3min chapter

The "What is Money?" Show cover image

The Philosophy of Money with Stephen Hicks (WiM350)

The "What is Money?" Show

CHAPTER

The Philosophy of Money

This reminds me of the Cobra problem too, where there might be a point in the old example of there were too many cobras in the village. Every dead Cobra you turned in, they were rewarded monetarily. They had Cobra breeders. So it's your right. Got a little bit of infrastructure set up your Cobra farm and you've got a nice steady stream of income. Exactly. If we come back to money as like this, I guess the latest layer in many layers of human achievement, right? We had, you know, obviously spoken language, written language, mathematics, probably even taxation. And money kind of emerges as like the latest layer of these cognitive or cultural achievements.

00:00

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode