Dr Koontz and Rev Fisk continue last week’s discussion of the difference between fathers and managers. They talk about the importance of understanding and engaging in local politics, the politics of slavery, the pros and cons of democratic systems, and the compromising nature of the regime.
Dr Koontz and Rev Fisk discuss money and economics, starting with the building of centralized economic systems and the three functions of currency: why it is or isn’t used. They talk about the mercantile revolution of the West, living in a “gift-economy” and avoiding debt, the unnatural aspects and historical uses of money, and the innovation of lending.
Mentioned in this episode: The Ascent of Money by Niall Ferguson.
Dr Koontz and Rev Fisk talk about the history of debt and slavery, looking at early and modern America, drawing parallels between slavery and anti-Covid measures taken by modern governments, and explain how financial debt is the other form of slavery used throughout history.