Class No. 8: Making it Happen: Money vs. Credit

Welcome to the eighth class in our 2017 Economic Class series! Register for archive classes, homework and access to teachers here. Now that we have covered scientific and technological breakthroughs as specific advancements, making jumps in the economy, and how a system of infrastructure is best understood as providing a platform for a level of economic activity, we take up the question: “How do we organize social structures to make this happen?” How do national banking and federal credit differ from money?