The Origins Of Money By Frederic L. Pryors Essay

The Origins Of Money By Frederic L. Pryors Essay

Length: 1182 words (3.4 double-spaced pages)

Rating: Better Essays

Open Document

Essay Preview

The history of money has long been a topic that many anthropologists and economists have debated about. While anthropologists may have their own theories regarding the steps that humans took towards creating the idea of money, economists hold their own view. In the second unit of “Making Money”, these very topics are discussed in depth as students begin to learn the various theories regarding what could have predated money and the evidence associated with each theory. Over the course of the unit “Why did money begin”, there were two lectures and readings; these lectures and readings were all closely interrelated, sharing many of the same theories and findings to arrive at an answer to the overarching question of the unit: “Why did money begin?”. As such, the purpose of this essay will be to examine each part of the second unit in depth and discuss summarily the questions, ideas, issues and answers brought forth by each author and speaker.

In Frederic L. Pryors’s essay “The Origins of Money”, Pryor discusses several propositions about the origins of money by analyzing many different societies around the world with similar economic development statuses. Pryor goes on to discuss in detail the underlying subjects relating to the origins of money; such as the definition of money, different anthropological and economical views regarding money’s origin and the function of both commercial and non-commercial payments in societies. Pryor concludes his essay by stating that in reality it is still unknown what exactly the exact origin of money is, and further implies that the dogmatic way in which many experts also study this topic and present their opinion without taking into consideration other experts opinions or views is not needed (Pry...


... middle of paper ...


...appearance by him in a lecture he could really enlighten the minds of students and provide another prospective about the origins of money that our course materials cannot.

The second unit provided students with a topic that is quite cumbersome to understand: “the origins of money”. Through the readings and lectures of the unit, students attained much knowledge that undoubtedly enhanced their thought process when they think about where money came from and what it truly means. Speakers and authors throughout the unit provided thoughtful, educated and reasoned opinions that explained the different ideas both economists and anthropologists have about the origin of money. Without listening to speakers in lecture and reading the well crafted articles of the unit, it certainly would not be possible to attain such valuable knowledge about the origins of money in the world.

Need Writing Help?

Get feedback on grammar, clarity, concision and logic instantly.

Check your paper »

Essay about Harold Frederic's Damnation of Theron Ware

- Science and Scientists in Harold Frederic's Damnation of Theron Ware In The Damnation of Theron Ware, Harold Frederic uses the character of Dr. Ledsmar to represent science and the modern, scientific world-view, as a counter to the other archetypal world-views in the story: that of the Church in the priest Father Forbes, a quasi-pagan Hellenistic attitude of Celia, and the unstable Protestantism of Theron Ware. Like the very unique Father Forbes, an unusual priest indeed, Dr. Ledsmar is characteristic of a certain popular image of science that is frequently found in fiction, the isolated and eccentric crank, an unfeeling and driven by a need to take some kind of truth from Nature by fo...   [tags: Harold Frederic Damnation of Theron Ware]

Better Essays
1916 words (5.5 pages)

Money Is Money, Money ! Essay

- Money, Money, Money. The world revolves around the idea that a piece of flimsy paper holds value. Those of us who deny that it has any true value, still must face the fact that in order to survive, without resorting to means of stealing and violence, we must learn how to use money. In today 's world people must be able to spend and save smartly in order to develop financial stability. Prices have risen and expenses for college have risen dramatically. In 1990 the minimum wage was $3.80 and college tuition for a four year public institution is $20,972....   [tags: Full-time, High school, Money, Part-time]

Better Essays
1020 words (2.9 pages)

Essay on Government Monetary Authorities And Its Origins

- The public’s understanding of what money is and its origins has ‘developed to the point where the government monetary authorities can now inflate with impunity’ (Carl, 2009:7), currency can be any form if backed by trust and understanding of it being a commodity that can be used to buy and sell things. The exchange is decided by individuals as what is to be traded as money, whether it is currency or a cigarette- based currency system that is commonly used within prisons. Trust is the basis of a currency system where all participators agree on the amount and what a particular thing is worth; money is essentially needed for the exchange of goods and services....   [tags: Money, Electronic commerce, Currency]

Better Essays
1206 words (3.4 pages)

