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Coined

On sale

26th February 2015

Price: £12.99

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Selected: ebook / ISBN-13: 9781848549036

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Money isn’t just coins, bank notes or clamshells; it is more than a store of value or unit of payment. It’s an idea, a transformative player in how we view, cope, and harmonise with the world. Money isn’t just what makes the world go around; it is largely what makes each of us go around.

In Coined, Kabir Sehgal travels the world while presenting a multidimensional portrait of currency through the ages. He explores the origin of exchange in the Galapagos Islands, searches for hoards of coins from an ancient civilization in Bangladesh, and learns about the art that appears on money from coin collectors in Vietnam. He takes you from the vaults beneath the Federal Reserve in New York to a beehive where pollen can be understood as a natural form of exchange. He details the birth of money, to its place in our culture, to how the obsession for it can lead to death and destruction, all the while mixing engaging and entertaining stories from the front lines of global currency exchange with extensive, thoughtful research. The story of money is rich and varied because it is our story.

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Reviews

Walter Isaacson, bestselling author of Steve Jobs
A fascinating account that weaves together history, philosophy, and personal anecdotes. [Kabir Sehgal] provides insights that are both riveting and thought-provoking
Muhammad Yunus, Nobel Peace Prize Laureate and founder of Grameen Bank
Kabir Sehgal has done us a great service in writing this book
Paul Volcker, former Chair of the Federal Reserve
Coined doesn't resemble any of the usual text books on money. For one thing, it's actually fun to read - and Kabir Sehgal will stimulate your thinking about our financial crisis and banking
Sheila Bair, former Chairman of the Federal Deposit Corporation
Well-written. Clever. Innovative. This amazing book will get you thinking about money in completely new ways. If you want to understand how money has impacted the human condition, for better or worse, and how it will continue to shape our behavior, read this book
William H. Rogers, Chairman & CEO, SunTrust Banks
An ideal book for anyone interested in understanding how money has impacted our world. [Kabir Sehgal's] thought provoking and impressive writing style makes this an enjoyable and educational read
Timothy Draper, Founding Partner, Draper Fisher Jurvetson
This book takes you through money, its history and its future. Kabir is brilliant. Read it
John Somerhalder II, Chairman & CEO, AGL Resources
This fresh and captivating book will make us rethink what money is and even how we corporate leaders make financial decisions
L. Randall Wray, Professor, Economics, University of Missouri-Kansas City and author of Modern Money Theory
In his excellent book, Kabir Sehgal entices the reader to think differently about money . . . By emphasizing the link between money and obligations, Sehgal develops a deeper understanding of the nature of the most important institution in our modern economy
Adam Braun, New York Times bestselling author and Founder of Pencils of Promise
Kabir Sehgal brings a much needed voice to the conversation about the role of money and meaning in our lives. This is a necessary and transformative read that you won't want to put down
Dr. Parag Khanna, Senior Fellow, New America Foundation, and author of The Second World and How to Run the World
With wide-ranging insights from anthropology to chemistry, the Akkadian Empire to Bitcoin, Sehgal deftly tells the past, present - and most importantly, the future - of money
Jesper Koll, Managing Director, Head of Japan Research, J.P. Morgan
Kabir Sehgal succeeds where most have failed. In a world where central banks have been printing record amounts of money only to find that money does not buy real growth and prosperity, Kabir re-creates true value, meaning and power that money has for our communities, nations and all humankind. This is a must read for anybody with a savings account or a credit card
Harvey G. Stack & Lawrence R. Stack, Founders, Stack’s Bowers Rare Coins
Coined is a difficult book to put down because almost every page contains history, facts, and stories about the world's economic growth, which will astound the reader . . . So many interesting and entertaining facts about money have not appeared before in one volume
Sir Richard Branson
The best things in life are free, but ever since civilization began money has had a profound impact on humanity. Kabir's book brings the story of currency to life and is worth spending a few of your hard-earned coins on
Jimmy Carter, Former US President
An exceptional examination of the history of money. Kabir has written an engaging narrative that spans thousands of years and introduces readers to important people who have impacted the chronicle of currency
Anat Admati, author of The Bankers New Clothes
Kabir Sehgal takes readers on a wide ranging, fascinating, and thought-provoking tour of the historical, economic, cultural, religious, political, artistic, religious, neurological and even futuristic story of money
Neil Barofsky, Former Inspector General of Troubled Asset Relief Program, and author of Bailout
In perhaps the most fun treatment of money since the Beatles, Kabir Sehgal takes us on a round-the-globe time-traveling tour of our favorite medium of exchange. After reading Coined, you'll never think of those pieces of metal jangling around in your pocket in quite the same way
Nomi Prins, Author of All the Presidents' Bankers and Senior Fellow at Demos
An enthralling, illuminating, page-turner of a character study about money and the way it has impacted humanity. Through his kaleidoscopic analysis of money through the ages and across the globe, Kabir Sehgal provides a highly original vision of money that transcends its value as a means of exchange and redefines it as a reflection of our minds, bodies and spirit
Daniel Altman, author of the international bestseller Outrageous Fortunes
A lively pastiche evoking money's many roles in our world
Financial Times Weekend
A fascinating read . . . Sehgal is a tireless and eloquent guide
Daily Mail
A tremendous analysis of what it is about money that makes the world go round