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Origins of Money and of Banking
The history of credit and banking goes back much further than the history of coins. Nevertheless the story of the origins of money goes back even further still. The origins of money in its various forms, and of banking, are discussed in the book by Glyn Davies , on which this essay is based.
Today, (March 24) is Harry Houdini's birthday. Houdini was a renowned magician and an escape artist, who astonished audiences by escaping from handcuffs, straitjackets, and prison cells. However, did you know that Harry Houdini was also an inventor?
The History of Money
Welcome To The Department of Treasury Kid's Page
Sorry, we recently made changes to our web sites and the page you are looking for may have been removed, had its page address changed, may not exist, or is temporarily unavailable.Because of the difficulties of conducting experiments in the ordinary business of economic life, at the centre of which is money, it is most fortunate that history generously provides us with a proxy laboratory, a guidebook of more or less relevant alternatives. Around the next corner there may be lying in wait apparently quite novel monetary problems which in all probability bear a basic similarity to those that have already been tackled with varying degrees of success or failure in other times and places.
