August 24th 2019


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Articles from this issue:

COVER STORY Biological and transgender worldviews are mutually exclusive

CANBERRA OBSERVED Can you have too much of a renewables thing?

FREEDOM OF SPEECH Professor Augusto Zimmermann addresses NCC WA on freedoms

NSW ABORTION BILL Clear and present danger to women's health

RURAL AFFAIRS Land-clearing laws render productive land useless and worthless

NATIONAL AFFAIRS Why an indigenous referendum is misconceived

POLITICAL PHILOSOPHY The post-liberal way: Make good use of the time in the wilderness

ASIAN AFFAIRS Hong Kong defies its obtrusive overlord

SPECIAL FILM REVIEW Danger Close: Australia's fiercest battle of the Vietnam War

HUMOUR Rage against the baked bean

MUSIC Riff wrap: The thing that makes it go 'pop'

CLASSIC CINEMA Dr Strangelove: Helpless fear turned to laughter

BOOK REVIEW The epic awfulness of Mao and his 'isms'

BOOK REVIEW From slave to son of the Church

LETTERS

POETRY

ZEG'S PLACE

Books promotion page

THE EVOLUTION OF MONEY

David Orrell and Roman Chlupaty

$72.50


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Book description

The sharing economy’s unique customer-to-company exchange is possible because of the way in which money has evolved. These transactions have not always been as fluid as they are today, and they are likely to become even more fluid. It is therefore critical that we learn to appreciate money’s elastic nature as deeply as do Uber, Airbnb, Kickstarter, and other innovators, and that we understand money’s transition from hard currencies to cryptocurrencies like Bitcoin if we are to access their cooperative potential.

The Evolution of Money illuminates this fascinating reality, focusing on the tension between currency’s real and abstract properties and advancing a vital theory of money rooted in this dual exchange. It begins with the debt tablets of Mesopotamia and follows with the development of coin money in ancient Greece and Rome, gold-backed currencies in medieval Europe, and monetary economics in Victorian England. The book ends in the digital era, with the cryptocurrencies and service providers that are making the most of money's virtual side and that suggest a tectonic shift in what we call money. By building this organic time line, The Evolution of Money helps us anticipate money’s next, transformative role.

 

About the author

David Orrell is a writer and an applied mathematician. He is the author of The Future of Everything: The Science of Prediction (2007), Economyths: How the Science of Complex Systems Is Transforming Economic Thought (2010), and Truth or Beauty: Science and the Quest for Order (2012).

Roman Chlupatý is a journalist, lecturer, and consultant specialising in the global economy, politics, and the intersection of these two worlds. He is the co-author, with David Orrell, of The Twilight of Homo Economicus (2012). He is also the author of (S)OUR EARTH: Fourteen Interviews About Things That Are Changing Our World (2010) and co-author of (R)evolutionary Economy: Of Systems and Men (2013).

 


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