Read Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821

Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821

George Selgin

4.9/5 (15431 ratings)

Description:Good Money tells the fascinating story of British manufacturers' challenge to the Crown's monopoly on coinage. In the 1780s, when the Industrial Revolution was gathering momentum, the Royal Mint failed to produce enough small-denomination coinage for factory owners to pay their workers. As the currency shortage threatened to derail industrial progress, manufacturers began to mint custom-made coins, called "tradesman's tokens." Rapidly gaining wide acceptance, these tokens served as the nation's most popular currency for wages and retail sales until 1821, when the Crown outlawed all moneys except its own. Economist George Selgin presents a lively tale of enterprising manufacturers, technological innovations, alternative currencies, and struggles over the right to coin legal money. George Selgin is Professor of Economics in the Terry College of Business at the University of Georgia and Research Fellow at the Independent Institute in Oakland, California (www.independent.org).We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821. To get started finding Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821, you are right to find our website which has a comprehensive collection of manuals listed.
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Pages: 390

Format: PDF, EPUB & Kindle Edition

Publisher: —

Release: —

ISBN: 0472116312

Description: Good Money tells the fascinating story of British manufacturers' challenge to the Crown's monopoly on coinage. In the 1780s, when the Industrial Revolution was gathering momentum, the Royal Mint failed to produce enough small-denomination coinage for factory owners to pay their workers. As the currency shortage threatened to derail industrial progress, manufacturers began to mint custom-made coins, called "tradesman's tokens." Rapidly gaining wide acceptance, these tokens served as the nation's most popular currency for wages and retail sales until 1821, when the Crown outlawed all moneys except its own. Economist George Selgin presents a lively tale of enterprising manufacturers, technological innovations, alternative currencies, and struggles over the right to coin legal money. George Selgin is Professor of Economics in the Terry College of Business at the University of Georgia and Research Fellow at the Independent Institute in Oakland, California (www.independent.org).We have made it easy for you to find a PDF Ebooks without any digging. And by having access to our ebooks online or by storing it on your computer, you have convenient answers with Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821. To get started finding Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821, you are right to find our website which has a comprehensive collection of manuals listed.
Our library is the biggest of these that have literally hundreds of thousands of different products represented.

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Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821

Good Money: Birmingham Buton Makers, The Royal Mint, and the Beginnings of Modern Coinage 1775-1821

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