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Newton & the Alchemical Transformation of Money - Paul Ferguson - 06-25-2025
Isaac Newton and the Alchemical Transformation of English Money: Order, Value, and the Royal Mint
51 Pages Posted: 18 Jun 2025
"Isaac Newton, renowned for his transformative contributions to physics and mathematics, also dedicated three decades of his later life (1696-1727) to the stewardship of England's (and later Great Britain's) currency as Warden and Master of the Royal Mint. This paper examines Newton's interventions during a period of acute monetary crisis, characterized by the severe degradation of silver coinage, rampant counterfeiting, and bimetallic instability-a system suffering from high "material, informational, and social entropy."
https://papers.ssrn.com/sol3/papers.cfm?abstract_id=5281506