Library of Mistakes EP 30: Money – A Story of Humanity (with David McWilliams)
Oct 8, 2024
David McWilliams, an economist and co-founder of Kilkenomics, shares his provocative insights on money from his book, 1oney: A Story of Humanity. He explores how money has evolved throughout history, connecting it to societal structures and even democratic movements. McWilliams argues against traditional economic models, advocating for a more human-centered, biological approach. The discussion highlights the transformative power of currency, and the interplay between art, entrepreneurship, and economic evolution in driving innovation.
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Kilkenomics
- Kilkenomics, founded by David McWilliams, is a unique festival combining economics and stand-up comedy.
- Its goal is to make economics accessible and encourage audience engagement by using comedians as emcees.
Money's Influence on Human Nature
- David McWilliams' book challenges Karl Marx's view that money corrupts by arguing it animates complex human nature.
- McWilliams suggests Marx is a good starting point for understanding economics, but not the ultimate answer.
Money and Human Progress
- Money's impact extends beyond resource allocation, fostering individual control, personal responsibility, and intellectual progress.
- The correlation between the spread of money and advancements in Greek thought is too strong to be coincidental.
