In this episode of Money Lessons, Andy explores the evolution of sovereign debt from its early origins in ancient Mesopotamia to its transformation into a systematic foundation for modern nation-states. 

He discusses the role of the Fugger family in early sovereign lending, the impact of the Glorious Revolution on government borrowing, and the establishment of the Bank of England, which revolutionized the way governments manage debt. Temte emphasizes the importance of institutional credibility in sovereign lending and warns of the risks of complacency in borrowing practices.

In this episode of Money Lessons, Andy explores the historical evolution of debt securities, focusing on the significance of debt instruments compared to equity ownership. He discusses the origins of debt securities in ancient civilizations, their legal frameworks, and their impact on modern economies. The episode emphasizes the importance of understanding both debt and equity for effective wealth building.

This episode of Money Lessons explores the evolution of equity investing, highlighting how technology has transformed stock ownership from an exclusive privilege to a widely accessible opportunity. 

Andy discusses the historical context of investing, the impact of regulatory changes, and the rise of online trading platforms. The conversation emphasizes the importance of financial literacy in navigating this new landscape, where accessibility does not guarantee wisdom in investment decisions.

News Flash! The Saturday Morning Muse is now MONEY LESSONS with Andrew Temte, PhD, CFA! 

Since the beginning of 2025, the show has been focused on the topic of  financial literacy and we’ll be creating financial literacy lessons for the foreseeable future! 

In this episode of Money Lessons, Andy discusses the evolution of equity securities markets, focusing on mutual funds and index funds. 

He explains how these investment vehicles democratized access to the stock market, allowing ordinary Americans to achieve diversification and participate in equity markets. The episode highlights the historical context of mutual funds, the revolutionary impact of index funds, and the future of investing with technology.

In this episode of Saturday Morning Muse, Andy explores the evolution of financial markets, focusing on the investor optimism of the 1920s, the catastrophic market crash of 1929, and the subsequent regulatory reforms that shaped modern securities laws. 

The discussion highlights the role of margin trading, the impact of speculation, and the necessity for investor protection through regulatory oversight.

In this episode of Saturday Morning Muse, Andy explores the evolution of financial literacy and the impact of information technology on stock trading. 

He discusses how the telegraph revolutionized communication in the 19th century, enabling faster and more efficient trading. The introduction of the stock ticker further democratized access to market information, but also led to new challenges such as manipulation and speculation.