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A Brief History of EntrepreneurshipThe Pioneers, Profiteers, and Racketeers Who Shaped Our World$
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A Brief History of Entrepreneurship: The Pioneers, Profiteers, and Racketeers Who Shaped Our World

Joe Carlen

Print publication date: 2016

Print ISBN-13: 9780231173049

Published to Columbia Scholarship Online: September 2017

DOI: 10.7312/columbia/9780231173049.001.0001

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Flying Money and Capitalist Monks

Flying Money and Capitalist Monks

Chapter:
(p.94) 5 Flying Money and Capitalist Monks
Source:
A Brief History of Entrepreneurship
Author(s):

Joe Carlen

Publisher:
Columbia University Press
DOI:10.7312/columbia/9780231173049.003.0006

By the Medieval Era, the Far East had not only caught up with Christian and Islamic civilization but, at least in commercial terms, had surpassed both. From the invention of fiduciary (or paper) money to sophisticated forms of urban development and labor specialization, Chinese entrepreneurs had transformed their society. The chapter describes how these entrepreneurs, some of whom were Buddhist monks, shaped and distinguished China during the Tang and Song Dynasties.

Keywords:   Tang Dynasty, Song Dynasty, Chinese Entrepreneurship, Buddhist Monks, Paper Money, Medieval History

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