Here’s the update on tonight’s programme with our friends at the Auckland Uni Economics Group:
What is money?
What are all these bits of paper we carry in our pockets, or (if we’re lucky) we find digitally in our bank accounts?
Why is the pursuit of money so universal, and when did it start?
How is money created?
And is the pursuit of money really the root of all evil? Or of good?
To answer these questions and many more like them, we need to examine how money developed historically, how it has evolved since—and why it emerged in the first place.
Understanding the nature of money is crucial for every serious student of economics, especially since money forms one half of every transaction, appears in every price, and is implicated in every crash. And because money it is so widely misunderstood.
This week we discuss money, sound and unsound—and ask: money, hero or villain?
Date: Tonight, May 28, 2012
Location: Case Room 4, Level 0, University of Auckland Business School