The Making of National Money – Territorial Currencies in Historical Perspective
The Making of National MoneyTerritorial Currencies in Historical Perspective\nAuthor(s): Eric Helleiner\nFormat: Hardback\nPublisher: Cornell University Press, United States\nImprint: Cornell University Press\nISBN-13: 9780801440496, 978-0801440496\nSynopsis\nWhy should each country have its own exclusive currency? Eric Helleiner offers a fascinating and unique perspective on this question in his accessible history of the origins of national money. Our contemporary understandings of national currency are, Helleiner shows, surprisingly recent. Based on standardized technologies of production and extraction, territorially exclusive national currencies emerged for the first time only during the nineteenth century. This major change involved a narrow definition of legal tender and the exclusion of tokens of value issued outside the national territory. \""Territorial currencies\"" rapidly became bound up with the rise of national markets, and money reflected basic questions of national iden.
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