Monetary Theory - Course 1 Backdrop Blur
Monetary Theory - Course 1 Poster
United States
NR 1 Seasons • 8 Episodes

Monetary Theory - Course 1

In Monetary Theory, a nine-hour course, Dr. Lawrence White explores the debate between market-based and government-controlled monetary systems, combining theory with historical evidence from gold standards to modern fiat currencies. We examine how money can emerge through market forces, the mechanics of fractional-reserve banking, and how central banks influence inflation. The course also addresses banking stability, market failure arguments, and the causes of inflation, including seigniorage. It concludes by evaluating monetary policy rules, inflation targeting, and alternatives like Bitcoin, and asks whether sound money requires commodity backing or if proper institutional design can achieve stability in fiat systems.

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Top Cast

  • Lawrence H. White

    Lawrence H. White

    Host

Overview

In Monetary Theory, a nine-hour course, Dr. Lawrence White explores the debate between market-based and government-controlled monetary systems, combining theory with historical evidence from gold standards to modern fiat currencies. We examine how money can emerge through market forces, the mechanics of fractional-reserve banking, and how central banks influence inflation. The course also addresses banking stability, market failure arguments, and the causes of inflation, including seigniorage. It concludes by evaluating monetary policy rules, inflation targeting, and alternatives like Bitcoin, and asks whether sound money requires commodity backing or if proper institutional design can achieve stability in fiat systems.

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Biography

Biography is a documentary television series. It was originally a half-hour filmed series produced for CBS by David Wolper from 1961 to 1964 and hosted by Mike Wallace. The A&E Network later re-ran it and has produced new episodes since 1987. The older version featured historical figures such as Helen Keller and Mark Twain, or long-dead entertainment figures such as Will Rogers or John Barrymore. The A&E series has placed the emphasis on such people as Marilyn Monroe, Elvis Presley, Plácido Domingo, Freddie Mercury, Jacqueline Kennedy Onassis, Eric Clapton, Pope John Paul II, Gene Tierney, Selena, Diego Rivera, Mao Zedong and Queen Elizabeth II, and fictional characters like The Phantom, Superman, Hamlet, Betty Boop, and Santa Claus. The program ended up profiling enough figures that in 1999, A&E spun it off into an entire network, The Biography Channel.

Biography

6.7 1987