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 39. The Spring and Autumn period transformed China's economy forever.
History of Money, Banking, and Trade
57 minutes
3 months ago
Episode 39. The Spring and Autumn period transformed China's economy forever.
Send us a text The economic transformation of ancient China from 720-221 BCE presents a fascinating case study in how societies evolve from feudal structures to complex commercial economies. During this pivotal era, China underwent remarkable changes—from fragmented warring states to increasingly centralized kingdoms, from hereditary privileges to merit-based governance, and from simple barter to sophisticated monetary systems. As we journey through the Spring and Autumn period into the Warr...
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...
