How was money actually invented? Where does it come from? In this first episode of a video lecture, Dirk Bezemer from the University of Groningen presents the origins of money and how it's related to debt. It's a basic historical review and you can get an idea of how money is created and how banks work. The following episodes aim at giving an overview of the last debt crisis. 2013 Level: debutante DEBT episode 1: Debt, a great invention Dirk Bezemer University of Groningen Banking 101 is a series of 6 short videos that ask the following questions: How do banks work and how is money created? Is reveals common misunderstandings of money creation and the role of banks. Furthermore, the videos show how models taught in many introductory classes to economics (Econ 101) do not reflect those processes: Part 1) “Misconceptions around Banking” questions common comprehensions of how banks work (savings = investments). Part 2) “What's wrong with the money multiplier” states that the model of the money multiplies is inaccurate. Part 3) “How is money really made by banks” explains the process of money creation, loans and inter-bank settlement. Part 4) “How much money banks create?” asks what limits the money creation by banks and presents the difference between reserve ratio, liquidity ration, equity and refers to the inter-bank market. Part 5) Explores the question if banks create money or just credit and especially refers to credit risks. Part 6) Explains how money gets destroyed when loans are paid back. Note: The videos refer to the UK monetary and banking system, some explanations don't apply to other banking systems, e.g. the reserve ratio. 2012 Level: debutante Do banks create money or just credit? - Banking 101 (Part 5 of 6)   Positive Money John K. Galbraith recounts episodes in the history of money such as the creation of the bank of Amsterdam, John Law's fraudulent Bank Royal, the inception of the Bank of England and of the Federal Reserve to illustrate concepts such as money creation by commercial banks, the bank rate, open market operations or the money supply in general. The emotions, myths and struggles surrounding money are addressed and explained in a clear and consistent manner. 1977 Level: debutante The Age of Uncertainty Episode 6 The Rise and Fall of Money John Kenneth Galbraith BBC, CBC, KCET and OECA How has financialisation changed saving What are its implications on a macro economic level and from a welfare state perspective Craig Berry I PEEL 2017 Level: debutante Saving Craig Berry I-PEEL The lectures were given by Steve Keen at the Exploring Economics Summer Academy 2017 in the workshop on Post Keynesian Economics The first lectures start with the role of money in a monetary economy and explain the macroeconomic significance of admitting the reality that banks create money The lectures continue … 2017 Level: perito Exploring Economics 2017 Lectures Steve Keen ProfSteveKeen In order to describe the global structure of the monetary and financial system and its effects on the global economy, most economics textbooks rely on unappropriated theories that provide nothing but outdated descriptions. In this talk, key speakers in economics, economic history and banking try to make this complex system a little more understandable by relying on real-world insights. 2016 Level: adelantado Global Money: Past, Present, Future Perry Mehrling, Adam Tooze, Patricia Mosser, Phil Prince and Katharina Pistor (moderator) Columbia Global Thought As part of the 2019/2020 Exploring Economics Experience, one of our supporters Prof. Steve Keen gave a presentation to our editorial team. Read more 2020 Level: perito The foundations of monetary macroeconomics - Steve Keen | Exploring Economics Global Lecture Steve Keen Exploring Economics Modern Monetary Theory (MMT) is a school of monetary and macroeconomic thought that focuses on the analysis of the monetary and credit system, and in particular on the question of credit creation by the state. 2020 Level: debutante Modern Monetary Theory Nathalie Freitag Exploring Economics Exploring Economics, an open-source e-learning platform, giving you the opportunity to discover & study a variety of economic theories, topics, and methods. 2020 Level: debutante Yes, Money is Endogenous. Who Cares? Cahal Moran Rethinking Economics Richard Werner touches on a number of topics in this Odd Lots Podcast episode. As one of the pioneers when it comes to money and credit creation, he gives interesting insights into his early research on this topic. He then explains what he calls the “Quantity Theory of Credit” and is an alternative to the "Quantity Theory of Money". 2020 Level: adelantado Japanification, Quantitative Easing, money creation and Re-Igniting the U.S. Economy Richard Werner, Joe Weisenthal & Tracy Alloway Odd Lots Podcast The Money View Symposium was hosted by YSI on 5-7 February, 2021. The Symposium showcased the work of scholars and practitioners that make use of the so-called Money View, ranging from economists to lawyers, politicians and social scientists at large. The symposium aims to illuminate the main tenets of the Money View and to demonstrate its juxtaposition to the mainstream. 2021 Level: adelantado Money View Symposium 2021 various Young Scholars Initiative This is the second part of the seminar A Hard Currency of Politics The discussion centers on the The Currency of Politics by Stefan Eich and is hosted by the journal European Law Open Stefan Eich s presentation of his argument starts at minute 7 53 The discussion centers on … 2022 Level: debutante European Law Open discussion of "The Currency of Politics" by Stefan Eich Stefan Eich Cambridge University Press La teoría monetaria moderna (TMM) es una escuela de pensamiento macroeconómico y monetario centrada en el análisis del sistema monetario y crediticio y, en particular, en la cuestión de la creación de crédito por parte del Estado. Bebe de la tradición poskeynesiana y del chartalismo, que fue elaborada por Georg Friedrich Knapp (Ehnts 2020). La TMM cuestiona tres falsas creencias elementales respecto a la teoría monetaria que surgieron en el periodo neoclásico, y puede así entenderse como una alternativa a la concepción neoclásica del dinero. 2020 Level: debutante Teoría monetaria moderna Nathalie Freitag Exploring Economics This course provides an introduction into the basic concepts of mainstream macroeconomics, including supply and demand in a competitive market, to all the usual introductory macroeconomic topics, and also to both international trade and the Foreign Exchange Market. Level: debutante AP® Macroeconomics Clark Ross Davidson Next In "The Money Problem, "Morgan Ricks argues for a reform of the American monetary system. Taking up foundational questions of monetary policy, he asks: how would we construct a monetary system if we were starting from scratch? What are the characteristics of a monetary instrument? 2016 Level: adelantado The Money Problem Morgan Ricks University of Chicago Press