What is money, and how does it work?
The conventional answer is that people once used sugar in the West Indies, tobacco in Virginia, and dried cod in Newfoundland, and that today’s financial universe evolved from barter.
Unfortunately, there is a problem with this story. It’s wrong. And not just wrong, but dangerous.
Money: the Unauthorised Biography unfolds a panoramic secret history and explains the truth about money: what it is, where it comes from, and how it works.
Drawing on stories from throughout human history and around the globe, Money will radically rearrange your understanding of the world and shows how money can once again become the most powerful force for freedom we have ever known.
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Felix Martin was educated in the UK, Italy and the US, and holds degrees in classics, international relations and economics, including a D.Phil. in Economics from Oxford University. He worked for the World Bank and for the European Stability Initiative think tank, and was a partner in the fixed income division at Liontrust Asset Management. His first book, Money: An Unauthorised Biography, was published by The Bodley Head in 2013 and was a finalist for the Guardian First Book Award. The Cobra Effect is Martin's second book.
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