The ABC of Money: Including, the Gospel of Wealth and the Way to Wealth
Jul 2008 · Cosimo, Inc.
Ebook
68
Pages
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About this ebook
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. BENJAMIN FRANKLIN (1706-1790) composed "The Way to Wealth" composed this essay for the twenty-fifth anniversary issue of Poor Richard's Almanac, the first issue of which, under the fictitious editorship of "Richard Saunders," appeared in 1733. Franklin brought together the best of his maxims in the guise of a speech by Father Abraham. Though it is frequently reprinted as "The Way to Wealth," it is also know by earlier titles: Poor Richard Improved and Father Abraham's Speech.
About the author
One of 17 children, Benjamin Franklin was born in Boston on January 17, 1706. He ended his formal education at the age of 10 and began working as an apprentice at a newspaper. Running away to Philadelphia at 17, he worked for a printer, later opening his own print shop. Franklin was a man of many talents and interests. As a writer, he published a colonial newspaper and the well-known Poor Richard's Almanack, which contains his famous maxims. He authored many political and economic works, such as The Way To Wealth and Journal of the Negotiations for Peace. He is responsible for many inventions, including the Franklin stove and bifocal eyeglasses. He conducted scientific experiments, proving in one of his most famous ones that lightning and electricity were the same. As a politically active citizen, he helped draft the Declaration of Independence and lobbied for the adoption of the U.S. Constitution. He also served as ambassador to France. He died in April of 1790 at the age of 84.
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