is a dollar--or so most of us believe. Indeed, it is part of the ideology of our time that money is a single, impersonal instrument that impoverishes social life by reducing relations to cold, hard cash. After all, it's just money. Or is it? Distinguished social scientist and prize-winning author Viviana Zelizer argues against this conventional wisdom. She shows how people have invented their own forms of currency, earmarking money in ways that baffle market theorists, incorporating funds into webs of friendship and family relations, and otherwise varying the process by which spending and saving takes place. Zelizer…


Book cover of Quantum Macroeconomics: The Legacy of Bernard Schmitt

Alvaro Cencini Author Of Bernard Schmitt's Quantum Macroeconomic Analysis

From my list on monetary macroeconomics.

Why am I passionate about this?

The passionate teaching of Bernard Schmitt at the University of Fribourg, Switzerland, kindled my interest in monetary macroeconomics. In Fribourg I wrote my doctoral dissertation while working as Schmitt’s research and teaching assistant. In 1978 I moved to London to conduct research at the LSE as a PhD student under the supervision of Meghnad Desai. I received my PhD in 1982. Back on the Continent, I continued my collaboration with Schmitt, which lasted until his death in 2014. My enthusiasm for research never failed and I hope to have conveyed it to some of my students at the Centre for Banking Studies in Lugano and at USI (Università della Svizzera Italiana).

Alvaro's book list on monetary macroeconomics

Alvaro Cencini Why did Alvaro love this book?

When I first met him at the University of Fribourg, Switzerland in 1969, I was immediately fascinated by Bernard Schmitt’s passion for scientific research and by his novel approach to monetary macroeconomics.

Three years later I started working with him as a teaching and research assistant and went on working as his closest collaborator until his death in 2014. The other two co-editors of this book also had the privilege to work closely with him.

Conceived as an homage to Schmitt’s legacy, this book is a collection of contributions explaining the historical origin, the analytical content, and the current relevance of Schmitt’s quantum macroeconomic analysis.

By Jean-Luc Bailly (editor), Alvaro Cencini (editor), Sergio Rossi (editor)

Why should I read it?

1 author picked Quantum Macroeconomics as one of their favorite books, and they share why you should read it.

What is this book about?

Quantum Macroeconomics presents a new paradigm in macroeconomic analysis initiated by Bernard Schmitt. It explains the historical origin, the analytical contents, and the actual relevance of this new paradigm, with respect to current major economic issues at national and international level. These issues concern both advanced and emerging market economies, referring to inflation, unemployment, financial instability, and economic crises.

In the first part of this volume, leading scholars explain the historical origin and analytical content of quantum macroeconomics. The second part explores its relevance with respect to the current major economic issues such as the sovereign debt crisis and European…


Book cover of The Soul of Money: Transforming Your Relationship with Money and Life

Jen Sincero Author Of You Are a Badass at Making Money: Master the Mindset of Wealth

From my list on adopt a mindset of wealth.

Why am I passionate about this?

Jen Sincero is a #1 New York Times bestselling author, success coach, and motivational cattle prod who’s helped countless people transform their personal and professional lives via her products, speaking engagements, newsletters, seminars and books. Her #1 New York Times bestseller, You Are a Badass®: How to Stop Doubting Your Greatness and Start Living an Awesome Life (2013), spent over 4 years on the NY Times bestseller list, has sold over 3 million copies, is available in over 35 languages, and continues to grow in popularity around the globe. Her follow-ups, You Are a Badass® at Making Money: Master the Mindset of Wealth (2017), also a NY Times bestseller, You Are a Badass® Every Day (2018), and Badass Habits (2020) are written with the same signature sass, down-to-earth humor and blunt practicality that made You Are a Badass® an indomitable bestseller and Jen a celebrated voice in the world of self-development.

Jen's book list on adopt a mindset of wealth

Jen Sincero Why did Jen love this book?

Written by an extremely smart smartypants, activist, and fundraiser, Lynne Twist shares her fascinating take on money as gleaned from her decades working with everyone from top CEOs to tribal people who don’t even know what money is.

By Lynne Twist,

Why should I read it?

1 author picked The Soul of Money as one of their favorite books, and they share why you should read it.

What is this book about?

This liberating book shows us that examining our attitudes toward money-earning it, spending it, and giving it away-offers surprising insight into our lives. Through personal stories and practical advice, Lynne Twist asks us to discover our relationship with money, understand how we use it, and by assessing our core human values, align our relationship with it to our desired goals. In doing so, we can transform our lives.

The Soul of Money now includes a foreword from Jack Canfield and a new introduction by Lynne Twist, in which she explores the effects of the Great Recession and environmental concerns about…


Book cover of The Deficit Myth: Modern Monetary Theory and the Birth of the People's Economy
Book cover of The General Theory of Employment, Interest, and Money
Book cover of Payback: Debt and the Shadow Side of Wealth

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