Debt, bonds, and the bond market: lend to me and I’ll pay you back. Required
preparation for class:
Ferguson, The Ascent of Money, Chapter 2
Reflect on the following questions as you read this chapter: How did a bond market
broaden the ability to raise funds? How does the cost of credit impact other
markets? Week 3 Reflection. Is the bond market a big voting machine? For what are the Rothschilds
famous? How did access to funds impact the US Civil War? What is inflation? How
does Ferguson distinguish it from hyperinflation?
National debt articles
Palazzo, Unethical Decision Making, “The Power of Frames: How Write People Construct
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