Episode guide
Monetary Theory: Course 1
8 episodes · premiered Mar 3, 2026
TMDB has no overview for this season.
- Episode 1: Money: Private or Public? Mar 3, 2026 · 56m In our introductory lecture, Dr. White delves into monetary theory by examining the fundamental question of whether markets or governments should provide money, drawing on historical and…
- Episode 2: The Gold Standard Mar 3, 2026 · 1h 9m In lecture two, we learn about the mechanics of a gold standard, focusing on how supply and demand for monetary gold determine money’s quantity and purchasing power. Dr. White explains the…
- Episode 3: Free Banking Mar 3, 2026 · 1h 6m In lecture three, we examine banks’ role in issuing money under a gold standard, explaining why people prefer banking services to direct gold transactions and what constrains banks without…
- Episode 4: The Fiat Standard Mar 3, 2026 · 1h 5m In lecture four, we explore fiat money—currency created by government decree rather than commodity backing—tracing its rise after wartime suspensions of the gold standard and the shift to…
- Episode 5: Government in Money Mar 3, 2026 · 1h 5m In lecture five, we consider whether government intervention in monetary services improves public welfare, using concepts like market failure and Pareto efficiency. We evaluate public…
- Episode 6: Bank Fragility Mar 3, 2026 · 1h 6m In lecture six, we analyze arguments for government involvement in banking, particularly the claim that unrestricted banking is inherently unstable and prone to runs. We explore the…
- Episode 7: Money Making Mar 3, 2026 · 1h 6m In lecture seven, we study the underlying causes of money growth and inflation, examining why central banks issue more money than is consistent with stable purchasing power. We delve into…
- Episode 8: How to Secure Better Money Mar 3, 2026 · 1h 10m In our eighth and final lecture, we discuss the challenges of maintaining sound money in a fiat monetary system and examine potential solutions to prevent fiscal problems from undermining…