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Are there any books/websites that start from actual scratch and rederive the modern financial system from first principles? e.g. "Alice has an apple orchard, Bob has a banana orchard. They'd like to trade these directly, but apple season isn't the same as banana season. Therefore, Alice gives Bob an apple in exchange for a token, then uses that token later to obtain a banana from Bob. We've now derived the concept of money." But do that for the much more complex topics (stocks, bonds, loans, interest, etc.) Some context: I like this mechanism for learning new things, because it's easy to be assured of understanding something if you are forced to learn everything that underpins it. (For a comparison to tech-topics, see nand2tetris, which starts at a NAND gate (the most fundamental electronic building block) and builds a full computer, programming language, etc and ends with building Tetris. This is hugely useful to understanding how the parts of a computer work) |