In Monetary Theory, a nine-hour course, Dr. Lawrence White explores the debate between market-based and government-controlled monetary systems, combining theory with historical evidence from gold standards to modern fiat currencies. We examine how money can emerge through market forces, the mechanics of fractional-reserve banking, and how central banks influence inflation. The course also addresses banking stability, market failure arguments, and the causes of inflation, including seigniorage. It concludes by evaluating monetary policy rules, inflation targeting, and alternatives like Bitcoin, and asks whether sound money requires commodity backing or if proper institutional design can achieve stability in fiat systems.
The Jack Docherty Show was a nightly comedy chat show which aired on Channel 5 in the United Kingdom between 1997 and 1999. Presented by comedian Jack Docherty the programme was one of the first to air on the channel, doing so as part of its opening night schedule on 30 March 1997. The show was recorded at London's Whitehall Theatre during the early evening and would then be broadcast in a late-night slot. It featured a mixture of chat with celebrity guests, comedy, and music, and followed a similar format to shows such as NBC's Late Night with David Letterman in the United States.