Harry Potter and the dysfunctional economy of the Wizarding World | Essay

In 1997, the British writer Joanne Rowling released a book called Harry Potter and the Philosopher’s Stone. The book is a marvelous piece of literature about a young and orphaned boy trying to find his place, as he got introduced to the great world of magic and magical beasts alike. The book series ended up being one of the most well written and recognizable book series to date. J. K. Rowling absolutely knew how to write about a great magical universe, but there was one part of the Wizarding World that was shrug off before it received a real explanation. The economy of the Potterverse. What actually happens in the banks? Is the economy in this universe important for the story? Did she mean for the economy to be an important part, or just a loose thread she forgot to tie up? 

The currency of the Potterverse 

The currency of the Potterverse is essential to acknowledge if someone would want to get a better understanding of what Rowling thought when making the fictional economy, if she put any thought into the economy at all. The currency in Harry Potter is divided into three different categories, Knut, Sickle, and Galleon. They represent the three different precious metals bronze, silver and gold from our world respectively. In the sequel book “Fantastic beasts and where to find them” set in the same universe there is given an example of exchange, as it explains that 250 million USD is the equivalent to 34 million Galleons. Some believe that we can pinpoint the exact value of the Potterverse-currency compared to the different currencies in our world. With help...

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