A GREAT IDEA AT THE TIME - THOMAS J. SARGENT, FRANCOIS R. VELDE, JACEK LANG

A captivating analysis of the evolution of money and the challenges associated with monetary systems. This book takes the reader on a fascinating journey through the history of economics, showing how our perceptions of the value of money and the mechanisms of its functioning have changed. The authors thoroughly analyze the difficulties in creating stable monetary systems and their impact on society and the economy. This is a must-read for anyone who wants to understand the foundations of the modern financial world.

• In-depth analysis of historical monetary systems
• Explanation of the evolution of the definition of money
• Insightful look at the problems associated with small coins
• Description of solutions and conclusions regarding monetary and fiscal issues
• Accessible language for a wide audience
• Rich source of knowledge about economics and finance
• Current perspective on contemporary monetary challenges

The book "A Great Idea at the Time" is the result of the work of outstanding economists who explore the secrets of monetary systems with passion and commitment. The authors, Thomas J. Sargent, Francois R. Velde, and Jacek Lang, present a comprehensive analysis of the problems related to money, from its origins to the present day. This publication is an invaluable source of knowledge for students, economists, historians, and anyone interested in the functioning of the economy.

This publication is a unique combination of economic theory and practical examples, which allows the reader to better understand the topics discussed. The authors analyze in detail the role of small coins in the monetary system, their impact on inflation, deflation, and the financial stability of the state. In addition, the book contains numerous references to history, which allows monetary problems to be placed in a broader social and political context.

"A Great Idea at the Time" is a position that will surely interest anyone who wants to expand their knowledge of economics and finance. The authors present complex issues in an accessible and understandable way, based on rich scientific experience, which makes this book an extremely valuable and informative read. This is a must-read for anyone who wants to understand the foundations of the modern world of finance and economy.

Wydawnictwo Naukowe PWN, known for publishing high-quality scientific literature, presents readers with a work that will certainly contribute to deepening knowledge about economics and finance. This book, based on solid theoretical and practical foundations, is a valuable source of information for anyone who wants to understand the complexity of the modern financial world.