Wampum illustration

Wampum was Massachusetts’ First Legal Currency

First Nations' seashell-derived wampum was Massachusetts' first legal currency, used as currency throughout northeastern America into the 19th century.
currency

How Political Events Change Currency Value

What causes shifts in currency after a political event is, essentially, human expectations.
The English lion dismember'd or the voice of the public for an enquiry into the public expenditure.

Paper Money Rebellion

The Currency Act of 1764 returned the restrictions of 1751: banning colonists from printing their own legal tender bills.
Gold Coins

The Gold Standard is Bad Economics

Why, in the face of international economic ruin, did so many countries persist in maintaining the gold standard leading up to the Great Depression?

The Divisive Euro

In 1997, an economist looked at divided opinions about the Euro years before the currency was introduced.