Odd LotsOdd Lots

This Is How Finance and Banking Worked Before Computers

View descriptionShare

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.

  • Facebook
  • Twitter
  • WhatsApp
  • Email
  • Download

In 1 playlist(s)

  1. Odd Lots

    784 clip(s)

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics 
Social links
Follow podcast
Recent clips
Browse 784 clip(s)