What is Money? (plus Reading Habits w/ Dan Solin) (EP.207)

<p>Today, we welcome back Dan Solin, who joined us almost four years ago for an episode on evidence-based investing. Before we talk to Dan about his reading habits as an author and find out more about his latest book, <em>Ask: How to Relate to Anyone</em>,<em> </em>we share some updates from our Financial Goals Survey and feedback we’ve received about the show. We then unravel what money is with Dan and dive into the different theories and papers written about the topic. We discuss the ideological underpinnings of money, where and how it first began, and the standard definition of money, as well as why this definition is essential to shaping policy. Tuning in, you’ll also hear how Dan finds the books he reads, what his favourite types of books are, and whether he recommends books to people, plus he shares why he believes reading is so essential, and much more. Don’t miss out on another well-rounded and informative episode of the Rational Reminder Podcast with Dan Solin, a staunch advocate for evidence-based investing and a <em>New York Times</em> bestselling author.</p> <p> </p> <p><strong>Key Points From This Episode:</strong></p> <p> </p> <ul> <li>An update on the progress of our Financial Goals Survey. <strong>[0:03:32]</strong></li> <li>Your monthly update on the reading challenge and how to get involved. <strong>[0:04:52]</strong></li> <li>An update from our limited crypto series and some of the feedback we’ve received. <strong>[0:08:00]</strong></li> <li>This week’s book review: <em>The Scout Mindset</em>. <strong>[0:16:29]</strong></li> <li>Simple set of tools to help you assess biases when receiving new information. <strong>[0:19:18]</strong></li> <li>Following up on private investments concerning real estate. <strong>[0:24:32]</strong></li> <li>Onto the main topic of the show with Dan Solin: money and what it is. <strong>[0:29:09]</strong></li> <li>Where the perception and definition of money originated from. <strong>[0:31:00]</strong></li> <li>Unpacking an alternative definition of money by Adam Smith.