For ages, money has meant little metal disks and rectangular slips of paper. Yet the usefulness of physical money—to say nothing of its value—is coming under fire as never before. Intrigued by the distinct possibility that cash will soon disappear, author and Wired contributing editor David Wolman sets out to investigate the future of money…and how it will affect your wallet.
Wolman begins his journey by deciding to shun cash for an entire year—a surprisingly successful experiment (with a couple of notable exceptions). He then ventures forth to find people and technologies that illuminate the road ahead. In Honolulu, he drinks Mai Tais with Bernard von NotHaus, a convicted counterfeiter and alternative-currency evangelist whom government prosecutors have labeled a domestic terrorist. In Tokyo, he sneaks a peek at the latest anti-counterfeiting wizardry, while puzzling over the fact that banknote forgers depend on society’s addiction to cash. In a downtrodden Oregon town, he mingles with obsessive coin collectors—the people who are supposed to love cash the most, yet don’t. And in rural Georgia, he examines why some people feel the end of cash is Armageddon’s warm-up act. After stops at the Digital Money Forum in London and Iceland’s central bank, Wolman flies to Delhi, where he sees first-hand how cash penalizes the poor more than anyone—and how mobile technologies promise to change that.
Told with verve and wit, The End of Money explores an aspect of our daily lives so fundamental that we rarely stop to think about it. You’ll never look at a dollar bill the same again.
Review
“A brightly written exploration of all things monetary…The breeziness and anecdotal format is pleasurable…The book is both entertaining and provocative, and no reader will get to the end without—perhaps for the first time—thinking about what’s in their wallet.”
CBC News (website) (Canada), 4/13/12
“Full of critical thinking about cash and economies.”
Midwest Book Review, April 2012
“From a history of the invention and rise of physical money to the evolution of paperless alternatives and cross-cultural influences on cash today, this pairs history with insights from a range of individuals who see the option of a ‘cashless society’ as either a big pro or a big con. Any collection strong in economics and money issues will find this an intriguing survey of what will happen to counterfeiters and others in the coming cashless society.”
San Francisco Book Review / Sacramento Book Review, 4/18/12
“Several policy questions can be asked after reading this brilliant book…Invaluable end-of-chapter notes and bibliography make this study a good starting point for those seeking further research and writings on money.”
About the Author
David Wolman is a contributing editor at Wired. He has written for such publications as Outside, Mother Jones, Newsweek, Discover, Forbes, and Salon, and his work appeared in Best American Science Writing 2009. A former Fulbright journalism fellow in Japan and graduate of Stanford University’s journalism program, he now lives in Portland, Oregon, where he received a 2011 Oregon Arts Commission Individual Artist Fellowship. His previous books are A Left-Hand Turn Around the World and Righting the Mother Tongue.
Product details
- Full PDF Book Included
- Full Audiobook MP3 Format
- Print Length: 286 pages
- Publisher: Da Capo Press; Reprint edition (August 13, 2013)
- Language: English
- ISBN-10: 0306821478
- ISBN-13: 978-0306821479