Рет қаралды 113,516
Want to help me do more research? Consider supporting via: / moneymacro or ko-fi.com/moneymacro
Is money a commodity or credit. I think both. But the commodity story is told everywhere whereas the credit story is not well known. This video therefore fills that gap by explaining the re-emergence of credit in Europe.
BIG SHOUTOUT to Professor Dirk Bezemer, with whom I collaborated to create the script for this video.
WANT TO HELP ME PRODUCE MORE CONTENT LIKE THIS?
△ Liked the in-depth research and want to help me do more? Consider buying me a coffee at ko-fi.com/moneymacro or for the Dutchies betaalverzoek.knab.nl/QaL7OZh....
△ For some extra benefits consider supporting me longer term on: / moneymacro
△ Finally, for other one-time donations: www.paypal.com/donate?hosted_...
LIKE CHATTING ECON WITH ME
△ Follow me on Twitter: / joerischasfoort
△ I have a private Discord server for Senior and Chief economist Patrons.
Otherwise I hang out in two Discord servers:
△ Unlearning Economics's server: / discord
△ Capitalists server: / discord
5 BOOKS THAT INSPIRED THIS CHANNEL
The Narrow Corridor: States, Societies, and the Fate of Liberty: amzn.to/3gr6pSV
Money Changes Everything: How Finance Made Civilization Possible: amzn.to/3mt3xbY
Adaptive Markets: Financial Evolution at the Speed of Thought: amzn.to/3sCkS3a
House of Debt: How They (and You) Caused the Great Recession, and How We Can Prevent It from Happening Again: amzn.to/3gqXNeZ
The Third Pillar: How Markets and the State Leave the Community Behind: amzn.to/382Agwo
SOURCES:
I've linked my sources in the blog that goes along with this video. Most links are in the text. But, I added some extra literature and data sources to the end of the blog.
www.moneymacro.rocks/2021-08-...
Timestamps:
0:00 - introduction & theories
2:55 - rise of the money changers
5:38 - rise of bill-dealers
7:46 - rise of bankers & conclusion
Attribution:
- Thought-bubble: created by Harryarts - www.freepik.com
- Business vector created by rawpixel.com - www.freepik.com
Narrated and produced by Dr. Joeri Schasfoort (University of Cape Town & University of Groningen)
/ joeri-schasfoort