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Economics, anthropology and the origin of money as a bargaining counter / Patrick Spread.
Author
Spread, Patrick, 1944-
[Browse]
Format
Book
Language
English
Published/Created
Abingdon, Oxon ; New York, NY : Routledge, 2023.
©2023
Description
ix, 308 pages ; 25 cm.
Availability
Copies in the Library
Location
Call Number
Status
Location Service
Notes
Firestone Library - Stacks
GN450.5 .S67 2023
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Details
Subject(s)
Money
—
Origin
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Barter
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Series
Routledge frontiers of political economy
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Summary note
"For many decades economists have disputed with economic anthropologists over the origins of money. Economists claim that money emerged from barter exchange; anthropologists claim that it originated as a 'unit of account' in the temples and palaces of ancient Mesopotamia. This book argues that money originated as a bargaining counter in a system of money-bargaining, emerging almost seamlessly from barter-bargaining. This is not the 'money' of mainstream economic conception - a 'veil' cast over a system of resource allocation defined in mathematical terms. Confidence in the bargaining counter is sustained through 'support-bargaining,' a process in which individuals seek the support of their associates but seek at the same time to advance their own interests. A comprehensive 'Introduction to Support-Bargaining and Money-Bargaining' is provided by the work. The arrival of coin-money is recognised by many as a crucial event in the history of mankind, and it is argued here that the distinctive character of support-bargaining in ancient Greek city states made possible the introduction of coin-money. The dependence of coin-money on a particular form of support-bargaining also suggests the reason why coin-money was not introduced much earlier, given that the technology for producing coins was available long before their adoption. This book will be of great interest to researchers in the history and origins of money, banking and economic theory more broadly. Patrick Spread graduated from Trinity College, Oxford, UK and received a PhD from the London Business School. This is his ninth book based on the theory of support-bargaining and money-bargaining. In his career he has mixed theoretical research with work as an economic adviser and consultant to governments and economic development agencies"-- Provided by publisher.
Bibliographic references
Includes bibliographical references and index.
ISBN
9781032322278 (hardcover)
1032322276 (hardcover)
9781032322308 (paperback)
1032322306 (paperback)
LCCN
2022020422
OCLC
1336461815
Statement on language in description
Princeton University Library aims to describe library materials in a manner that is respectful to the individuals and communities who create, use, and are represented in the collections we manage.
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