Taoism’s Historical Origins and Leaders Essay

- Taoism is an ancient Chinese religion, a religion of peace focused on universal balance. The religion itself, though generally surviving today, was almost entirely wiped out in ancient times. Taoism’s primary symbol is still visible on the global market in modern times, though it tends to carry somewhat different meanings then it necessarily did previously. An incredibly life-structure oriented religion, it has permeated through society and is more easily understood through analysis of Taoism’s historical origins and leaders, its types and beliefs, ethics, and the modern influences of Taoism on society....   [tags: Historical Origins, Culture]

Better Essays
1754 words (5 pages)

The Law, By Frederic Bastiat 1850 Essay

- The use of legal plunder is centuries old and a part of most economy around the world. as told by the author of “ The Law” Frederic Bastiat 1850. In the book the author gives the definition of Plunder as “ the transfer of a portion of wealth from the person who owns it-without his consent and without compensation, and whether by force or by fraud- to anyone who does not own it.”(pg20) He also defines legal plunder as “ Takes from some persons what belongs to them and gives it to other persons to whom it does not belong.” (pg20)These are two very strong definitions explaining how in some governments....   [tags: Federal government of the United States]

Better Essays
1506 words (4.3 pages)

Essay about Frederic Henry: Code Hero

- A Hemingway Code Hero is a trait that almost every main character of Ernest Hemingway’s novels possesses. According to Hemingway, a Code Hero is a man (or woman) who lives correctly and demonstrates respect for honor and courage during a chaotic and stressful world. There is a particular pattern to how a Code Hero conducts his or her life on a day to day basis. In the novel A Farewell to Arms, Frederic Henry is the Code Hero because fate is a determining role in his life’s events, he lives in the here and now, and he shows grace under pressure....   [tags: Character Analysis]

Better Essays
847 words (2.4 pages)

Bitcoin : The Future Of Money Essay

- Michael Rodriguez James Maughn English 1A 20 May 2015 bitcoin fantasy The Nation. ARE DIGITAL CURRENCIES THE FUTURETHE FUTURE OF MONEY. BY DOUG HENWOOD What’s being touted in some circles as the future of money looks hardly more peaceful than its past. Bitcoin, a formerly obscure cybercurrency, is now all over the headlines with reports of bankruptcies, thefts and FBI lockdowns. If our fate is to buy and sell in bitcoins, this instability is troubling. But despite the headlines, the triumph of Bitcoin and related cyber-currencies is a lot less likely than recent commentary would suggest....   [tags: Money, Currency, United States dollar]

Better Essays
2950 words (8.4 pages)

Personal Note On Money And Money Essay

- A lot of my friends struggling with money, it is difficult for them to go out with family and friends to have fun and do things other than eat and hang out on campus and go on trips during Winter and Spring breaks. Luckily, I have my extra loan money. If I did not have this money, I have no idea how I would be able to go out and have fun. Sure, I am borrowing the money but for the moment I am able to go out and have fun. I am not limited to go out to eat, go do fun things with family and friends, or to go shopping on the weekends....   [tags: Debt, Interest, Loan, Money]

Better Essays
1394 words (4 pages)

European Origins of American Conservative and Liberal Ideologies Essay

- This analysis begins by answering the first question that may come to mind when discussing modern American political ideologies and how they evolved from European origins; What American political ideologies have European origins. Liberalism was the first (modern) ideology to emerge from Europe (England) as a result of a short but ultimately successful challenge to royal authority which changed its focus of attention from the question of the duties owed to kings and eventually led to the development of the original concept of liberalism....   [tags: Modern American Ideologies, European Origins]

Better Essays
1257 words (3.6 pages)

Frederic Chopin Essay

- Frederic Chopin Frederic Chopin, the Polish composer and pianist, was born on March 1,1810, according to the statements of the artist himself and his family, but according to his baptismal certificate, which was written several weeks after his birth, the date was 22 February. His birthplace was the village of Zelazowa Wola, part of the Duchy of Warsaw. The musical talent of Frederic became apparent extremely early on, and it was compared with the childhood genius of Mozart. Already at the age of 7, Frederic was the author of two polonaises, the first being published in the engraving workshop of Father Cybulski....   [tags: Composer Biography Papers]

Better Essays
2247 words (6.4 pages)