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Money: From coin to cryptocurrency
The Forum
Mar 20, 2022

From Mesopotamian loan records which are over 4,000 years old to the cryptocurrencies of today, money has been with us for a long time. But how did we get from exchanging bits of metal or cowrie shells to the algorithmic trading of shares? Why did paper money originate in Song-dynasty China? Why was the Gold Standard adopted in the 19th Century? And what is money anyway? These are some of the questions that Bridget Kendall investigates with the help of three financial historians: Ute Wartenberg, president of the American Numismatic Society; William Goetzmann, professor of Finance and Management Studies at Yale University; and Christian de Pee, professor of History at the University of Michigan. They also answer listeners' questions about the history of finance.

(Photo: Roman gold coins found in Corbridge, UK in 1911. Credit: Universal History Archive/Universal Images Group/Getty Images)

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The unfolding history of the magazine

When magazines first emerged, they were the preserve of an elite who could afford to pay for them. But as time went on, the cost of paper fell, printing technology became more streamlined, literacy improved and would-be publishers spotted an opportunity to connect with audiences hungry for information and entertainment.

Magazines found a place to appeal to all types of interest, in the same way that the internet does today. In their heyday they attracted some of the best writers such as Charles Dickens and Ernest Hemingway, sometimes acting as a vehicle to establish literary careers. Later magazines were to become the go-to place for quality photography and design.

Falling advertising revenues have largely contributed to the decline of printed magazines, as well as editions moving online. However some titles have found a way of reinventing themselves in the 21st century.

Iszi Lawrence is joined by a panel of guests to discuss the rise and evolution of magazines. Usha Raman is a professor in the Department of Communication at the University of Hyderabad in India, who began her career in magazines, writing and editing a variety of publications. She's also the owner and editor of a specialist magazine for teachers.

Samir Husni is the founder and director of the Magazine Media Centre in the United States. He's also written many books, including Inside the Great Minds of Magazine Makers.

And Tim Holmes is a former magazine editor, writer and until his retirement, leader for many years of the magazine journalism course at the University of Cardiff in the UK. We'll also hear from a variety of Forum listeners from around the world, who share their thoughts on magazines.

Produced by Fiona Clampin for BBC World Service.

(Photo: Newspapers and magazines on display at a newsstand on January 31, 2010 in Khan Market New Delhi, India. Photo by Rajkumar/Mint via Getty Images)


48min 36sec


Money: From coin to cryptocurrency

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