Money Changes Everything
by William N. Goetzmann
A Yale finance professor on how finance made civilization possible, from Mesopotamian loans to modern markets. Scholarly and surprising.
Read it if…
you want finance's deep history.
See the book →
Skip it if…
you want a quick overview; see Ferguson.
Try instead: A History of Interest Rates →
Three things you will actually use
- Finance is a technology of time.
- Civilization needed credit.
- Innovation is ancient.
Do this first
Read the chapters on ancient Mesopotamia.
Our verdict
Finance made civilization.
See the book →
Compare with other Money books

A History of Interest Rates
Sidney Homer and Richard Sylla · Money
Interest rates, long view.
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