Archaic and ignored monetary technologies can be very interesting, especially when they teach us about newer attempts to update our monetary...

Electrum coins [ source ] First proposed by economist Alfred Marshall in the late 19th century as an alternative metallic standard to t...

At first glance, the large circular discs that circulated on the island of Yap in the South Pacific certainly seem quite odd. Too big to ...

In between my more practical posts, once every week or so I'll do something on the idea of moneyness . Economists have known for a lo...