Fans pick 100 books like The Social Life of Money in the English Past

I love the way this book makes the very old story of the French Revolution new and exciting by telling the parallel story of how so much of the turmoil of that period was etched onto the money that a succession of governments issued.

I learned so much, both from the shifting set of images on French money and the wonderful stories about how a confused populace used this money to the best of their ability, as their paper currency lost both the crowned heads that once adorned it and, in the process, much of its value. Spang ingeniously recounts the revolutionaries’ efforts to paper over a failing revolution with vacuous promises to pay. 

I remember traveling in Europe as a teenager in the early 1980s, before ATMs and euros, when American Express traveler’s checks allowed me to pay for room and board across a succession of sovereign states.

Booker ends his book where I started my personal monetary journey, telling the fascinating history of how (mostly British) tourists paid their way across Europe and North America, using such strange devices as circular notes and early incarnations of the traveler’s check. The book includes numerous color plates of these pieces of paper, issued by Thomas Cook, Lloyds Bank, and even American Express! I also learned about how far the pound sterling counted as a coin of the world and not just a coin of the realm (answer: not as far as I thought!).

When I got wind of this book, I had just finished writing a book about gold and money in Britain from the 1750s to the 1850s. Although I knew about the long history of British money prior to the 1750s and also about its complicated history down to the present, I jumped at the chance to read the whole story laid out between two covers. Blaazer deftly accomplishes this task, with a special focus on the strikingly different paths that money took in Britain’s three corners of Ireland, Scotland, and England (not so much on Wales, as is so often the case in such histories!).

How a country manages its money, it turns out, says much about how it governs its people—ranging from willful indifference in Ireland to consistent policies in England and Scotland that favored the wealthy (and especially the bankers) over the middling classes. A final advantage of… show more.

Although this book is ostensibly about risk, none of Levy’s fascinating case studies stray far from money. Indeed, one of his central claims is that modern capitalism transforms risk into a financial calculation, whereby money’s fluid nature can be employed to divert uncertainty in different directions. Although the goal in such transactions is always to contain risk, the reality (as brilliantly recounted by Levy) is far less certain.

I read this book immediately after writing about the history of British life insurance, and most of these cases (about insuring slave ships, African-American savings, farm mortgages, and the stock market, among others) reinforced the lessons I had learned about the Quixotic and hubristic nature of risk management. The upshot of the book is that, over the course of America’s long nineteenth century, the rich got richer, and the poor got empty promises. Its brilliance lies in the relish with which Levy… show more.

This book rocked my theory-world when I finally settled down to read it, long after it was first published and everybody was talking about it. Besides developing Marx’s idea of the ‘metabolic rift’ in the social-natural metabolism, brought on by the industrial revolution, it also traces Marx’s inspiration in the soil sciences of his day, ancient materialist philosophies of nature, and the disregard or distortion of Marx’s ecology during the Soviet era and in the West.  

This is a brilliant intellectual history of US environmentalism and its rooting on what in the 1960s was seen as a global ‘population bomb’. The global population kept growing in the 1980s and 1990s, but slower, and the bomb has, for the time being at least, been defused. It is time for environmentalists like myself to reflect on the legacy of our roles as prophets of unrealised doom, and this book helps us get the historical record right. Paul Ehrlich is a key figure in this story of overpopulation scare, that was not a marginal academic debate, but one that made it into the political mainstream, and around which Ronald Reagan fashioned his persona, as the ever optimist who unlike Jimmy Carter, did not succumb to limits of growth, and the pessimism of Ehlrich and his likes. What I learned from this book is that unless environmentalists develop a positive… show more.

Gold has fascinated humanity for a considerable swathe of history, and it continues to do so today.

I saw this book online and immediately had to get it. I already knew that the creation of modern money as debt was fundamentally rooted in war and geopolitics, but I did not know the extensive history of how gold and war were interconnected over 500 years. 

I think that this is a captivating study for anyone who is interested in the links between war, gold, and geopolitical capitalism. 

A fascinating and essential read for explaining how we arrived at where we are today. 

I really loved this book!

Desan’s work filled multiple gaps in my knowledge regarding the historical circumstances that contributed to modern money.

In my view, it is the best and most comprehensive book for anyone who wants to know how we arrived at current monetary arrangements. The research and writing are masterful, comprehensive, and there are many ‘oh my, I didn’t know that’ moments. 

A real eye-opener and an essential read for anyone interested in money, finance, and the emergence of capitalism.

Easily the best and most authoritative book since Dickson’s The Financial Revolution In England – a must-read!

Jeffrey Sklansky is that rare academic with a writer’s literary imagination, which serves the reader well in engaging The Soul’s Economy, a riveting and dense intellectual history of the market’s emergence as the organizing principle of not only economic life, but of a distinctly new moral sensibility between 1820 and 1920. 

Sklansky explores this far-reaching turn of events through a series of dedicated readings of America’s leading philosophers and pundits of the times, ranging from Ralph Waldo Emerson to John Dewey, who collectively recast the pursuit of wealth into an ethic of personal rectitude and even the source of society’s general welfare.

I love this book because it was a real eye-opener on par with Ingham’s work. 

I discovered the book when I was researching my book with Richard Robbins. In my view it is a foundational book that should be read by all those interested in money, debt, and capitalism. 

I really like Rowbotham’s analysis and cutting critique of the current monetary system. He begins the book by asking: if virtually every nation in the world is in debt, who is the money owed to? 

From there the adventure begins as he unravels how modern money is created. If you thought that when you borrowed from a bank you were borrowing the money of other depositors, think again! 

A wonderful read that will get you thinking about alternatives to a capitalism founded on debt money.