The Importance of Coinage and Currency Reform in Ireland

2min Snip

00:00

Play full episode

Summary

Transcript

Episode notes

My primary concern regarding coinage and currency in Ireland was to ensure that any reform would protect the economic well-being of the Irish people. I did not explicitly outline a comprehensive plan for currency reform, but several key principles can be inferred from my opposition to Wood's patent. Any reform to the Irish currency should involve consultation and approval by the Irish Parliament. A well-functioning economy requires an adequate supply of coinage to facilitate transactions and trade. Supporting domestic industries and trade, rather than relying on external actors like William Wood, would contribute to a more robust Irish economy.

In this conversation, Tyler uses ChatGPT to interview Jonathan Swift about his views on religion, politics, economics, and literature. GPT Swift discusses his support for the Church of Ireland, his shift from the Whigs to the Tories, and his opposition to William Wood's copper coinage in Ireland. He also talks about his works, including Gulliver's Travels and A Modest Proposal, and his skepticism of moral and intellectual progress. Swift addresses rumors about his relationship with Esther Johnson and his fascination with scatological themes in his works. He also discusses his early life in England, his intellectual mentor Sir William Temple, and his jovial attitude towards death.

Special thanks to our Mercatus Center colleague Robin Currie for giving voice to Jonathan GPT Swift.

Read a full transcript enhanced with helpful links.

Recorded March 23rd, 2023

Other ways to connect

Follow us on Twitter and Instagram
Follow Tyler on Twitter
Email us: cowenconvos@mercatus.gmu.edu
Learn more about Conversations with Tyler and other Mercatus Center podcasts here.