---
product_id: 44469384
title: "Other People's Money: How Banking Worked in the Early American Republic (How Things Worked)"
brand: "sharon ann murphy"
price: "€ 56.30"
currency: EUR
in_stock: true
reviews_count: 5
url: https://www.desertcart.fi/products/44469384-other-peoples-money-how-banking-worked-in-the-early-american
store_origin: FI
region: Finland
---

# Other People's Money: How Banking Worked in the Early American Republic (How Things Worked)

**Brand:** sharon ann murphy
**Price:** € 56.30
**Availability:** ✅ In Stock

## Quick Answers

- **What is this?** Other People's Money: How Banking Worked in the Early American Republic (How Things Worked) by sharon ann murphy
- **How much does it cost?** € 56.30 with free shipping
- **Is it available?** Yes, in stock and ready to ship
- **Where can I buy it?** [www.desertcart.fi](https://www.desertcart.fi/products/44469384-other-peoples-money-how-banking-worked-in-the-early-american)

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- sharon ann murphy enthusiasts

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## Description

Other People's Money: How Banking Worked in the Early American Republic (How Things Worked)

## Images

![Other People's Money: How Banking Worked in the Early American Republic (How Things Worked) - Image 1](https://m.media-amazon.com/images/I/51FMPDCiCYL.jpg)

## Customer Reviews

### ⭐⭐⭐⭐⭐ Excellent introduction to the history of money and banking
*by P***D on November 21, 2023*

We tend to take for granted the use of money as a means of exchange, but with the rise of crypto currency and the like, the question of why we accept certain things, like dollar bills, as having value, i.e., we are willing to work to get them and others will accept them in exchange for goods and services, does not have an obvious answer. This book explores the fact that it was not so long ago that there were a plethora of bank notes issued by banks around the country, tied more or less loosely, to "specie," i.e. silver and gold coins. It is very helpful in setting this issue in context, and understanding the importance of the federal reserve system and the clearing house system for maintaining an orderly and reliable mechanism for commerce. Read Opium and Empire by Prof. Murphy's colleague Richard Grace to see how Britain was led into the opium wars by the need to sell products for specie, and the rise of negotiable bills of lading in international trade. Nicely done, Professor Murphy!

### ⭐⭐⭐⭐⭐ This is by far the best book Ive ever read on American economic history
*by K***N on February 27, 2018*

This is by far the best book Ive ever read on American economic history. The clarity of her written thought and explanation of our evolved complex financial structure is perfectly explained by Professor Murphy. I've never seen her on CNBC nor any writings in the WSJ. Slicing through all this modern era "Fed Speak" and data driven side shows helps a small investor understand how we got here; and where we are going. This author / Professor helps one create a so called world view - financial view of our current financial debt situation and formulate one's own investment strategy.I sleep better at night having read this book now at least twice.

### ⭐⭐⭐⭐⭐ Excellent book
*by C***S on March 6, 2020*

This book is an excellent, short history of banking and money in the US until after the Civil War. The subject is not nearly as dry as one might assume, and the author is a very clear and good writer. The pictures bolster the main text.

## Frequently Bought Together

- Other People's Money: How Banking Worked in the Early American Republic (How Things Worked)
- Crash!: How the Economic Boom and Bust of the 1920s Worked (How Things Worked)
- More Money Than God: Hedge Funds and the Making of a New Elite (Council on Foreign Relations Books (Penguin Press))

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*Product available on Desertcart Finland*
*Store origin: FI*
*Last updated: 2026-03-14*