Have one to sell? Sell on Amazon
Flip to back Flip to front
Listen Playing... Paused   You're listening to a sample of the Audible audio edition.
Learn more
See this image

Good Money: Birmingham Button Makers, the Royal Mint, and the Beginnings of Modern Coinage, 1775-1821 Hardcover – July 14, 2008


See all 2 formats and editions Hide other formats and editions
Amazon Price New from Used from
Hardcover
"Please retry"
$18.99 $8.96

Customers Who Viewed This Item Also Viewed

NO_CONTENT_IN_FEATURE

Best Books of the Month
Best Books of the Month
Want to know our Editors' picks for the best books of the month? Browse Best Books of the Month, featuring our favorite new books in more than a dozen categories.

Product Details

  • Hardcover: 390 pages
  • Publisher: University of Michigan Press (July 14, 2008)
  • Language: English
  • ISBN-10: 0472116312
  • ISBN-13: 978-0472116317
  • Product Dimensions: 9.1 x 6 x 1.3 inches
  • Shipping Weight: 1.6 pounds
  • Average Customer Review: 4.7 out of 5 stars  See all reviews (3 customer reviews)
  • Amazon Best Sellers Rank: #1,361,217 in Books (See Top 100 in Books)

Editorial Reviews

Review

"In lucid, enjoyable, often humorous language, Selgin takes us from the 'dark satanic mills' to the backstreet haunts of the eighteenth-century counterfeiter and the private, legitimate mints, set up to address a problem the Royal Mint could or would not - the production of safe small change for the people. His cast of characters is large and auspicious: Thomas, Williams, James Watt, John Westwood, and Matthew Boulton. And Selgin's understanding of eighteenth-century economic theory and practice is absolute, allowing him to write with verve and clarity." - Richard Doty, Curator of Numismatics, Smithsonian Institution"

About the Author

George Selgin is Professor of Economics in the Terry College of Business at the University of Georgia.

More About the Author

Discover books, learn about writers, read author blogs, and more.

Customer Reviews

4.7 out of 5 stars
5 star
2
4 star
1
3 star
0
2 star
0
1 star
0
See all 3 customer reviews
Share your thoughts with other customers

Most Helpful Customer Reviews

27 of 27 people found the following review helpful By Ben Jones on August 4, 2008
Format: Hardcover
Despite it's seemingly specialized, historical subject, Good Money is really both very topical and very important. The story it tells--of private coinage during the Industrial Revolution--directly challenges the conventional wisdom that's at the foundation of all modern monetary systems, namely, the belief that only government's are fit to supply coins and paper money. Selgin shows that this was far from being the case in 18th-century England. There the government proved itself perfectly unfit to coin money, until private mints showed it how to do its job right! The story of how they designed the world's first successful industrial-scale coinage system, and of how the government ultimately put them out of business, is absolutely spellbinding! No one who reads it can ever look at a central bank or government-run mint without wondering how much better off the world might have been without it!
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
20 of 20 people found the following review helpful By Andrew Daubigny on September 4, 2008
Format: Hardcover Verified Purchase
The scene: Birmingham, England, in the steamy, sooty grip of the Industrial Revolution. George Selgin tells the "riveting" tale of a group of eccentric entrepreneurs who take on not only each other, but the Royal Mint and the British Crown in their bids to supply a burgeoning working class with desperately needed copper and silver coins. The result: a yarn as colorfully amusing as one of Dickens' more ambitious novels, but entirely true, and one that offers up an economics lesson to boot: namely, that good money really does drive out bad--that is, as long as governments stay out of it (as soon as they don't Gersham's Law kicks in). If you love a great story, if you adore larger-than-life characters, if you put a premium on fine prose, do yourself a favor and buy Good Money. It will be well worth yours.
2 Comments Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again
9 of 10 people found the following review helpful By Grant on January 11, 2009
Format: Hardcover Verified Purchase
Well researched and generally well written. Some of the middle chapters can get a little tedious with the historical detail lavished on the Soho Mint, but other than that it is a historical gem! All you ever wanted to know but were afraid to ask about the fascinating economic underpinnings of the Industrial Revolution and the cultural milieu within which it was rooted.
Comment Was this review helpful to you? Yes No Sending feedback...
Thank you for your feedback. If this review is inappropriate, please let us know.
Sorry, we failed to record your vote. Please try again