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Coined

Coined

The Rich Life of Money and How Its History Has Shaped Us

A New York Times and Wall Street Journal Bestseller

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.

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Genre: Nonfiction / Business & Economics / Economic History

On Sale: March 6th 2020

Price: $17 / $19 (CAD)

Page Count: 368

ISBN-13: 9781455578511

What's Inside

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Praise

"Kabir Sehgal has tackled the topic of money and written a fascinating account that weaves together history, philosophy, and personal anecdotes. He provides insights that are both riveting and thought-provoking."—Walter Isaacson, bestselling author of Steve Jobs and President of the Aspen Institute
"Kabir Sehgal has done us a great service in writing this book. He has presented in this book everything that money has meant to people over the centuries and with a multidimensional perspective. He has prepared the ground for us to take it forward, to give new meaning to money, to assign it new roles in our lives, and imagine the future of money as a foundation upon which we can build the future of the world we all cherish. Thank you, Kabir."—Muhammad Yunus, Nobel Peace Prize Laureate, Founder of Grameen Bank (from foreword)
"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."—Jimmy Carter, Former US President
"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."—Paul Volcker, Former Chair of the Federal Reserve
"Coined is 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. His warning call to consider the risks societies face as they move from hard to soft (and increasingly electronic and invisible) money resonate particularly strongly in these tumultuous times."—Nomi Prins, Author of All the Presidents' Bankers and Senior Fellow at Demos
"Fascinating. Kabir Sehgal's Coined is a more than just a lively history of money, it is a richly rewarding excursion into the meaning of money."—David Tripp, award winning author ofIllegal Tender, and former member of the Citizens Coinage Advisory Committee
"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."—Sheila Bair, Former Chairman of the Federal Deposit Corporation
"Kabir Sehgal has created an ideal book for anyone interested in understanding how money has impacted our world. His thought provoking and impressive writing style makes this an enjoyable and educational read."—William H. Rogers, Chairman & CEO, SunTrust Banks
"Money talks! Money started with trading shells and now it moves around the world like sand. We are about to go through a change in money that will make it as liquid as water. Behold Bitcoin. This book takes you through money, its history and its future. Kabir is brilliant. Read it and get liquid."—Timothy Draper, Founding Partner, Draper Fisher Jurvetson
"As the CEO of a public company, it is easy to develop a narrow view of money, as primarily an instrument to measure economic performance. But in Coined, Kabir Sehgal gives us a more panoramic look at this absorbing subject. This fresh and captivating book will make us rethink what money is and even how we corporate leaders make financial decisions."—John Somerhalder II, Chairman & CEO, AGL Resources
"In his excellent book, Kabir Sehgal entices the reader to think differently about money. For the novice, he connects the dots, introducing money from a variety of perspectives: economics, anthropology, history, and even biology. For the academic expert, he provides a powerful antidote to the conventional view that money is simply a handy medium of exchange. 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."—L. Randall Wray, Professor, Economics, University of Missouri-Kansas City and author ofModern Money Theory
"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."—Adam Braun, New York Times bestselling author and Founder of Pencils of Promise
"The exchange of money is perhaps the most universal and permanent, but also living and dynamic, human practice. 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."—Dr. Parag Khanna, Senior Fellow, New America Foundation, and author of The Second World and How to Run the World
"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."—Jesper Koll, Managing Director, Head of Japan Research, J.P. Morgan
"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. As we read the book, we became more aware of how different parts of the world adopted a monetary system. We enjoyed the many fantastic and revealing anecdotes within the text. So many interesting and entertaining facts about money have not appeared before in one volume. If you like knowing more about money and numismatics, might we suggest that 'you buy the book before you buy the coin.'"—Harvey G. Stack & Lawrence R. Stack, Founders, Stack's Bowers Rare Coins
"Numismatists study rare coins, often very carefully under magnification. Kabir Sehgal's book will be a great addition to any collector's library as it tells the place that coins and other monetary instruments have in world history-a rich panorama of events."—David Bowers, Former President, Professional Numismatists Guild & American Numismatic Association, Former Co-Chairman of Stack's Rare Coins
undefined—Daniel Altman, author of the international bestseller Outrageous Fortunes: The Twelve Surprising Trends That Will Reshape the Global Economy
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