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Pilot Lecture: What Is Money?

Examine the fascinating economy of the Yap islanders of the South Pacific and see what their philosophical approach to currency can teach us about modern economies. You will see that, no matter what material is used for exchange, defining money is more about what it does that what it is.
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Overview

We live in an increasingly digitized world where money has become far less tangible. But what if money has always been more of an idea than a physical currency? To get a clearer picture of how we conceptualize money, join Professor Simon Middleton of William & Mary to examine the fascinating economy of the Yap islanders of the South Pacific and see what their philosophical approach to currency can teach us about modern economies. In What Is Money? you will see that, no matter what material is used for exchange, defining money is more about what it does that what it is.
What Is Money?

01: What Is Money?

There can be no denying that money plays a huge part in all our lives. But what money truly is can be difficult to define. Join Professor Simon Middleton of William & Mary to discover what the past can teach us about how money works and what it really means to us today.

26 min