Category Archives: History of Money

Glocal Econ 15: The Matter-Antimatter with Credit and Debt

Homework Due: Web of Debt Chapters 31 & 32 Wizards of Money 16: There’s a Generic in my Shark Fin Soup Democracy Now interview of Yves Smith, author of Naked Capitalism, on the 50-State, $25B Mortgage Settlement Extra listening: Making … Continue reading

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Glocal Economics 6: Alternatives to the Money Machine

Homework Due: Reading: Web of Debt, Chapters 11, 12 & 13 Video: Why Greater Equality Makes Societies Stronger or the audio:¬†Redefining Poverty: Needs and the Spirit Level. Audio: Wizards of Money 6: Democratizing the Monetary System. Write down two criticisms … Continue reading

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Class 5: Money as Terrorism, Balance or Flow

Homework due: Video: The Money Masters, Part 2 of 2 Reading: Web of Debt, Chapters 8, 9 & 10 Audio: Smithy’s Wizards of Money, episode 5: Monetary Terrorism For extra credit, read the interview of Eustace Mullins and address whether … Continue reading

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Class 3 – Web of Debt Questions, Ch 6 and 7

Chapter 6: Pulling the Strings of the King: the Moneylenders Take England How did Queen Elizabeth avoid the usery trap when the supply of money contracted after she tightened the usery laws?¬†What legal precedent did her actions set? Which English … Continue reading

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Class 3 – The Money-Maker’s Myth and the Reality

Homework due: Web of Debt Chapter 6: Pulling the Strings of the King: The Moneylenders Take England Chapter 7: While Congress Dozes in the Poppy Fields: Jefferson and Jackson Sound the Alarm Chapter 8: Scarecrow with a Brain: Lincoln Foils … Continue reading

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Class 2 – Web of Debt Questions, Ch. 3, 4, 5

Chapter 3: Experiments in Utopia: Colonial Paper Money as Legal Tender Which was the first colony to issue paper money and why did they do it? Who is considered the father of paper money? What were four virtues of government … Continue reading

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Class 1A: Defining the Signs of Success

Welcome to the first class of Glocal Economics! During this class we compared the two major economic models, characterized by Jeffrey Sachs and Vandana Shiva, and then defined what we would see as the signs that an economic system had … Continue reading

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