Amal Varghese Presents: A History of Money, Debt and Interest Rates

Schedule

Tue May 26 2026 at 12:00 pm to 01:00 pm

UTC+10:00

Location

State Library Victoria | Melbourne, VI

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What is money? How should we think about debt and credit? What should the cost of borrowing money be? Is there a natural rate of 'interest'?
About this Event

A History of Debt, Money and Interest Rates


The history of money across all societies, throughout all the ages, has fascinated me for the longest time.
How did people cooperate in times past? Did they barter?
When did the earliest form of 'money' emerge? How did they arrive at a schelling point?
Gold and silver are the most 'lindy' of the contenders for money. We know that because both are still in demand today.
How did debt emerge in ancient societies? What is the natural rate of interest, as applied to money?
What level of interest is sufficient to incentivise risk-taking and entrepreneurship?
At what level of interest is an investor willing to part ways with his or her money, for a time?

Is interest simply the 'price of time' as Edward Chancellor contends?
Location: State Library Station (Participants will be emailed with the exact room 24 hours prior to the event).


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Where is it happening?

State Library Victoria, 328 Swanston Street, Melbourne, Australia

Event Location & Nearby Stays:

Tickets

AUD 0.00

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