Money Is a Measure of Nothing But Itself

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J. W. Mason and Arjun Jayadev are economists and authors of the new book Against Money. They join Current Affairs editor-in-chief Nathan J. Robinson to discuss why money is so widely misunderstood, how it shapes our lives in ways we often fail to see, and how rethinking money can change the way we understand debt, austerity, inequality, foreign investment, housing, and the limits of mainstream economics.

💵 Against Money: https://press.uchicago.edu/ucp/books/book/chicago/A/bo265118979.html

0:00-6:20 The problem with imagining a world without money

6:20-13:38 Why money is not a neutral measure of value

13:38-20:15 How rethinking money changes our politics

20:15-30:43 What capital really is

30:43-38:14 What mainstream economics gets wrong

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