Dr Koontz and Rev Fisk discuss money and economics, starting with the building of centralized economic systems and the three functions of currency: why it is or isn't used. They talk about the mercantile revolution of the West, living in a "gift-economy" and avoiding debt, the unnatural aspects and historical uses of money, and the innovation of lending.
Mentioned in this episode: The Ascent of Money by Niall Ferguson
Find Rev Fisk's other podcasts: ...SAVED - Rev Fisk's Sermons, Stop the White Noise with Jonathan and Meridith
Visit our website - A Brief History of Power
Many thanks to our sponsors, Blessed Sacrament Lutheran Church in Hayden, ID and Our Savior Lutheran Church and School in Pagosa Springs, CO
Dr Koontz - Agrarian, Egghead - Concordia Theological Seminary Fort Wayne
Rev Fisk - Author, Fanatic - St Paul Rockford
Music thanks to Verny