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Ascent of Money What is money made of? Economics, 090121 There is a book and a documentary called The Ascent of Money, created by Niall Ferguson. It is simply a history of money, money making, high finance and the human nature. Though money making has never been an interest of mine, I find money a most interesting system and the more I learn the more intrigued I get. It is like the whole society is based on this system of trust, physically manifested as digits on accounts. If I get this money thing right, the money system is in essence a manifestation of the balance between two polarities, trust and risk. The expansion of the money system relies on risk taking, but an untrustworthy money system contracts. I guess the reason to why the system has expanded so successfully is that the money system basically let cooperation transcend physical limitations, further enabling our function as a self-organizing whole and as a species of ever increasing specification. We are strange. - Aramis
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Personal Blog of Aramis Welcome. Filter: Show all, Personal, Programming & Design, Spirit, Economics. There is no particular goal to this blog, but to convey what I find interesting and worth writing about. Get blog as RSS or ATOM .
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