The Story of Economics

The story of how humans learned to coordinate with strangers — from gift economies through money, markets, and the great experiments of the twentieth century.

The Story of Economics

The story of how humans learned to coordinate with strangers.

Economics is not merely the study of money and markets — it's the story of how humans solved the problem of cooperation at scale. From gift economies that bound small communities together, through the invention of money and markets, to the great ideological experiments of the twentieth century, this book traces the evolution of our coordination technologies and the questions that remain open.

Total listening time: ~5 hours

Part I: Before Money
Chapter 1 The Gift That Binds
How did humans coordinate before money?
Chapter 2 The Barter Myth and the Debt Truth
Did we really start by trading goods directly?
Chapter 3 When Strangers Had to Trade
How did commerce emerge between communities?
Part II: The Invention of Money
Chapter 4 The Technology of Trust
What made money possible?
Chapter 5 What Money Made Possible
How did money transform human societies?
Chapter 6 The Shadow Price
What does money fail to measure?
Part III: The Price System
Chapter 7 The Genius of Price
How do prices coordinate millions of decisions?
Chapter 8 When Markets Fail
What are the limits of market coordination?
Chapter 9 The Losers' Ledger
Who bears the costs of economic progress?
Part IV: The Great Debate
Chapter 10 The Socialist Calculation
Can we plan an economy without prices?
Chapter 11 The Great Experiments
What did the 20th century teach us?
Chapter 12 The Lesson in the Collapse
Why did central planning fail?
Part V: The Modern Synthesis
Chapter 13 The Keynesian Synthesis
How did Keynes reshape economic thinking?
Chapter 14 The Neoliberal Turn
What drove the market revolution of the 1980s?
Chapter 15 Piketty's Warning
Is inequality baked into capitalism?
Chapter 16 The Fraying Consensus
Why is economics in crisis?
Part VI: The Questions Ahead
Chapter 17 Money as Constraint
Do governments really run out of money?
Chapter 18 The Venus Dream
Could we design an economy from scratch?
Chapter 19 The Automation Question
What happens when machines do all the work?
Chapter 20 The Coordination Discontinuity
Are we approaching a fundamental shift?
Chapter 21 The Open Question
What comes next?

Credits

This book was created through human-AI collaboration within the CORA system.

  • Research & Scoping: Ada
  • Writing: Chronicler
  • Developmental Edit: Willa
  • Fact-Check: Vera
  • Line Edit: Willa
  • Copy Edit & Proof: Dewey
  • Coordination: Ivy
  • Sign-off: Joshua

Part of the Chronicles of Coherence series.