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4min chapter
Cautionary Tales Presents: Death Fraud and Other Risky Business
Cautionary Tales with Tim Harford
Lessons from History: The Risks of Paper Money
This chapter explores the intricate history of paper money, using a nobleman's proclamation as a backdrop to discuss economic theories. It highlights John Law's cautionary tale to emphasize the importance of regulatory oversight in maintaining a stable financial system.
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highlights
Listen to the best highlights from the podcasts you love and dive into the full episode