I went to the onsen today, and while relaxing in between soaks I listened to talks for my #AcademicRunPlaylist!

First was a fantastic discussion between Ann Lipton and Michael Levin on just what private ordering is, reasons for its surge in popularity, and while it ultimately still relies on government power on the Shareholder Primacy podcast. Highly recommend https://www.youtube.com/watch?v=G4UMRs99bLQ

Last was "Promise to Pay" by Katie Moore. This is an amazing, unique look into pre-Revolutionary War paper money in British North America, revealing the fascinating origins of American finance. Moore demonstrates how debts and power were primary driving forces of the development of paper money, and how challenging these early efforts at macroeconomic policy were (albeit not so macro given the scale of the society at that point). This book is an important addition to both the US history and monetary policy history canons. Highly recommend https://press.uchicago.edu/ucp/books/book/chicago/P/bo236184401.html