Archive for July 27, 1997

D: The Roots of Money

There are about twenty modern nations whose currency is called the "dollar." The word apparently derives from "taler," which in turn comes from "Joachimsthal," the name of a place in Bohemia where the taler (a silver coin) was created—with the "-thal" part presumably meaning "valley." (The modern German spelling, by the way, has been changed […]