Preview Mode Links will not work in preview mode

The Y in History

Sep 17, 2022

The first bank bailout in history, happened in Rome in 33 A.D. The first medium of exchange was the barter system and this was replaced by Commodity Money. Coins were first minted in Lydia (modern day Turkey) and Chinese were the first to make paper money.

Money continued to evolve and the latest disruption has...


Sep 3, 2022

Around late 18th Century the acceleration in the processes of technical innovation brought about new tools and machines which led to the concept of mass production, thereby triggering an Industrial Revolution.
It's impact was profound - from the creation of a new Middle Class to a new set of wealthy...