22 episodes

Where did money come from? How did people trade before inventing money? Was it a masterstroke or madness (or both) to let banks create money?
Today money is generally accepted as payment for goods and services or repayment of debt. But governments still fret about whether there's too much (or too little) in circulation, economists can't agree on what it is, and the enduring popularity of alternative or crypto-currencies shows rumbling discontent with the official version. These 10 short animations chart the evolution of money from stones and whale teeth to modern monetary policy and banking, and takes a hard look at money's role in economic crises.

The material in this collection relates to The Open University course DD103 Investigating the social world.

The History of Money - for iPod/iPhone The Open University

    • Courses

Where did money come from? How did people trade before inventing money? Was it a masterstroke or madness (or both) to let banks create money?
Today money is generally accepted as payment for goods and services or repayment of debt. But governments still fret about whether there's too much (or too little) in circulation, economists can't agree on what it is, and the enduring popularity of alternative or crypto-currencies shows rumbling discontent with the official version. These 10 short animations chart the evolution of money from stones and whale teeth to modern monetary policy and banking, and takes a hard look at money's role in economic crises.

The material in this collection relates to The Open University course DD103 Investigating the social world.

    • video
    Early Money

    Early Money

    Where did the need for money come from?

    • 1 min
    Transcript -- Early Money

    Transcript -- Early Money

    Where did the need for money come from?

    • video
    Metal Money

    Metal Money

    Why did we start making money out of metal?

    • 1 min
    Transcript -- Metal Money

    Transcript -- Metal Money

    Why did we start making money out of metal?

    • video
    Paper Money

    Paper Money

    The benefits of using paper money.

    • 1 min
    Transcript -- Paper Money

    Transcript -- Paper Money

    The benefits of using paper money.

Top Podcasts In Courses

Listeners Also Subscribed To

More by The Open University