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Description

This is the first lesson from Sina's short course on economics.
In ECON01, he talks about the emergence of money, its evolution throughout history, and the features of good money.

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00:00 - Intro

00:58 - Outline

02:21 - Caveman Economy

07:46 - Barter

18:34 - Emergence of Money

28:55 - Emergence of Credit

36:42 - Features of Good Money

45:49 The Cantillon Effect

55:54 - Stock to Flow

01:02:40 - Next Courses Overview