The Money Problem | Session 1

This is the first of two sessions for reading and discussing Morgan Ricks' book The Money Problem. In this session we will cover the Introduction and Part 1 (through chapter 4).

From the jacket:
"Years have passed since the world experienced one of the worst financial crises in history, and while countless experts have analyzed it, many central questions remain unanswered. Should money creation be considered a ‘public’ or ‘private’ activity―or both? What do we mean by, and want from, financial stability? What role should regulation play? How would we design our monetary institutions if we could start from scratch?"