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Our sponsor is the great courses plus. It's an apt that's on your phone. You just touch the phone and it opens right up to a course. This particular course i'm going to tell you about is the economic of the world since 14 hundred well, that's pretty much everything in terms of modern economic theory. We talk about so security and to what extent you should count on that. Talk about the difference between an ira a sep ira and a four o one k,. Then we kind of pull out the athean look at things like freemarket or basic income.

In this special episode of the show Shermer and Green discuss one of the most important and yet poorly understood concepts in modern society: money and why it matters. They discuss: the origins of money, and how to make it work for you, how the stock market works, the power of compound interest, the secrets of millionaires, the difference between a IRA, 401(k), and a Roth IRA, hedge-fund managers and investment advisors, the relationship between risk and reward, the relationship between saving and spending, the problem with free market capitalism, money, happiness, and meaning, and the role of luck and contingency in how lives turn out.