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Money: Myths, Truths and Alternatives | Mellor, Mary

1 post | 1 read

What does money mean? Where does it come from and how does it work? In this highly topical book, Mary Mellor, an expert on money, examines money’s social, political and commercial histories to debunk longstanding myths such as money being in short supply and needing to come from somewhere. Arguing that money’s immense social value means that its creation and circulation should be a matter of democratic choice, she sets out a new finance system, based on green and feminist concerns, to bring radical change for social good.

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Money: Myths, Truths and Alternatives | Mellor, Mary

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Mary Mellor is Emeritus Professor in Social Sciences at Northumbria University. In this informative, easy-to-follow book she examines and debunks many of the myths surrounding money as a concept. However while I found her convincing on myths surrounding the origins, development and functions of money, she was less so on money as a public resource and democratic right as she doesn‘t acknowledge the downsides of that theory, e.g. hyperinflation.

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