The periodic table lists 118 different chemical elements. And yet, for thousands of years, humans have really, really liked one of them in particular: gold. Gold has been used as money for millennia, and its price has been going through the roof.
Why gold? Why not osmium, lithium, or ruthenium?
We went to an expert to find out: Sanat Kumar, a chemical engineer at Columbia University. We asked him to take the periodic table, and start eliminating anything that wouldn’t work as money.
We visit the charming curmudgeon and respected finance writer James Grant. He says we should go back on the gold standard.
http://www.npr.org/blogs/money/2011/02/15/133781593/the-tuesday-podcast-the-gold-standard
An airline, the price of oil and the financialization of the global economy. On today’s show, author and former banker Satyajit Das talks about his career and the trouble with the rise of finance.
http://www.npr.org/blogs/money/2011/09/30/140954343/the-friday-podcast-how-money-got-weird
Tagged with npr planet money economics
From http://www.npr.org/blogs/money/2009/02/hear_pay_up_or_else.html#more (Ha! I figured out their .mp3 path from XHR data.)