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10min chapter
The Evolution of Money with Richard Dawkins (WiM476)
The "What is Money?" Show
Evolution of Money, Darwinian Theory, and Universal Darwinism
This chapter explores the evolution of money from reciprocation in animal behavior to promissory notes and government-sponsored currency, linking it to the concept of altruism. It also delves into the Darwinian theory's explanatory power in describing the diversity of life and genetic variation in offspring, leading to the improvement of species over time. The discussion extends Darwinism beyond biology to economic ideas, highlighting how products in the economy undergo a process of variation and selection similar to natural selection.
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Discover
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Listen to the best highlights from the podcasts you love and dive into the full episode