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 42. From Bronze to Banking: How China's Economic Evolution Shaped Our World
History of Money, Banking, and Trade
50 minutes
1 month ago
Episode 42. From Bronze to Banking: How China's Economic Evolution Shaped Our World
Send us a text Step back in time to discover how ancient China's financial innovations continue to shape our modern economic thinking. The pendulum swing between state control and private enterprise that defined China's economic evolution offers striking parallels to today's most pressing financial debates. When Emperor Wu established state monopolies on salt and iron production to secure the legendary Silk Road trade routes, he unknowingly set patterns that would reshape global commerce for...
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...
