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Money Changes Everything
600 pages, 2017
Time-machine finance, as money historian William Goetzmann designs it, has given the United States the power to build its history. Despite financial disasters and investment crises, Goetzmann argues that the development of finance has enabled the growth of civilizations since ancient Mesopotamia.
He demonstrates how time-machine finance influenced significant events in history—the birth of writing in ancient Mesopotamia, the rise and collapse of dynasties in imperial China, and the financing of trade voyages that brought Europeans to the New World.
In 'Money Changes Everything', William N. Goetzmann takes us on a journey through the history of finance. He explores how money and financial institutions have evolved over time, from ancient civilizations to the modern world. It's a fascinating look into how finance has shaped our society and culture.
Goetzmann digs into the impact of financial innovations on society. He shows how things like the invention of money, the development of banking, and the creation of stock markets have transformed the world. It's a great reminder of how financial innovations can drive social and economic change.
The book also helps us understand financial crises. Goetzmann researches past financial crises to shed light on the causes and effects of these events. It's a valuable resource for anyone looking to understand why financial crises happen and how they can be prevented.
Goetzmann makes a compelling case for the role of finance in the development of civilization. He argues that finance is not just about money and markets, but also about human progress and the advancement of society. It's a thought-provoking perspective that will make you see finance in a new light.
Finally, 'Money Changes Everything' offers insights into the future of finance. Goetzmann looks at current trends and predicts how they might shape the financial landscape in the years to come. If you're interested in what the future holds for finance, this book is a must-read.
