12.19.2011

Why Gold is Valuable

Photo courtesy of David Kestenbaum/NPR. Sanat Kumar, with table.



















Here at (a)biotic we are die-hard fans of just about every series produced by NPR.  One of our favorites is Planet Money.  Every week the show takes on a difficult economic situation or concept and breaks it down in a clever, easy to digest manner.  In general, Alex Blumberg leads a less than rag tag bunch of smarty-pants contributors who weave tales of the economy with interesting highlights culture and ecology.


One story a few months ago was particularly interesting, they tackled the question of why we, as a society, have valued gold. Over all the other elements in the world why does gold get the pole position?


They contacted Sanat Kumar, a chemical engineer at Columbia University and asked him to plow through the periodic table and tackle this question.  It is a fascinating tour through history and science.  You can read or listen to the story here:


http://www.npr.org/blogs/money/2011/02/15/131430755/a-chemist-explains-why-gold-beat-out-lithium-osmium-einsteinium


Enjoy!

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