The history of money is normally told as a series of material changes and technological improvements, but historian Rebecca L. Spang argues that this version of the past obscures the monetary inequality that exists today. Money is a social and political fact as much as it is an economic one, and access to the different types of currency depends on government policy and banking-sector regulation.
Skip Nav Destination
Research Article| September 01 2016
The Currency of History: Money and the Idea of Progress
World Policy Journal (2016) 33 (3): 39–44.
Rebecca L. Spang; The Currency of History: Money and the Idea of Progress. World Policy Journal 1 September 2016; 33 (3): 39–44. doi: https://doi.org/10.1215/07402775-3713005
Download citation file: