Why did Money become a Government Monopoly? (HOM 2-B)

History of Money, Lecture 2, Pt. B: basic overview of the arguments in favor of money as a public good, and an introduction into the topics of seigniorage and coinage debasement. Includes a discussion of the Great Debasement of the English pound under King Henry VIII.
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Dr. Jonathan Barth received his PhD in history from George Mason University in 2014. He specializes in the history of money and banking in the early modern period, with corollary interests in early modern politics, empire, culture, and ideas. Barth is Associate Professor of History at Arizona State University and Associate Director of the Center for American Institutions at Arizona State University.
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