Why gold? Why indeed. Here's the video:

Planet Money at NPR:

"For thousands of years, people used gold as money. But why gold? Why not some other element? We tracked down an expert to find out."





Here's more on why gold beat Lithium, Osmium, Einsteinium...

While we are at it, what is GDP:





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The European bailout, explained

This is soooooo good!



HT: Graham Matthews

Read more >>

The economic history of the world in four astounding minutes

From Sylvia Nasar, whose new book Grand Pursuit: The Story of Economic Genius tells the story of modern economics.

Thanks Justin Wolfers, Greg Mankiw, Daily Beast


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Oh wow. Keynes vs. Hayek Round Two, on video

Settle in.




This was Round One:




And here's the planning for Round 2:




It's all here at Econstories.tv


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