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FM on Money (5) Origins 27 Aug 2013 | 01:53 am
Felix Martin gets into a debate about the origins of money. The original idea that is expounded by economists is that money was originally a commodity. God or silver were the most common, because they...
FM on Money (4) Banks on Strike 24 Aug 2013 | 09:52 am
Felix Martin tells the story of a strike by the bank officials union that shut down Irish banks for more than six months. Business carried on without too much disruption, while the banks were closed....
FM on Money (3) Tally Sticks 23 Aug 2013 | 10:11 am
Felix Martin records some interesting stories about the history of money to support his theory that the conventional view of money is wrong. The Exchequer tally sticks were an interesting portable mea...
Felix Martin on Money (2) Liquidity Transformation 22 Aug 2013 | 02:55 am
According to the theory, at least, banks achieve "liquidity transformation"; they transform their liquid, short-term deposit liabilities into illiquid, long-term loans. But the notion of liquidity tra...
Felix Martin on Money (1) 20 Aug 2013 | 01:21 pm
I have just finished reading Money: The Unauthorised Biography by Felix Martin. He has an interesting comment about the disconnect between the disciplines of economics and finance. From the moneyless...
A World Without Debt 12 Aug 2013 | 12:44 pm
Edward Hadas has written a good article on the problems of debt. He says that he dreams of a world without debt. Here are his reasons. Loans and bonds are poorly designed for their primary economic pu...
Whose Standard? 10 Aug 2013 | 08:07 am
When I read the following word I smile, and wonder if Paul chuckled to himself, as he wrote them. As the church submits to Christ, so also wives should submit to their husbands in everything (Eph 5:24...
Which is Easier? 9 Aug 2013 | 09:30 am
Jesus said that it is easier to heal the sick than to forgive sins. Which is easier: to say, ‘Your sins are forgiven,’ or to say, ‘Get up and walk’? But I want you to know that the Son of Man has aut...
Healing 8 Aug 2013 | 02:02 am
Earlier this year, I published book called Healing: Insights for Christian Elders. I realised at the time that the church is not ready for it. I tend to see things far ahead, so what I describe in the...
Directed Evolution 5 Aug 2013 | 09:30 am
Many Christians have accepted the scientific view of human origins. One approach adopted is Directed Evolution. It assumes that God intervened in an evolution process to bring about his plans. These i...
