Money and Finance
Link to: Benjamin Franklin And the Birth of a Paper Money Economy
[H/T Daniel]
- Links
How America Lost Track of Ben Franklin’s Definition of Success [H/T @AlexRubalcava] (LINK) [Related book: The Autobiography of Benjamin Franklin] According to Franklin, what mattered in business was humility, restraint, and discipline....
- Links
Bud Labitan made his book Moats free for all (LINK) Read the letter Bill Gates sent to Microsoft employees for the company's 40th anniversary (LINK) Life after Pimco: Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment'...
- Links
Aswath Damodaran - The Education Business: A Road Map for Disruption (LINK) Related mini-book (PDF): Hire Education: Mastery, Modularization, and the Workforce RevolutionRelated book: Disrupting ClassAndrew Smithers: The contested ties between asset...
- Uncertainty Alone Is Certain Here…
This is excerpted from Benjamin Franklin by Carl Van Doren, which is probably the best and most comprehensive biography on Franklin. The text below is one of his earliest known writings, which is an excerpt from an elegy he wrote (probably around the...
- The Real Origins Of Boom And Bust – By Edward Chancellor
Modern economists do not understand how finance shapes economic activity. They see money as an inert veil draped over the “real” economy. By contrast, in Victorian times the credit cycle was viewed as an essential characteristic of capitalism. Today,...
Money and Finance
Benjamin Franklin And the Birth of a Paper Money Economy - by Farley Grubb
Link to: Benjamin Franklin And the Birth of a Paper Money Economy
Paper money has often been controversial and misunderstood. Why it has value, why that value changes over time, how it influences economic activity, who should be allowed to make it, how its use and creation should be controlled, and whether it should exist at all are questions that have perplexed the public, vexed politicians, and puzzled economic experts. Knowing how, when, and why paper money first became commonplace in America and the nature of the institutions issuing it can help us better comprehend paper money’s role in society. Benjamin Franklin dealt often with this topic, and his writings can teach us much about it.
[H/T Daniel]
- Links
How America Lost Track of Ben Franklin’s Definition of Success [H/T @AlexRubalcava] (LINK) [Related book: The Autobiography of Benjamin Franklin] According to Franklin, what mattered in business was humility, restraint, and discipline....
- Links
Bud Labitan made his book Moats free for all (LINK) Read the letter Bill Gates sent to Microsoft employees for the company's 40th anniversary (LINK) Life after Pimco: Mohamed El-Erian on economics, politics and his hope for a 'Sputnik moment'...
- Links
Aswath Damodaran - The Education Business: A Road Map for Disruption (LINK) Related mini-book (PDF): Hire Education: Mastery, Modularization, and the Workforce RevolutionRelated book: Disrupting ClassAndrew Smithers: The contested ties between asset...
- Uncertainty Alone Is Certain Here…
This is excerpted from Benjamin Franklin by Carl Van Doren, which is probably the best and most comprehensive biography on Franklin. The text below is one of his earliest known writings, which is an excerpt from an elegy he wrote (probably around the...
- The Real Origins Of Boom And Bust – By Edward Chancellor
Modern economists do not understand how finance shapes economic activity. They see money as an inert veil draped over the “real” economy. By contrast, in Victorian times the credit cycle was viewed as an essential characteristic of capitalism. Today,...