Economics is fun, part 6: Money

In this week's episode of Economics Is Fun, Madsen explains the role of money in the economy. Watch out for the Zimbabwean trillion-dollar note — I carry one in my wallet in case anyone ever claims that governments can learn from history.

Madsen's new book, Economics Made Simple, is available to buy in paperback and Kindle now.

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What a regulated free press would look like

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Clever people instinctively understand Ricardo's comparative advantage