From: [Roy Davies] at [exeter.ac.uk] (Roy Davies) Newsgroups: soc.history.moderated Subject: History of Money on WWW Date: Fri, 09 Jun 1995 14:54:22 -0700 I have put a series of short essays on the history of money the Web The titles are listed below. The URL is: http://www.ex.ac.uk/~RDavies/arian/llyfr.html Pendulum Metatheory of Money Keynesianism and monetarism have many precursors. Why does a monetary theory enjoy a vogue then give way to an opposing theory which in turn is displaced by a theory similar to its predecessor? Origins of Money Money performs many functions and had many origins. Economic factors were neither the only nor the most important ones in its origins. Banking was invented before coins. Warfare and Financial History From blood money payments in primitive societies to the military-industrial complex of the present day developments in warfare and finance have, unfortunately, been closely connected. The Significance of Celtic Coinage The Celts on the Continent and in parts of Britain produced large numbers of coins before the Roman conquest. The Anglo-Saxon invasions put an end to minting in Britain almost completely for nearly two hundred years and in Wales production of coins did not become common until after the English conquest. The Vikings and Money in England. Paying through the nose! The impact of Danegeld - history's best-known protection racket. Money in North American History From wampum to electronic funds transfer. How the US developed from a collection of colonies dependent on substitutes for coins, such as wampum and tobacco, to the superpower of the almighty dollar. Britain and European Monetary Union Why is Britain sceptical? The pound sterling has a history of 1,300 years. Most European currencies date back only to the end of the Second World War and therefore a change of currency would arouse more suspicion in Britain than on the Continent. Democracy and Government Control of the Money Supply When coins were the predominant form of payment governments controlled minting. The development of modern banking and paper money broke the government monopoly of money creation and fostered the growth of democracy. Will the advent of electronic money have a similar significance? Third World Money and Debt in the Twentieth Century The pressure of a rapidly expanding world population on finite resources is a virtually silent explosion as far as monetarist literature is concerned. The task of enabling millions of the world's poorest men and women to earn a decent living for themselves is the greatest problem facing humanity. Reanchoring the runaway currencies of many Third World countries is a prerequisite for successful development. History of Money from Ancient Times to the Present Day URL: http://www.ex.ac.uk/~RDavies/arian/llyfr.html Roy Davies University of Exeter [Roy Davies] at [exeter.ac.uk]