An experiment introduced capitalism to monkeys, these were the results

Money makes the world go around
It's a jungle out there!
Monkey business
The Economic Laws of the Jungle
At Yale
Teaching the ABCs of capitalism
Free-range market
Monkey see, monkey do
Even a monkey can do it!
No monkeying around!
It did not involve playing roulette, though
You can't spell grape without ape!
Better odds?
To err is human (and monkey!)
See no evil...
Monkeys of the night?
Are we closer to animals than we'd like to admit?
Money makes the world go around

They say that money makes the world go around. What is true is that it is hard to imagine our lives without currency. However, humans might not be the only ones.

It's a jungle out there!

Believe it or not, scientists have actually managed to teach one type of animal how to incorporate a currency in the daily routine.

Monkey business

In 2005, two researchers from Yale University introduced the basic concept of money to seven Capuchin monkeys. Their experiment went into unexpected places.

The Economic Laws of the Jungle

As The New York Times explained, economist Keith Chen and psychologist Laurie Santos taught the seven Capuchin monkeys how to buy grapes, apples, and Jell-O using small disks as currency.

From: @girlwithredhat / Unsplash

At Yale

The experiment took place in a clean, controlled environment: A spacious laboratory in the Yale-New Haven Hospital.

Teaching the ABCs of capitalism

Teaching the monkeys wasn’t an overnight process: It took Chen and Santos several months of repetition for the Capuchin to learn how to exchange the disks for food.

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Free-range market

The BBC commented that the researchers set up a tiny, makeshift market where the Capuchin monkeys could exchange the tokens for different food items at different prices.

Image: @peterf / Unsplash

Monkey see, monkey do

After the monkeys grasped the concept of currency exchange, the researchers introduced different prices for different items, to see if the Capuchin monkeys would notice.

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Even a monkey can do it!

Much to their surprise, the monkeys quickly understood the idea of buying the cheapest food items to take the most advantage of their money. In other words, they learned how to budget.

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No monkeying around!

Opportunism also arose among the monkeys. If they saw a displaced token lying around, they would try to grab it when the scientists weren’t paying attention.

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It did not involve playing roulette, though

The New York Times reported that Chen and Santos also introduced very basic gambling games.

Image: @freewalkingtoursalzburg / Unsplash

You can't spell grape without ape!

In one gambling game, one vendor would exchange a token for two grapes and the vendor would give them either one or three grapes. The monkeys went with the safest choice and opted to buy the two grapes for one token.

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Better odds?

Then the scientists changed things around, with the monkeys getting either two grapes or having the possibility of a third grape or losing one. This time, the Capuchin monkeys chose the riskier bet.

Image: @introspectivedsgn / Unsplash

To err is human (and monkey!)

Chen pointed out that the Capuchin monkeys followed the same thought process as your average gambler or stock exchange investor.

See no evil...

Although the monkeys never consciously saved any tokens, one of them tried to steal a whole tray full of disks, which the researchers then had to negotiate using food items to get them back.

Image: @joyernst / Unsplash

Monkeys of the night?

However, the most shocking discovery was seeing that the Capuchin monkeys figured out on their own to exchange tokens for sex among each other.

Are we closer to animals than we'd like to admit?

Perhaps our furry cousins from the animal kingdom are more human than we imagine. Or maybe, we are closer to animals that we like to admit.

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