Armchair Expert episode 975
David McWilliams (on the history of money)
David McWilliams (The History of Money: A Story of Humanity) is a journalist, writer, and economist. David joins the Armchair Expert to discuss having an unusually calm Irish family upbringing, being practically prescribed to study economics, and the impact that his father being screwed by the system had on him as a kid. David and Dax talk about his early, life-changing realization that no one actually has control over the economy, why economics should be seen as a form of communication about the world, and how the human advent of fire helps us to understand money. David explains the idea that the technology of trading money was an alternative to war, how money amplifies the trust necessary to function in complex societies, and why the reason that money is weird is because we are weird.
Explore episode 975 with AIEpisode overview
David McWilliams (The History of Money: A Story of Humanity) is a journalist, writer, and economist. David joins the Armchair Expert to discuss having an unusually calm Irish family upbringing, being practically prescribed to study economics, and the impact that his father being screwed by the system had on him as a kid. David and Dax talk about his early, life-changing realization that no one actually has control over the economy, why economics should be seen as a form of communication about the world, and how the human advent of fire helps us to understand money. David explains the idea that the technology of trading money was an alternative to war, how money amplifies the trust necessary to function in complex societies, and why the reason that money is weird is because we are weird.
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Short transcript highlights
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- Welcome, welcome, welcome to armchair expert, experts on expert. I'm Dan Shepard and I'm joined by Lily Padman.
- in the Mediterranean. And in the Mediterranean in Sicily when the Arab Revolutions, Hyperinflation, and Hitler’s Counterfeit Chaos
- We'll have to go back. We'll be the first show that went from audio to video, then back to audio.