Today, I host Lawrence White on the podcast. He is an economics professor at George Mason University with a specialty in the history and theory of banking and money and is the author of several books including Better Money: Gold, Fiat, or Bitcoin. We talk about why on earth money and monetary policy come across as so intimidating, then he takes us on a tour of the different currencies we’ve used. We talk about federal banks, the debate between Alexander Hamilton and Thomas Jefferson, and the use of cryptocurrencies. Never miss another AdamSmithWorks update.Follow us on Facebook, Twitter, and Instagram.