Robert Graboyes on Monetary History of Small Coins

Robert Graboyes is a senior research fellow and health economist at the Mercatus Center and has formerly worked for the Federal Reserve Bank of Richmond and Chase Manhattan Bank. Robert joins the show today to talk about monetary history and specifically the history of small coins. David and Robert also discuss a number of different coins and the history surrounding them, ranging from civil war tokens to early Roman currencies.   Transcript for the episode: https://www.mercatus.org/bridge/podcasts/05132019/robert-graboyes-monetary-history-small-coins   Robert’s Twitter: @Robert_Graboyes Robert’s Mercatus profile: https://www.mercatus.org/robert-graboyes   Related Links:   *Anticipations of the General Theory?* by Don Patinkin https://www.press.uchicago.edu/ucp/books/book/chicago/A/bo5964857.html   *Notre-Dame and the Myth of Timelessness* By Robert Graboyes https://www.mercatus.org/bridge/commentary/notre-dame-and-myth-timelessness   Coins discussed during the interview:   20th century token from Kopper’s Stores, a coal mine company store in West Virginia: https://i.imgur.com/T6wBLX7.jpg   A coin from Diocletian: https://i.imgur.com/9wZCdj2.jpg   Groat (four pence) piece from Henry VII: https://i.imgur.com/bkxbK8j.jpg   U.S. Trade Dollar, designed specifically for use only in the Orient: https://i.imgur.com/cXPNwr6.jpg   Civil War token, used as private coinage during the wartime inflation and metal shortage: https://i.imgur.com/HzLlIAb.jpg   Trade token, origin unknown: https://i.imgur.com/3LFt03B.jpg   David’s blog: macromarketmusings.blogspot.com David’s Twitter: @DavidBeckworth