Strange Bedfellows and the Return of Gravity Part I traced the long competition among monetary media, in which more integral monetary forms reliably defeated less integral ones across millennia of civilizational encounters, culminating in the gold standard of the nineteenth century. Part II examined how that standard was dismantled by political force rather than outcompeted … Continue reading The Monetary Lens: The Past, Present and Future of Humanity Through the Architecture of Money, Part III
Tag: Political economy
The Monetary Lens: The Past, Present and Future of Humanity Through the Architecture of Money, Part II
Fingers in the Dam In Part I, we traced the multi-millennial competition among monetary media — cowrie shells, glass beads, salt, silver, and finally gold — and argued that the progressive victory of more integral over less integral monetary forms was not a series of historical accidents but something closer to a natural law: as … Continue reading The Monetary Lens: The Past, Present and Future of Humanity Through the Architecture of Money, Part II
