1. Money — functions & forms — metal, paper, plastic and bits — market-based versus fiat-based

2. Banking — financial intermediation — types; depository, commercial, investment — free banking versus central banking

3. Public Finance — funding of government spending — taxing, borrowing and money-creation — deficits, debts and unfunded entitlements — fiscal rectitude versus fiscal profligacy


Selgin, George, and Lawrence White. 1987. “The Evolution of a Free Banking System.” Economic Inquiry. Volume 25, Issue 3, pages 439–457.

The Importance of the Dollar as World Currency (Podcast with Barry Eichengreen) (…)

Surowiecki, James, “A Brief History of Money,” (…)