Description
The Age of Paper provides a comprehensive historical analysis of the transition to paper currency in Britain during a critical period of economic and social transformation. Hiroki Shin investigates how bank notes and communal currency systems emerged as essential financial instruments, reshaping the relationship between money, commerce, and society.
This Cambridge Studies volume explores the complex mechanisms through which paper money became embedded in British economic life, examining both institutional developments and everyday financial practices. The work addresses key questions about trust, credit, and monetary value during the Industrial Revolution and Napoleonic Wars era, when traditional metallic standards were challenged by new financial innovations.
Through detailed archival research and theoretical analysis, Shin demonstrates how the acceptance of paper currency reflected broader changes in British society, including urbanization, commercial expansion, and evolving attitudes toward financial risk and trust. The book appeals to historians, economists, and scholars interested in monetary history and the social dimensions of finance.
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