Understanding Modern Money By Playing a Game of Monopoly


New Economic Perspectives has the May 17, 2012 article Playing Monopolis Monopoly: An inquiry into why we are making ourselves so miserable. Don’t let the word Monopolis throw you. This is just mostly regular Monopoly.

If you have ever played or think you can learn to play the children’s board game of Monopoly, then you can understand this explanation of Modern Money Theory.

It wouldn’t surprise me to learn that the inventors of this game had in mind exactly this goal of teaching. (So look this idea up on Google and find the WikiPedia article History of the board game Monopoly.)

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