Economics, Anthropology and the Origin of Money as a Bargaining Counter
About this ebook
Confidence in the bargaining counter is sustained through ‘support-bargaining,’ a process in which individuals seek the support of their associates but seek at the same time to advance their own interests. A comprehensive ‘Introduction to Support-Bargaining and Money-Bargaining’ is provided by the work. The arrival of coin-money is recognised by many as a crucial event in the history of mankind, and it is argued here that the distinctive character of support-bargaining in ancient Greek city states made possible the introduction of coin-money. The dependence of coin-money on a particular form of support-bargaining also suggests the reason why coin-money was not introduced much earlier, given that the technology for producing coins was available long before their adoption.
This book will be of great interest to researchers in the history and origins of money, banking and economic theory more broadly.
About the author
Patrick Spread graduated from Trinity College, Oxford, UK and received a PhD from the London Business School. This is his ninth book based on the theory of support-bargaining and money-bargaining. In his career he has mixed theoretical research with work as an economic adviser and consultant to governments and economic development agencies.
