Carlos SlimBusinessman and investor · Grupo Carso, América Móvil
Recommended
Paper Money
Adam Smith · 1953 · 224 pages
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About the book
In this fascinating study, Adam Smith examines the history and mechanics of fiat money—currency that is not backed by gold or silver, but by institutional trust. Smith deconstructs the myths and misunderstandings surrounding the value and nature of money, tracing its development from early forms of credit to contemporary monetary systems.
An essential book for understanding how modern economies work and why collective trust is the real foundation of the financial system.
Book details
| Author | Adam Smith |
|---|---|
| Year of publication | 1953 |
| Pages | 224 |
Recommended by 1 person
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