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THE HISTORY OF MONEY From Its Origins to Our Time

The HISTORY of HISTORY OF MONEYFrom Its Origins to Our TimeThis was the final draft of the English text of "Une Histoire de l Argent: des origines nos jours" published by Autrement in Paris in November 2007 with a few minor changes in the final French text. I am very grateful to Philippe Godard his editorial support, and to Autrement for allowing me to make the English version accessible here. INTRODUCTIONThis book is about the HISTORY of MONEY : how did it begin? how has it evolved to the present day? what has it enabled humans to achieve? and why do so many people in the world today have problems with it and suffer from the way it works? The book is also about the future: how may MONEY develop further? how might we want it to develop?Humans are the only creatures that use MONEY . Animals and birds and insects and fishes and plants exist together in the world without it. But in human societies the earning and spending of MONEY has become one of the most important ways we connect with one another.

After 600 BC, gold and silver coins spread through the city states of Greece, stamped with the emblems of their cities. As Athens grew in power and wealth, its beautiful coins of silver from the mines of Laurion became widely used. They were called "owls of Minerva" because they pictured an owl on one side. Minerva was the Roman name for

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