The Museum of American Finance Newsletter for September 25, 2025 highlights two recent books on the nature and future of money. See also the article on Tally Sticks elsewhere in this issue for another look at the ancient creation of money.
-Editor
In The Almightier, journalist Paul Vigna uncovers the forgotten history of money, tracing the uneasy and often accidental alliance between wealth and religion as it developed from ancient city-states to today's secular world, where religious devotion has receded and greed has stepped in to fill the void. Through engaging anecdotes, original research, and fresh perspectives on the causes of the many challenges we face today, Vigna makes a compelling argument that money has no power apart from the power we give it.
For more information, or to order, see:
The Almightier
(https://us.macmillan.com/books/9781250343284/thealmightier/)
The Almightier: How Money Became God, Greed Became Virtue, and Debt Became Sin
(https://www.amazon.com/Almightier-Money-Became-Greed-Virtue/dp/1250343283)
In Making Money Work: How to Rewrite the Rules of Our Financial System, Matt Sekerke and Steve H. Hanke deliver a rigorous and fascinating exploration of the monetary economy. You'll find a detailed and clear roadmap of how and why fiat money is created and destroyed, its connections to the broader economy, and the objective mechanisms that underwrite and maintain its value.
In their exploration, Sekerke and Hanke solve many problems and puzzles and shed light on several important questions...
For more information, or to order, see:
Making Money Work: How to Rewrite the Rules of Our Financial System
(https://www.wiley.com/en-us/Making+Money+Work%3A+How+to+Rewrite+the+Rules+of+Our+Financial+System-p-9781394257270)
Making Money Work: How to Rewrite the Rules of Our Financial System
(https://www.amazon.com/Making-Money-Work-Rewrite-Financial/dp/1394257260)
Wayne Homren, Editor
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