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Bless 'em for trying,runescape gold but you know it's all a bit Mickey Mouse when the Isle of Man sports its own national team which wins a gold for men's scratch cycling -rs gold whatever the hell that is!Articles of Interest Articles in News Business WireThailand extend SEA... SEA Games: All gold...The Ten Best Laptop bagsrunescape goldMore ? We all know the orthodox story about the origins of coins. A commodity money functioning as a medium of exchangers gold
replaced inconvenient barter. Eventually, societies settled on precious metals due to their inherent characteristics (highrunescape goldvalue-to-weight, divisibility, and so on) and later began stamping them to indicate fineness and to reduce counterfeiting. Atrunescape moneythe same time, it has long been established that the first coins were issued in Lydia and East Greece, probably no earlierrs gold
than the third or fourth quarter of the seventh century BC. The dating is puzzling, because we also know that money, local runescape goldmarkets, long-distance trade, and even complex financial instruments existed for several thousands of years before coins wererolex replicainvented. If precious metal coins were indeed invented to reduce transaction costs, one wonders why it took so long for
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important to the Greek world and perhaps to the Roman world, they played a relatively unimportant role throughout most of
European history-with bills of exchange far more important for long-distance trade and with tally sticks or entries on
merchant ledgers sufficient to finance domestic trade (a point confirmed by recent scholarship, such as that of McIntosh
1988). Unfortunately, economists-even institutionalists-have paid far too little attention to this paradox.
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COINS, BODIES, GAMES, AND GOLD. By Leslie Kurke. Princeton, New Jersey: Princeton University Press, 1999. Pp. xxi, 385.
$65.00 cloth/$29.95 paper. ISBN 0-691-01731-X/ISBN 0-691-00736-5.
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IS it me, or are the Commonwealth Games the biggest non-event of the year? I heard one excited sports commentator say the
other day that Britain was doing brilliantly in the medal stakes. Articles in Business
Well of course we are, because there's no America, no China and no Russia and we're competing against such sporting greats as
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