World Model · podcast knowledge graph

This Is How Finance and Banking Worked Before Computers

2023-06-22 · 44 min · 12 entities

Asserted relationships

  • → discusses Business concept
    0.40
    evidence rules-v4
    Feed category: Business
  • → discusses News concept
    0.40
    evidence rules-v4
    Feed category: News
  • → discusses Investing concept
    0.40
    evidence rules-v4
    Feed category: Investing
  • → discusses News Commentary concept
    0.40
    evidence rules-v4
    Feed category: News Commentary
  • → hosted by Bloomberg company
    0.40
    evidence rules-v4
    Feed author/publisher: Bloomberg
  • → discusses Business News concept
    0.40
    evidence rules-v4
    Feed category: Business News

Entities found in this episode

concepts 9

  • mentioned Business concept
    0.50
    evidence rules-v4
    Feed category: Business
  • mentioned Investing concept
    0.50
    evidence rules-v4
    Feed category: Investing
  • mentioned News Commentary concept
    0.50
    evidence rules-v4
    Feed category: News Commentary
  • mentioned Business News concept
    0.50
    evidence rules-v4
    Feed category: Business News
  • discusses Business concept
    0.40
    evidence rules-v4
    Feed category: Business
  • discusses News concept
    0.40
    evidence rules-v4
    Feed category: News
  • discusses Investing concept
    0.40
    evidence rules-v4
    Feed category: Investing
  • discusses News Commentary concept
    0.40
    evidence rules-v4
    Feed category: News Commentary
  • discusses Business News concept
    0.40
    evidence rules-v4
    Feed category: Business News

companys 2

  • mentioned Bloomberg company
    0.70
    evidence rules-v4
    Feed author/publisher: Bloomberg
  • hosted by Bloomberg company
    0.40
    evidence rules-v4
    Feed author/publisher: Bloomberg

books 1

  • mentioned Virtuous Bankers book
    0.72
    evidence rules-v4
    author of Virtuous Bankers
Episode description as stored
We're used to thinking of modern finance as practically synonymous with computers. Banks are basically just big collections of Excel spreadsheets, keeping track of who owes what to whom. And most trading nowadays is done by clicking a button on a screen. But how did all this work before we had this type of technology? And what can previous technological revolutions tell us about the direction of new ones, such as the potential deployment of artificial intelligence? In this episode, we speak with Anne Murphy, history professor at the University of Portsmouth and the author of Virtuous Bankers: A Day in the Life of the Eighteenth-Century Bank of England , as well as John Handel, postdoctoral fellow at the University of Virginia McIntire School of Commerce. They walk us through just how banking and finance was done in the days before computers, telephones and even the telegraph. See omnystudio.com/listener for privacy information.