What ‘Hamilton’ can teach us about central banking

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Cast of Hamilton perform at 'Hamilton' Broadway Opening Night at Richard Rodgers Theatre. David Brancaccio
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Cast of Hamilton perform at 'Hamilton' Broadway Opening Night at Richard Rodgers Theatre. David Brancaccio

What ‘Hamilton’ can teach us about central banking

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Authorities at the Federal Reserve are meeting next week on whether to start raising interest rates for the first time in nine years. And if you head over to Broadway, there’s a history lesson being performed every night about Alexander Hamilton fighting for what would eventually become the Fed.

Jeffrey Seller, one of the producers of the Broadway blockbuster, joined us to talk about taking a risk on a show about America’s first treasury secretary, and what the show’s ticket lottery system teaches us about queuing theory.