Money - myths, magic, morals and markets

About this course

This course considers money as an economic, social and moral force. Topics include competing explanations for its emergence, how central banks and private institutions create it, its changing forms from metal to digital, and its relationship with debt, inequality, financial crises and environmental concerns. Teaching combines tutor presentations, slides and group discussion. Ideas are drawn from economic traditions including classical, Marxist, Keynesian, anarchist, Austrian and Modern Monetary Theory, alongside perspectives from anthropology, sociology, psychology and moral philosophy. Slides and occasional optional thinkpieces support continued consideration between lessons.

What you'll learn

• Explain differing accounts of money’s origins, production and functions.
• Compare perspectives from economic, social, psychological and moral thinkers on money.
• Relate monetary history to contemporary economic and social conditions.
• Discuss how unrestricted money creation can contribute to economic cycles, financial crises and wealth inequality.

Is this course right for you?

The course is open to anyone curious about the state of the world and does not specify previous subject knowledge. It suits learners willing to engage rationally with challenging ideas, listen to other viewpoints and contribute to discussion.

• Expect tutor-led presentations alongside lively group discussion.
• Optional short readings may be suggested between lessons.

Before you go

• Slides with notes and comments are circulated after each lesson.
• Optional short thinkpieces may be provided for reading before the following lesson.