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Wildcat Currency
How the Virtual Money Revolution Is Transforming the Economy

Edward Castronova

Private currencies have always existed, from notes printed by individual banks to the S&H Green Stamps to Bitcoin. Today’s economy has seen an explosion of new forms of monetary exchange not created by the federal government. Credit card companies offer points that can be traded in for a variety of goods and services, from airline miles to online store credit. Online game creators have devised new mediums of electronic exchange that turn virtual money into real money. Meanwhile, real money is increasingly going digital, where it competes with  private currencies like Bitcoin. The virtual and the real economic worlds are intermingling more than ever before, raising the possibility that this new money might eventually replace the government-r...


2014   288 pp.   -   Cloth ISBN: 9780300186130  $30.00

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Constructing Private Governance
The Rise and Evolution of Forest, Coffee, and Fisheries Certification
 



A Question of Balance
Weighing the Options on Global Warming Policies
 



Speed Limits
Where Time Went and Why We Have So Little Left
 



Forging Capitalism
Rogues, Swindlers, Frauds, and the Rise of Modern Finance
 



The Bet
Paul Ehrlich, Julian Simon, and Our Gamble over Earth's Future
 



Sustainable Lifestyles and the Quest for Plenitude
Case Studies of the New Economy
 



Philosophy of Economy
The World as Household
 



Run of the Red Queen
Government, Innovation, Globalization, and Economic Growth in China
 



The Citizen's Share
Reducing Inequality in the 21st Century
 



Hard Times
The Divisive Toll of the Economic Slump
 



Brazil
The Troubled Rise of a Global Power
 



Other People's Houses
How Decades of Bailouts, Captive Regulators, and Toxic Bankers Made Home Mortgages a Thrilling Business
 



A Changing Wind
Commerce and Conflict in Civil War Atlanta
 



When the Money Runs Out
The End of Western Affluence
 



Importing Poverty?
Immigration and the Changing Face of Rural America
 



Managing Labor Migration in the Twenty-First Century
 



Austerity
The Great Failure
 



Innovation Economics
The Race for Global Advantage
 



Why Nudge?
The Politics of Libertarian Paternalism
 



Spy Capitalism
ITEK and the CIA
 

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