Send us a text What if the health of an empire could be read in the trust of its money and the fairness of its institutions? We follow Han China through a gripping arc: from early market freedom and soaring wealth to Emperor Wu’s heavy hand—state monopolies in salt, iron, and liquor, unified coinage, and price-smoothing granaries—and then into the turbulence of debasement, counterfeit coin, and a monetary dark age. Along the way, the Silk Road begins to hum, standards slash fraud, and safer r...
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Send us a text What if the health of an empire could be read in the trust of its money and the fairness of its institutions? We follow Han China through a gripping arc: from early market freedom and soaring wealth to Emperor Wu’s heavy hand—state monopolies in salt, iron, and liquor, unified coinage, and price-smoothing granaries—and then into the turbulence of debasement, counterfeit coin, and a monetary dark age. Along the way, the Silk Road begins to hum, standards slash fraud, and safer r...
Episode 25. From Ingots to Coins: Lydia's Financial Innovation
History of Money, Banking, and Trade
1 hour 9 minutes
1 year ago
Episode 25. From Ingots to Coins: Lydia's Financial Innovation
Send us a text Embark on a fascinating exploration of ancient Anatolia and uncover the secrets of how the Ionian Greeks and Lydians shaped the economic and cultural landscapes of their time. Discover how the Ionian Greeks turned western Anatolia into a bustling hub of sea trade, setting up expansive networks across the Black Sea and laying the groundwork for the rise of Miletus as a center of commerce and learning. I share the riveting story of the Lydians' cultural exchanges with the Ionians...
History of Money, Banking, and Trade
Send us a text What if the health of an empire could be read in the trust of its money and the fairness of its institutions? We follow Han China through a gripping arc: from early market freedom and soaring wealth to Emperor Wu’s heavy hand—state monopolies in salt, iron, and liquor, unified coinage, and price-smoothing granaries—and then into the turbulence of debasement, counterfeit coin, and a monetary dark age. Along the way, the Silk Road begins to hum, standards slash fraud, and safer r...
