by admin | May 26, 2022
The best things in life are freeBut you can give them to the birds and beesI need money (That’s what I want) These lyrics come from an old American pop tune that has been covered by the Beatles and many other popular bands. But that fondness for material over...
by admin | May 26, 2022
In the 18th century, the Qing dynasty was at its height: China was a global superpower and its coffers were full. By the end of the next century, all that had changed. While other major regions, in particular Europe and North America, were industrialising, China...
by admin | May 26, 2022
Money is different things to different people, none more so than economists and anthropologists. Economists often see money as an instrument that makes bartering in the market run smoother – it’s easier to trade dollars than lug around actual cows and bags of rice for...
by admin | May 26, 2022
About a decade ago, Dr Tom McDonald of the Department of Sociology was studying media use in rural China. But the deeper he got into his topic, the more he realised something bigger was afoot. Money exchanges on different kinds of social media were aligning with...
by admin | May 26, 2022
Fiat money, generally speaking, is money that is issued and backed by states who promise to uphold its value. But that has not stopped people from imagining a world where currencies are ‘denationalised’. About 50 years ago, when economist Friedrich Hayek speculated on...
