Throughout time, many goods were used as a means of payment, that is, as money. This means that money is closely related to the concept of value, and that value is almost always measured in money. But is the amount fixed, or can it depend on what a particular person is willing to pay?
This short animated film talks about “The Paradox of Value”, introduced by one of the fathers of economics, Adam Smith, and here decoded by the young Indian economist Akshita Agarwa.
To answer the question “What is money after all?” that worries any visitor to the Money Museum, we chose a short film that leaves a clue about the Rai stones used as money in the Yap Islands, in the Pacific.
An incredible story that leaves all the young people who listen to it in the museum's activities open-mouthed, and not only because the stones Rai are economic evidence, but because they represent the best that humanity has: trust in others and a sense of community.
The biblical adjective serves to classify many things, but money…!?
The Gospels refer to various coins that circulated in the Middle East during the time when Christ and the apostles lived. Some of them were present in the exhibition "Money, Faith and Politics: coins and medals from the Vaticans" at the Money Museum.
Written just a few years after the death of Christ, the Gospels are one of the most significant documents in the history of civilizations, and this British Library resource offers information, images and exercises to understand the historical, artistic, literary, cultural importance of these documents that we all must to meet.
Dinheiros, ceitils, doubloons.... Deposits, foreign exchange, loans... what is money anyway? How did it come about? Why? Throughout the times, several solutions have been found to make transactions easier.
Let us understand how it has evolved from its origins, always in parallel with the present time. And can money divide or unite?