In this 5 session course, Allen Smith will explain the simple mechanics of money creation by banks, the role of central banks and how the way we run our money system influences economic outcomes such as wealth inequality. The course will combine a study of the relevant theories with applications to recent events and policy debates. In this connection Henry George’s concept of money will be explored as well as the relations between finance and land markets.

Instructor: Allen Smith
Mondays: 10/5, 10/12, 10/19, 10/26, 11/2