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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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116 books to browse, currently displaying 1-20
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The Citizen's Share
Reducing Inequality in the 21st Century
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Other People's Houses
How Decades of Bailouts, Captive Regulators, and Toxic Bankers Made Home Mortgages a Thrilling Business
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Managing Labor Migration in the Twenty-First Century
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Innovation Economics
The Race for Global Advantage
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Spy Capitalism
ITEK and the CIA
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Captive Audience
The Telecom Industry and Monopoly Power in the New Gilded Age
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The Citizen's Share
Putting Ownership Back into Democracy
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Talent Wants to Be Free
Why We Should Learn to Love Leaks, Raids, and Free Riding
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The Cost Disease
Why Computers Get Cheaper and Health Care Doesn't
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The Electronic Silk Road
How the Web Binds the World Together in Commerce
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The American Illness
Essays on the Rule of Law
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Freedom to Harm
The Lasting Legacy of the Laissez Faire Revival
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Mutiny and Its Bounty
Leadership Lessons from the Age of Discovery
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The Daily You
How the New Advertising Industry Is Defining Your Identity and Your Worth
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Captive Audience
The Telecom Industry and Monopoly Power in the New Gilded Age
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Restoring the Power of Unions
It Takes a Movement
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The Network Is Your Customer
Five Strategies to Thrive in a Digital Age
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Better Capitalism
Renewing the Entrepreneurial Strength of the American Economy
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The Cost Disease
Why Computers Get Cheaper and Health Care Doesn't
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The Familiarity of Strangers
The Sephardic Diaspora, Livorno, and Cross-Cultural Trade in the Early Modern Period
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