Sterling: The History of a Currency is both an account of the global impact of currency throughout the second millennium and primer in financial history and theory." "Mayhew traces the path of sterling from its genesis around 1080, during the rule of William the Conqueror, through latter-day struggles to hold its own amidst the global retreat from precious metals standards and the still-developing Euro. Tales of laborers and merchants interweave with those of knights and kings to reveal the social fabric of European society in 1500. Passages from Adam Smith's 1776 classic The Wealth of Nations outline early but fundamental principles of banking. The dramatic increase in the early nineteenth-century supply of sterling, accompanied by its equally dramatic fall in value, is explored, and the evolution of money from silver and gold through paper, plastic, and electronic impulses is contrasted with social movements that have changed our need for, and relationship with, money." "Whether you are a student of finance, history, psychology, or sociology, Sterling will leave you with a new appreciation for the central role a currency plays in the development of a nation.

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