Book notes: Easy money, by Dror Goldberg
Interesting interpretations but hard to view 1690s Massachusetts paper as the invention of modern currency
Dror Goldberg, Easy money: American puritans and the invention of modern currency, University of Chicago Press, 2023, pp. x-346
In 1690–92, the colony of Massachusetts became the first western polity to emit legal-tender paper money that circulated as a medium of exchange within that colony. Other British north American colonies followed Massachusetts’ lead. By the mid-18th century, paper money was the norm. Dror Golberg’s book investigates how the colony of Massachusetts became a monetary
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