Coined : the rich life of money and how its history has shaped us /

by Sehgal, Kabir [author.].
Material type: materialTypeLabelBookPublisher: New York ; Grand Central Publishing, 2015.Edition: First edition.Description: x, 317 pages : illustrations ; 24 cm.ISBN: 1455578525 (hardcover); 9781455578528 (hardcover).Subject(s): Money | Quality of life | Rich peopleSummary: "The importance of money in our lives is readily apparent to everyone--rich, poor, and in between. However grudgingly, most of us accept the expression "Money makes the world go round" as a universal truth. We are all aware of the power of money--how it influences our moods, compels us to take risks, and serves as the yardstick of success in societies around the world. Yet because we take the daily reality of money so completely for granted, we seldom question how and why it has come to play such a central role in our lives. In Coined: The Rich Life of Money And How Its History Has Shaped Us, author Kabir Sehgal casts aside our workaday assumptions about money and takes the reader on a global quest to uncover a deeper understanding of the relationship between money and humankind. More than a mere history of its subject, Coined probes the conceptual origins and evolution of money by examining it through the multiple lenses of disciplines as varied as biology, psychology, anthropology, and theology. Coined is not only a profoundly informative discussion of the concept of money, but it is also an endlessly fascinating and entertaining take on the nature of humanity and the inner workings of the mind."-- Provided by publisher.
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Enhanced descriptions from Syndetics:

A New York Times and Wall Street Journal Bestseller<br> <br> The importance of money in our lives is readily apparent to everyone--rich, poor, and in between. However grudgingly, most of us accept the expression "Money makes the world go round" as a universal truth. We are all aware of the power of money--how it influences our moods, compels us to take risks, and serves as the yardstick of success in societies around the world. Yet because we take the daily reality of money so completely for granted, we seldom question how and why it has come to play such a central role in our lives.<br> <br> In Coined: The Rich Life of Money And How Its History Has Shaped Us , author Kabir Sehgal casts aside our workaday assumptions about money and takes the reader on a global quest to uncover a deeper understanding of the relationship between money and humankind. More than a mere history of its subject, Coined probes the conceptual origins and evolution of money by examining it through the multiple lenses of disciplines as varied as biology, psychology, anthropology, and theology. Coined is not only a profoundly informative discussion of the concept of money, but it is also an endlessly fascinating and entertaining take on the nature of humanity and the inner workings of the mind.

Includes bibliographical references and index.

"The importance of money in our lives is readily apparent to everyone--rich, poor, and in between. However grudgingly, most of us accept the expression "Money makes the world go round" as a universal truth. We are all aware of the power of money--how it influences our moods, compels us to take risks, and serves as the yardstick of success in societies around the world. Yet because we take the daily reality of money so completely for granted, we seldom question how and why it has come to play such a central role in our lives. In Coined: The Rich Life of Money And How Its History Has Shaped Us, author Kabir Sehgal casts aside our workaday assumptions about money and takes the reader on a global quest to uncover a deeper understanding of the relationship between money and humankind. More than a mere history of its subject, Coined probes the conceptual origins and evolution of money by examining it through the multiple lenses of disciplines as varied as biology, psychology, anthropology, and theology. Coined is not only a profoundly informative discussion of the concept of money, but it is also an endlessly fascinating and entertaining take on the nature of humanity and the inner workings of the mind."-- Provided by publisher.

Table of contents provided by Syndetics

  • Foreword (p. ix)
  • Introduction (p. 1)
  • Part I Mind: The Roots of an Idea
  • Chapter 1 It's a Jungle Out There: The biology of exchange (p. 13)
  • Chapter 2 A piece of My Mind: The psychology of money (p. 39)
  • Chapter 3 So in Debt: The anthropology of debt (p. 67)
  • Part II Body: The material Forms of Money
  • Chapter 4 Hard and Heavy: A brief history of hard money (p. 97)
  • Chapter 5 Some Like It Soft: A brief history of soft money (p. 125)
  • Chapter 6 Back to the Future: The future of money (p. 163)
  • Part III Soul: A Symbol of Values
  • Chapter 7 Angel Investors: Religion and money (p. 197)
  • Chapter 8 Gilt Complex: The art on money (p. 227)
  • Epilogue (p. 253)
  • Acknowledgments (p. 255)
  • List of Illustrations (p. 258)
  • Selected Bibliography (p. 259)
  • Notes (p. 265)
  • Index (p. 303)
  • About the Author (p. 319)

Reviews provided by Syndetics

Library Journal Review

Sehgal worked for Lehman Brothers and had a front-row seat when it failed. Now a vice president with J.P. Morgan, the author has a self-professed obsession to understand money. This book was written not to be a definitive work but to spark the reader's curiosity about the subject. Divided into three sections, it covers the mind (why-biology, psychology, and anthropology), the body (what-hard, soft, and future), and the soul (how-values and creativity) of money. From the history of currency as a storage of surplus value to the future of it as digital legal tender, Sehgal investigates it all with best- and worst-case scenarios. Using a bit of a scattergun approach, he takes the reader from the Galapagos Islands, the vaults under New York City, and excavations in Bangladesh as he shows that money is a symbol of what man values. While the study of money can be a never-ending pursuit, the author acknowledges that just as humankind has shaped and created money, so money has shaped and created civilization. VERDICT While not an exhaustive discussion of money's history and future, Sehgal's book is a worthwhile treatment for the curious.-Bonnie A. Tollefson, Rogue Valley Manor Lib., Medford, OR (c) Copyright 2015. Library Journals LLC, a wholly owned subsidiary of Media Source, Inc. No redistribution permitted.

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