The Ascent of Money
Dreams of avarice still
S01E0149 min· aired 11/17/2008

Dreams of avarice

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Overview

From Shylock's pound of flesh to the loan sharks of Glasgow, from the 'promises to pay' on Babylonian clay tablets to the Medici banking system, Professor Ferguson explains the origins of credit and debt and why credit networks are indispensable to any civilisation.