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The Story of Money

Financial Times
Donald Trump
China
Private Equity
Artificial Intelligence
Financial Times
Federal Reserve
US Economy
Elon Musk
Electric Vehicles
Tariffs
Berkshire Hathaway
Northvolt
Palantir Technologies
Mergers and Acquisitions
Investment
Islamic Banking
Wall Street
KKR
Blackstone
Warren Buffett

FT columnist Gillian Tett and FT Alphaville editor Robin Wigglesworth dig into the ideas, personalities and institutions that have shaped the history of finance.

Hosted on Acast. See acast.com/privacy for more information.

PublishesWeeklyEpisodes340Founded8 years ago
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Artwork for The Story of Money

Latest Episodes

In 1873, Ohio senator John Sherman quietly helped pass a law that stopped Americans from turning silver into official US money. The consequences were huge: years of economic pain and political turmoil that earned it the nickname “the Crime of 1873”. ... more

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He was the bruiser of Wall Street. In the early noughties, New York attorney-general Eliot Spitzer took it upon himself to expose the lies of stock analysts during the dotcom bubble. His crusade blindsided the bankers and made him one of America's mo... more

Did you know that the Prophet Mohammed was a caravan trader? He helped arrange convoys of thousands of camels carrying valuable goods across the Arabian desert. And he put his commercial nous to good use. Not only did he found one of the world’s grea... more

The 1873 Gründerkrach, the spectacular stock market crash that followed Germany’s unification, is one of history’s great financial maelstroms. But its most enduring legacy isn’t about money. Host Robin Wigglesworth speaks to Pulitzer Prize-winning au... more

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Recent Guests

Brooke Masters
FT colleague, US managing editor of the FT in America
Financial Times
Episode: The ‘Sheriff of Wall Street’ who exposed bankers’ lies
Benedikt Koehler
Author of Early Islam and the Birth of Capitalism
Institute of Economic Affairs
Episode: Mohammed: prophet, trader . . . and capitalist?
Liaquat Ahamed
Author of Laws of Finance; financial historian
Author of Laws of Finance; 1873
Episode: How a stock market crash gave birth to modern antisemitism
Kim Bowes
Professor of Ancient History and Archaeology, University of Pennsylvania
University of Pennsylvania
Episode: The hidden financial world of ancient Rome
Richard Sylla
Financial historian, Professor Emeritus of Economics at NYU Stern
New York University Stern School of Business
Episode: The canal that shaped American finance
Robert Armstrong
FT US Financial Commentator, host of the Unhedge Podcast, FT writer
Financial Times
Episode: The trader who made $100mn from the 1929 crash — only to lose it all
Thomas Levenson
Author; MIT professor of science writing
Massachusetts Institute of Technology
Episode: South Sea Bubble: the shoemaker’s son who sparked Britain’s first financial crisis
Hettie O'Brien
Author of The Asset Class and long read writer at The Guardian
The Guardian
Episode: The 1980s Garfield buyout that changed corporate finance
Brendan Greeley
Author of The Almighty Dollar
Financial Times
Episode: The US dollar’s ‘immigrant’ origins

Hosts

Gillian Tett
Host of The Story of Money
Robin Wigglesworth
Co-host of The Story of Money

Reviews

4.6 out of 5 stars from 1.2k ratings
  • Clear bias

    Leave it to the FT to evidence clear bias in the guest selection and the snide comments. How about trying something unique, let’s try not to evidence your severe TDS. I have had enough. I don’t need to hear another word.

    Apple Podcasts
    1
    RedstateX
    United Kingdom2 months ago
  • The Story of Money

    This season is such a disappointment. You have what could be interesting topics, but for whatever reason everything has to be tied back to Trump this, Trump that. We get it; you're obsessed. Not all of us are.

    Apple Podcasts
    1
    Nanda Farai
    Canada2 months ago
  • Keep it up

    I really enjoy your podcast. The historical topics are very interesting and I am learning about things that I heard about but at the time when it was actually happening I was to young to understand

    Apple Podcasts
    5
    MVTTUTX82
    United States3 months ago
  • So disappointing

    Such an interesting set of topics but they make it so hard to keep listening. Tett is just not good at interviewing or presenting and Wigglesworth for all his amazing FTA articles, just can’t weave a spoken narrative or ask good questions. They are trying to copy OddLots but they lack the chemistry and the interview skills. Very disappointing. You might as well have Siri read an article.

