Abstract
I review William N. Goetzmann's Money Changes Everything: How Finance Made Civilization Possible. This magnificent book offers insightful coverage of more than 5,000 years of human history under the theme of "how finance made civilization possible." I reinterpret its main hypotheses in the context of recent economic research on finance and development, and also compare them with other economic historians' views. I suggest that further examinations of the historical facts in the book could guide us in rethinking financial regulation.
| Original language | English |
|---|---|
| Pages (from-to) | 1577-1586 |
| Number of pages | 10 |
| Journal | Journal of Economic Literature |
| Volume | 56 |
| DOIs | |
| State | Published - Dec 2018 |