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David Lang

๐Ÿ‘ค Speaker
586 total appearances

Appearances Over Time

Podcast Appearances

Freakonomics Radio
673. What Is Money?

And so my first reading of The Wealth of Nations was reading for every incidence I could find of sheep because sheep play a prominent role in the Messiah.

Freakonomics Radio
673. What Is Money?

And I thought, okay, I'm going to make a joke out of the connection to sheep.

Freakonomics Radio
673. What Is Money?

And of course, being from Scotland, there are a lot of sheep used in examples in The Wealth of Nations.

Freakonomics Radio
673. What Is Money?

There's the woolen coat.

Freakonomics Radio
673. What Is Money?

Eventually, those sheep ideas fell by the wayside and the jokes ended up getting edited out of this piece.

Freakonomics Radio
673. What Is Money?

But that was the original idea.

Freakonomics Radio
673. What Is Money?

I was reading for, like, what's the thread that I'm going to be able to pull through this book?

Freakonomics Radio
673. What Is Money?

At first, I thought I was going to be dealing with the factory images, the division of labor, creation of wealth.

Freakonomics Radio
673. What Is Money?

And then I just realized maybe that wasn't as interesting as the idea that trade connects us and that money itself doesn't really have any value, but money exists as a kind of token that goes from person to person as we are connected through trade.

Freakonomics Radio
673. What Is Money?

Money doesn't really represent anything by itself, but it represents the amount of labor that we put into doing something.

Freakonomics Radio
673. What Is Money?

And to me, that was much more interesting and much more provocative.

Freakonomics Radio
673. What Is Money?

Once you start with this idea that I'm connected to people, then the next question is, well, how far does that connection work?

Freakonomics Radio
673. What Is Money?

If I love my neighbor, well, who's my neighbor?

Freakonomics Radio
673. What Is Money?

How big is my neighborhood?

Freakonomics Radio
673. What Is Money?

I'm not sure that I got changed by anything that I read because I read it with a particular eye from the beginning.

Freakonomics Radio
673. What Is Money?

I'm not that interested in money, to be honest.

Freakonomics Radio
673. What Is Money?

I mean, are you interested in having some?

Freakonomics Radio
673. What Is Money?

Well, that's an interesting question.

Freakonomics Radio
673. What Is Money?

I'm interested in having enough.