Summary:
The book explores the historical challenges and economic complexities of minting and managing small-denomination currency in Europe from the Middle Ages to the modern era. It examines the policies, debates, and innovations that shaped the provision and stability of small change, highlighting its impact on economies and societies.
Key points:
1. The book "The Big Problem of Small Change" examines the historical difficulty of providing enough small coins for daily use, highlighting the economic issues caused by a lack of stable small change due to production costs and hoarding.
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