Common Sense Soapbox
About this show
Short videos with a punchy, comedic tone and entertaining Socratic characters taking on trending issues and important concepts from a classical liberal perspective, written & animated by Seamus Coughlin.
Money. It Solves Problems.
January 14, 2020
It might seem really simple, but for all the hate the concept of money gets, it's actually incredibly important to a functioning economy because it solves several fundamental problems for people trying to get what they want, starting with the "double coincidence of wants".
In a barter system, both you *and* the person you're hoping to trade with have to want what each other has at the same time. But most of the time, that doesn't happen. Money makes it possible for you to get what you need without needing to have *exactly* what someone else wants.
Written by Seamus Coughlin, Jennifer Maffessanti, and Sean W. Malone
Animated by Seamus Coughlin
Edited by Sean W. Malone