Politics April 1, 2016

What is money? Most economists wrestling with this question will invoke the classical definition: medium of exchange, unit of account, and store of value. Kabir Sehgal wouldn’t disagree. But he’s also eager for people to move beyond such a narrow definition and consider the deeper meanings of money. Sehgal, a vice president at JPMorgan, is obviously no stranger to the stuff. But in Coined, he’s less interested in accumulating money than in reveling in its mysteries, its curious status throughout history, and its central place in the human imagination. In this highly readable book, he offers an enthusiastic romp through