The ABC of Money

by Andrew Carnegie

From the days of farmer's bartering for bushels of corn to establishing the concept of credit, this practical guide gets at the root of the subject of money: why it exists and, more importantly, what money really is. THE ABC OF MONEY is an undiscovered gem offering a wealth of knowledge and Carnegie's shrewd philosophies on the subject - a fascinating look at the history of "debased coin" and "greenbacks," and the value of currency from one of the great American industrialists. ANDREW CARNEGIE (1835-1919) was an American industrialist and philanthropist. His previous works include "The Gospel of Wealth" (1889) setting forth his idea that rich men are "trustees" of their wealth and should administer it for the good of the public. Carnegie's benefactions (totaling about $350 million) included Carnegie Hall (1892) in New York City, the Carnegie Institution of Washington (1902), the Carnegie Hero Fund Commission (1904), the Carnegie Foundation for the Advancement of Teaching (1905), the Carnegie Endowment for International Peace (1910), and over 2,800 libraries.

Genres: Finance

40 pages, Kindle Edition

Published December 14, 2015

About the author

Scottish-born American philanthropist Andrew Carnegie amassed a fortune in the steel industry and donated millions of dollars for the benefit of the public.

He led the enormous expansion in the late 19th century. He built a leadership role for the British Empire. During the last 18 years of his life, he gave away $350 million (in 2011, $225 billion), almost nine-tenths, to charities, foundations, and universities. His article, proclaiming "The Gospel of Wealth," in 1889 called on the rich to use their wealth to improve society, and it stimulated a wave.

https://en.wikipedia.org/wiki/Andrew_...

Reviews

[Josh Finkel · Rating 3 out of 5]

Andrew Carnegie hated silver, so much so that Im beginning to think that he may have been a werewolf.

[Alyssa Bradbury · Rating 4 out of 5]

This is an informative and digestible short read that is mostly focused on the history of money, the world’s transition from bartering to metal coins, and the importance of gold.

[Renjith R · Rating 4 out of 5]

I wont usually blindly accept financial advices from people. Because they are telling the experiences of them acquired from their context. So, best is to think by including your experiences and blend the advice with it. In this book, I genuinely found some interesting factors which lead the real financial pathways. For instance, currency is just a concept which in fact has no value. If you want to posses real assets, grab Gold, Silver and Land. For long term it all worth it.

[Fan Marin · Rating 3 out of 5]

government view on coins/silver/gold

[Autumn Kearney · Rating 3 out of 5]

I liked this book because I liked Mr. Carnegie. What better way to show my appreciation for all that he did for our country than reading his book?