The Rôle of Money

Professor Frederick Soddy (1877-1956) was a distinguished English scientist, polymath and Nobel prize-winner. The learned world was prompt to admire his unique contributions to the study of physics and chemistry. But when he turned his gigantic intellect to the objective evaluation of the system of banking and the creation and distribution of money, his findings roused the ire of vested interests. He found himself rejected as a crank and his arguments dismissed without evaluation or refutation. The passage of time and the current financial crisis have brought belated recognition of his genius and wisdom. Anyone who wishes to understand money and all that depends on it should read the clear and powerful explanations given in this book.