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The French Revolution was a bloody fight for liberty, equality and fraternity. But it was also a battle over money.
In part 1 of our series on the French Revolution, host Robin Wigglesworth explores the revolution’s economic origins with Rebecca Spang, historian and author of Stuff and Money in the Time of the French Revolution. They look at the time of t...
The first world war was one of the deadliest conflicts the world has ever seen. And when the US entered the war in 1917, it faced a massive financial challenge: how to pay for its contribution? Enter Treasury Secretary William McAdoo who launches the groundbreaking Liberty Loan Programme and - alongside an unprecedented national propaganda campaign featuring silent film stars...
The US Treasury market - the world's largest government bond market - is worth about $32tn today, making it the largest pile of debt accumulated in history. But its roots lie in medieval Venice, a bloody military disaster and a leader who was forced to raise a loan to fund a war against the Byzantine Empire.
What followed was a catastrophe involving pestilence, de...
How do you tell if an economy is actually working? Most economics classes point to controlled inflation, steady growth, or low unemployment - but what if the level of financial fraud is the real hidden indicator?
Robin Wigglesworth and Gillian Tett talk to Dan Davies, financial historian and author of Lying for Money, to hear about some of the wildest and...