(It's the second story!)
This blog compiles the thoughts of UCLA undergraduates on the connections between economic history and current events. All contributors to this blog are enrolled in Ec183, The Development of Economic Institutions in the United States. The premise of this course is the history matters. The careful application of economic theory and quantitative reasoning can help us understand the past.
Friday, November 11, 2011
When Foreign Currencies are Tied Together
All that talk in class the other day about how currencies that were linked by the Gold Standard and what problems that created made me think about our currencies today. This story from NPR's planet Money is really interesting because it talks about the problems of dismantling some of the ties that bind countries that use the Euro. Here's the link: http://www.npr.org/templates/rundowns/rundown.php?prgId=2&prgDate=11-10-2011
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