EASY MONEY VOLUME 1

Publisher:
HarperCollins
| Author:
Kaul, Vivek
| Language:
English
| Format:
Paperback
Publisher:
HarperCollins
Author:
Kaul, Vivek
Language:
English
Format:
Paperback

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ISBN:
SKU 9789352777532 Category Tag
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Page Extent:
344

We live in an era when coloured pieces of paper are deemed to be money. But this was not how things always were. In the United States, tobacco was money for longer than gold was. In parts of ancient India, almonds were money. Corn was money in Guatemala. In the rice-producing nations of Philippines, Japan and Burma, standardized portions of rice served as money. Salt was money in the Sahara Desert. How did these commodities disappear as money? What role did the rise of banking play in the rise of paper money? How has paper money at various points of time destroyed financial systems? And, most importantly, how do the same mistakes which were made earlier continue to be made in the modern era? Vivek Kaul answers these and many more questions in the first book in the Easy Money series.

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Description

We live in an era when coloured pieces of paper are deemed to be money. But this was not how things always were. In the United States, tobacco was money for longer than gold was. In parts of ancient India, almonds were money. Corn was money in Guatemala. In the rice-producing nations of Philippines, Japan and Burma, standardized portions of rice served as money. Salt was money in the Sahara Desert. How did these commodities disappear as money? What role did the rise of banking play in the rise of paper money? How has paper money at various points of time destroyed financial systems? And, most importantly, how do the same mistakes which were made earlier continue to be made in the modern era? Vivek Kaul answers these and many more questions in the first book in the Easy Money series.

About Author

Vivek Kaul has worked at senior positions with the Daily News and Analysis (DNA) and The Economic Times. His writings have appeared across various other publications in India. These include The Times of India, The Hindu, The Hindu Business Line, Indian Management, Asian Age, Deccan Chronicle, Forbes India, Quartz India, Mutual Fund Insight, and Wealth Insight. He has also written regularly for rediff.com. Currently, he is a regular columnist for firstpost.com and firstbiz.com. His areas of interest are political economy, the international financial crisis, personal finance, marketing and branding, and anything to do with cinema and music. His only regular hobby in life is watching movies first day first show. Every other hobby he had (reading, writing, listening to music) is now a part of his daily work routine. He blogs at http://teekhapan.wordpress.com/ and can be reached at vivek.kaul@gmail.com. --This text refers to an alternate kindle_edition edition.

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