"One of Bloomberg’s Best Books of 2016"

"One of Financial Times (FT.com) Best Economics Books of 2016"

"Honorable Mention for the 2017 Ralph Gomory Prize, Business History Conference"

"It is a fascinating thesis, brilliantly illuminated by scores of vivid examples, generously illustrated with a wealth of pictures, comprehensive in its geographical and temporal scope, and in my view almost entirely convincing."---Felix Martin, New York Times Book Review

"In Money Changes Everything, Mr. Goetzmann draws on objects in Yale's extensive historical collections to tell his exciting story. . . . His excitement with such artifacts is palpable."---Edward Chancellor, Wall Street Journal

"[A]n accessible survey that does a fine job of reallocating past, present, and future." ― Kirkus

"Let me say simply that everyone who is curious about the history of finance will be richly rewarded by reading this book."---Linda Jubin, Investing.com,

"Money Changes Everything is . . . A tactile and visual history. It is rich with illustrations, and often reported from ground level as Goetzmann travels to dusty European archives or to sites of historical financial significance. . . . Goetzmann's careful, brick-by-brick approach to financial history convincingly makes the case that finance is a change-maker of change-makers."---Pietra Rivoli, Financial Times

"In the fallout from the Great Recession, it's been commonplace to vilify those working in the financial-services industry. But Goetzmann argues that finance is a worthwhile endeavor, beyond just earning a ton of money: Its innovations have made the growth of human civilization possible."---Bourree Lam, TheAtlantic.com,

"Full of fascinating nuggets and extremely well researched."---Tim Harford, Undercover Economist

"A remarkable work of synthesis and scholarship, the book affords a deep perspective to anyone trying to grapple with current problems in the role of finance and financial regulation in a civilized society."---Elie Canetti, Finance & Development

"Its strength is the effort it makes to set money not only in its economic context, but also in its wider social and cultural setting."---Warwick Lightfoot, Financial World

"[A] fascinating book."---Martin Wolf, Financial Times

"[A] magnificent history of money and finance." ― Minneapolis Star Tribune

"Money Changes Everything is a treasure, unequalled in scope, unparalleled in depth of insight. . . . This is a must-read for anyone in finance or who wants to find out what it's about." ― Financial Post

"A most pertinent and brave publication. . . . This hefty, worthy book, really is a historical eye-opener." ― David Marx Book Reviews

"A panoramic historical sweep packed with interesting nuggets. . . . All very enjoyable, and I'd say essential for anyone interested in financial history." ― Enlightened Economist

"Money Changes Everything is altogether a splendid book."---Mark Gamin, D&O Diary

"Rigorously researched and extremely enjoyable to read, Money Changes Everything enhances investors' understanding of contemporary markets."---Bruce Grantier, Financial Analysts Journal

"William Goetzmann's Money Changes Everything is a thorough look at finance and world history, a 5,000-year journey that demonstrates the pivotal role of free market capitalism in building nations and serving human interests." ― Washington Free Beacon

"Goetzmann offers an extraordinarily wide-ranging and thorough investigation of financial activity from earliest times to the present day, and his enthusiasm for the subject and his lively writing style make the topic much more engaging than one might expect. The immense breadth of his research means that every reader, no matter how expert in history or finance, will learn much. . . . The book has something for everyone."---Peter Acton, Australian Book Review

"The book is replete with fascinating historical tales and figures, including an option payoff diagram developed by Henri Lefèvre in the mid-1800s. Well-written and engaging, Goetzmann's book is a wonderful resource for those interested in learning more about the historical role of finance and its potential for addressing future challenges." ― Choice

"Goetzmann weaves his expertise in finance, architecture, archaeology, sinology, and art history into a wonderfully rich tapestry. Goetzmann's enthusiasm for his topic is infectious. . . . Goetzmann has written a wonderfully erudite book in a way which is accessible to a wide audience. This book should be compulsory reading for all finance professionals and anyone with an interest in economics, finance, or history. If you want to understand how money changes everything, then Goeztmann's magnum opus is a must-read."---John D Turner, Economic History Review

"This fascinating book rehabilitates finance by examining its 5,000 years of history."---Martin Wolf, Financial Times

"No one book can capture all there is to know about financial history. But Money Changes Everything comes awfully close to a comprehensive review of financial infrastructure. . . . The intersection of war, nation-building, finance, mathematics, and even art is given exhaustive analysis in this book. . . . Goetzmann's work is a fascinating tour through the history of currency, finance, probability, and risk."---David R. Henderson, Regulation

"Subtitled ‘how the development of finance over thousands of years enabled the growth of civilisation', this is a fascinating book of magisterial scope, which must surely be the definitive history of the topic, beginning as it does with the Sumerians and bringing the analysis right up-to-date. . . . The tremendous value of this book lies in its broad historical sweep that enables readers to understand the present in the light of past history."---David Lorimer, Paradigm Explorer

"[A] magisterial survey. . . . From Mesopotamia, where the first financial contracts were invented, to the complexities of modern financial architecture--a period of almost 6,000 years--Professor Goetzmann brings this fascinating story to life in an absorbing account of the long, rich, and inseparable connection between money and human civilisation."---Mark Donoghue, Singapore Review of Books

"The title of William Goetzmann’s book states: 'Money changes everything.' This much rings true, and it probably is. Goetzmann’s volume offers compelling evidence in support of the thesis stated in the title from a variety of interesting, informative and illustrative cases in world history."---Giorgio Baruchello, European Legacy

"Only William Goetzmann―an archaeologist, art historian, and esteemed finance scholar―could have produced this masterful exploration of money and investing through the ages. Money Changes Everything is at once deep, broad, sweeping, and gorgeously illustrated. It is a book that readers will savor and refer to again and again."―William Bernstein, author of A Splendid Exchange: How Trade Shaped the World

"Money is the greatest invention since the wheel. In this masterwork, Money Changes Everything, William Goetzmann traces money's role from prehistoric times to the present, showing how civilizations developed on a bedrock of financial transactions. A beautifully written and compelling book."―Elroy Dimson, University of Cambridge and London Business School

"In Money Changes Everything, readers learn a tremendous amount about the core ideas of finance. William Goetzmann uses a vast range of historical examples to explain why the evolution of finance and civilization are inseparable."―Robert J. Shiller, Nobel Laureate in Economics

"In this engaging book, William Goetzmann, a modern Renaissance man, demonstrates that throughout recorded history, the power of financial technologies has improved human existence. Like other technologies, financial innovations can sometimes be disruptive. Goetzmann, however, shows us that much of the time, these innovations propel economic progress and expand individual opportunities."―Richard Sylla, Stern School of Business, New York University

"If anyone had told me that someone could write coherently and intelligently about Karl Marx, cuneiform tablets, the South Sea bubble, the opium trade, and David's painting Death of Marat between a single set of covers, I would have shaken my head in disbelief. This book accomplishes precisely this. Money Changes Everything does nothing less than to think through the contribution of finance to modern civilization. A thrilling read."―Hans-Joachim Voth, University of Zurich

"Ranging from early civilizations to the present day and moving from the Fertile Crescent to our current global society, this book contains a wealth of interesting observations about the history of finance. Readers will be attracted by the genial tone and tales of personal discovery."―Peter Temin, Massachusetts Institute of Technology

"This is a long-term history of the development and importance of financial technologies and institutions. A useful synthesis that brings together primary materials, the book argues that financial systems provide the means for advancing civilization."―Graham Oliver, Brown University