    Apple Podcasts
    1
    someone-reviewing-podcasts
    United Kingdom3 months ago
  • Could have been better

    Oh dear, the presenters treat listeners like morons. Great subject spoiled by presenters trying to make it ‘accessible’. I gave up rather quickly.

    Apple Podcasts
    3
    qazxsw62
    Australia3 months ago

Listeners Say

Key themes from listener reviews, highlighting what works and what could be improved about the show.

Overall, listeners appreciate the depth and historical framing of financial topics.
Some listeners feel the show is biased or repetitive in focusing on certain narratives.
Appeal for serious, evidence-based finance history fans, with some calls for more accessible delivery.
Quality of interviews and production receive mixed feedback, with praise for strong guests but critique of hosting style.
The show is frequently recommended to those who want to understand how past financial events shape today's markets.

Chart Rankings

How this podcast ranks in the Apple Podcasts, Spotify and YouTube charts.

Apple Podcasts
#211
United States/Business
Spotify
#48
United Kingdom/Business
Apple Podcasts
#24
United Kingdom/Business
Apple Podcasts
#58
Canada/Business
Apple Podcasts
#44
Italy/Business
Apple Podcasts
#109
Australia/Business

Talking Points

Recent interactions between the hosts and their guests.

The hidden financial world of ancient Rome
Q: How did ordinary Romans access credit and manage debt when drought or poor harvests hit?
Credit was pervasive and often tied to collateral like land, dowries, or even family members' labor. Debt could be secured through assets or labor, and families used a mix of loans, pawn, and wage labor to survive. Even in hardship, many used money as a flexible instrument—moving between cash, credit, and goods—rather than relying solely on coin for transactions.
The 1980s Garfield buyout that changed corporate finance
Q: Why did many see this as a turning point for the private equity industry?
Because it demonstrated the profitability of highly leveraged acquisitions at scale, captured broad media attention, and inspired a flood of similar transactions that transformed Wall Street and the corporate landscape, despite later critiques about value creation and long-term impact.
The 1980s Garfield buyout that changed corporate finance
Q: How did this deal manage to buy Gibson Greetings with so little own capital and such heavy debt?
The deal used a small equity stake of about $1 million and borrowed roughly $79 million, with real estate proceeds and financing arrangements, plus ongoing fees charged to the company, effectively recouping the initial equity and financing the purchase largely through debt.
The financial crash that created Britain’s first prime minister
Q: How did Walpole navigate the crisis and reshape Britain's finances?
Walpole reduced and restructured the debt, prevented a sovereign default, and transformed South Sea stock into bonds, thereby creating a functioning national debt market and consolidating his political power as a stabilizing reformer.
The financial crash that created Britain’s first prime minister
Q: What was the South Sea Company, and why did it cause such a disaster?
It was a government-debt management scheme turned into a stock venture, where inflated promises and speculative buying drove prices to unsustainable levels, leading to a dramatic collapse that exposed the fragility of debt-led finance.

Audience Metrics

Listeners, social reach, demographics and more for this podcast.

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Frequently Asked Questions About The Story of Money

What is The Story of Money about and what kind of topics does it cover?

A history-focused finance show that explores how money, markets, and monetary systems evolved through time. Across episodes, hosts illuminate the ideas, people, and institutions that shaped finance—from ancient economies to modern banking, monetary policy, and private equity. Notable strengths include deep historical context, access to renowned historians and economists, and a narrative style that ties together policy, technology, and culture. The format often features expert guests and insightful storytelling that helps listeners connect macro events to everyday financial life. The podcast is likely to appeal to listeners who enjoy rigorous history-led finance analysis and want takeaways useful for understanding today's economic world.

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Which podcasts are similar to The Story of Money?

These podcasts share a similar audience with The Story of Money:

1. Unhedged
2. The Economics Show
3. FT News Briefing
4. FT Tech Tonic
5. The Rachman Review

How many episodes of The Story of Money are there?

The Story of Money launched 8 years ago and published 340 episodes to date. You can find more information about this podcast including rankings, audience demographics and engagement in our podcast database.

How do I contact The Story of Money?

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Where can I see ratings and reviews for The Story of Money?

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What guests have appeared on The Story of Money?

Recent guests on The Story of Money include:

1. Brooke Masters
2. Benedikt Koehler
3. Liaquat Ahamed
4. Kim Bowes
5. Richard Sylla
6. Robert Armstrong
7. Thomas Levenson
8. Hettie O'Brien

To view more recent guests and their details, simply upgrade your Rephonic account. You'll also get access to a typical guest profile to help you decide if the show is worth pitching.

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