The Meb Faber Show: “The Real History of Money (Knowing This May Mess You Up)”
The Meb Faber Show: “The Real History of Money (Knowing This May Mess You Up)”
Today’s guest is David McWilliams, an economist, podcast host and author. David worked at the Central Bank of Ireland, UBS and BNP Paribas and is the founder of the Kilkenomics Festival, a unique blend of economics and stand-up comedy. His book is called The History of Money: A Story of Humanity, which is my favorite book from 2025. https://amzn.to/4qaQJER
In today’s episode, David walks through the evolution of money over the last 5,000 years. He explains why money is a foundational social technology that is central to every aspect of our civilization, from the political to the artistic. He delves into historical anecdotes—from clay tablets in Mesopotamia to Gutenberg’s printing press to Martin Luther’s disruptive influence on the church. Throughout the episode, he emphasizes that economists need to do a better job helping people understand money and its role in navigating modern economic principles.
To see links or read the transcript of the episode, visit us at: https://www.themebfabershow.com/episo…
(0:00) Starts
(1:26) David explains the Kilkenomics Festival
(3:41) David McWilliams on “Money, The History of Money, A Story of Humanity”
(9:55) Evolution and trust in money throughout history
(26:28) Impact of the Gutenberg printing press and Martin Luther
(36:42) Historical perspectives on speculation and losing money
(43:18) Future of economics, storytelling, and equity culture differences
(49:18) Educating youth on finance and investing
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