This is part 2 of my response to George Selgin’s post here:George Selgin, “‘Lord Keynes’ contra White on the Beginnings of Coinage,” Alt-M Ideas for an Alternative Monetary Future, August 30, 2017.Selgin refers to various new data from the past 20 years or so, and much of the new evidence was presented at a conference called “White Gold: Revealing the World’s Earliest Coins,” held from 25–26th June, 2012 (International Congress at Israel Museum, Jerusalem).Wartenberg (2017), for instance,...
Read More »Reply to Selgin on the Origin of Electrum Coinage, Part 1
George Selgin replies to my post here in the following critique:George Selgin, “‘Lord Keynes’ contra White on the Beginnings of Coinage,” Alt-M Ideas for an Alternative Monetary Future, August 30, 2017.You can follow the complete debate in these posts as follows: Larry White, “Why the ‘State Theory of Money’ doesn’t explain the Coinage of Precious Metals,” Alt-M Ideas for an Alternative Monetary Future, August 24, 2017.“Larry White on the Origins of Coined Money: A Critique,” August 26,...
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