26 Jul 2024
34m

Summer School 3: The first stock and perpetual life

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Planet Money

This podcast episode explores the origins of the stock market through the story of Isaac Lemaire and the Dutch East India Company, illustrating the intricate relationship between early trading practices, the advent of share ownership, and the development of financial tools like bonds and short-selling. It highlights the lasting impact of these innovations on modern finance, emphasizing the delicate balance of trust, the potential for market instability, and the evolutionary nature of economic systems.

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