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Good Money
By:George A. Selgin
Published on 2008 by University of Michigan Press

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).

This Book was ranked at 6 by Google Books for keyword Bimetallism.

Book ID of Good Money's Books is AAbe9PdbVaEC, Book which was written byGeorge A. Selginhave ETAG "wCmcFegJEZ0"

Book which was published by University of Michigan Press since 2008 have ISBNs, ISBN 13 Code is 9780472116317 and ISBN 10 Code is 0472116312

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Book which have "345 Pages" is Printed at BOOK under CategoryBusiness and Economics

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