Introducing: The Story of Money

Introducing: The Story of Money

The economist John Kenneth Galbraith once quipped that “there can be few fields of human endeavour in which history counts for so little as in the world of finance.” This show sets out to prove the opposite. Each week, FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped global finance. From unregulated banking in 19th-century frontier America to institutionalised debt jubilees in ancient Mesopotamia, and from the birth of credit derivatives to the great market meltdowns of the past, Robin and Gillian uncover the story of money because time and again, the same manias and mistakes resurface. Tune in and you might just understand where the next financial opportunities and disasters could be hiding.


Subscribe to The Story of Money wherever you get your podcasts and watch the show on YouTube.


Learn more about the show at ft.com/tsom, and find out more about Gillian Tett here and Robin Wigglesworth here


Follow FT Alphaville here


Hosts: Gillian Tett and Robin Wigglesworth

Producer: Lulu Smyth

Senior Producer: Michela Tindera

Executive Producers: Flo Phillips and Manuela Saragosa

Original music and sound engineering: Breen Turner

Podcast Development: Laura Clarke

Global Head of Audio: Cheryl Brumley

Hosted on Acast. See acast.com/privacy for more information.

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Episoder(346)

How the US financed World War I using Charlie Chaplin and Girl Scouts

How the US financed World War I using Charlie Chaplin and Girl Scouts

The first world war was one of the deadliest conflicts the world has ever seen. And when the US entered the war in 1917, it faced a massive financial challenge: how to pay for its contribution? Enter ...

7 Okt 40min

The bloody birth of the bond market

The bloody birth of the bond market

The US Treasury market - the world's largest government bond market - is worth about $32tn today, making it the largest pile of debt accumulated in history. But its roots lie in medieval Venice, a blo...

30 Sep 43min

Does history show that fraud is the sign of a healthy economy?

Does history show that fraud is the sign of a healthy economy?

How do you tell if an economy is actually working? Most economics classes point to controlled inflation, steady growth, or low unemployment - but what if the level of financial fraud is the real hidde...

23 Sep 45min

Meet the Fuggers: Europe’s richest family ever

Meet the Fuggers: Europe’s richest family ever

Long before Silicon Valley, the grandson of a 15th Century German peasant named Jakob Fugger built a mining and banking empire that dwarfed today’s tech titans, accumulating a fortune estimated at $4 ...

16 Sep 43min

Why Dante put bankers in hell and James Joyce didn't

Why Dante put bankers in hell and James Joyce didn't

Is money a tool of moral decay or a force for human liberation? Dante feared money would corrupt and damn us, placing bankers in the eighth circle of hell - just one above Lucifer. James Joyce saw it ...

12 Sep 41min

He expelled the money changers. So was Jesus anti-capitalist?

He expelled the money changers. So was Jesus anti-capitalist?

What did Jesus really think about money? When he overturned the tables of the money changers in the Temple in Jerusalem, accusing them of turning a sacred "house of prayer" into a "den of robbers", he...

9 Sep 51min

1873: The year America ditched silver as money and all hell broke loose

1873: The year America ditched silver as money and all hell broke loose

In 1873, Ohio senator John Sherman quietly helped pass a law that stopped Americans from turning silver into official US money. The consequences were huge: years of economic pain and political turmoil...

2 Sep 41min

The ‘Sheriff of Wall Street’ who exposed bankers’ lies

The ‘Sheriff of Wall Street’ who exposed bankers’ lies

He was the bruiser of Wall Street. In the early noughties, New York attorney-general Eliot Spitzer took it upon himself to expose the lies of stock analysts during the dotcom bubble. His crusade blind...

26 Aug 46min

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