Description
by
Andrew Carnegie (Author)
It seems a simple question — what is money?– but the answer is more complicated than you’d think. In 1891, America’s greatest self-made man, steel tycoon Andrew Carnegie, took on the subject in this essay. Here, he explains:
– the historical basis for money as a medium of exchange
– the difference between “money” and “currency”
– the trouble governments get into when they “make money”
– the problems that coming with backing currency with silver
– the “good sense” of the gold standard
– and more.
The ABC of Money: Lessons from a Tycoon offers a highly readable discussion of a basic concept of economics.
Also from Cosimo: Carnegie’s Round the World, Triumphant Democracy, James Watt, An American Four-in-Hand in Britain, The Empire of Business, The Gospel of Wealth, and the Autobiography of Andrew Carnegie.
Number of Pages: 34Dimensions: 0.08 x 8 x 5 INPublication Date: July 23, 2018
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