Liberty Street Economics
Return to Liberty Street Economics Home Page

110 posts on "Historical Echoes"

May 20, 2016

Historical Echoes: When Fed Chairs Expound on Life



LSE_janet-yellen-at-NYU-commencement

J.K. Rowling, David Byrne, Eric Idle—In recent years, these captivating figures have delivered commencement addresses at Harvard, Columbia University and Whitman College, respectively. Of course, Federal Reserve chairs give commencement speeches too, and good ones. NPR maintains a list of some standouts, “The Best Commencement Speeches, Ever” (this is a cool interactive website that enables you to search by name, school, year, or by theme—play, inner voice, embrace failure, change the world, make art, etc.). Its roundup of graduation season remarks includes Janet Yellen’s 2014 speech at New York University, and Ben Bernanke’s 2013 speech at Princeton. Another list, “Best Commencement Speeches Of All Time,” includes Alan Greenspan’s 1999 commencement speech at Harvard.

Continue reading "Historical Echoes: When Fed Chairs Expound on Life" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (1)

May 06, 2016

Historical Echoes: Echoes, Schmechoes, This Post Only Has a Drop of History in It



LSE_2016_he-fed-scmed_farber_460b_art

You might hear: “Economy eschmonomy.” Another possibility is: “Economy schmeconomy.” This phenomenon of repeating a word with the prefix shm- (or sometimes “schm-”), is called shm-reduplication. It challenges the relevance and sometimes the value of the repeated word, and examples can be found in articles like this Newsday clip “The High End: Economy, shmeconomy — the rich still travel.”

Continue reading "Historical Echoes: Echoes, Schmechoes, This Post Only Has a Drop of History in It" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (1)

November 13, 2015

Historical Echoes: The Fed’s Ties to the Barbie Doll



LSE_2015_historical-echoes-barbie_460_art

Which of the following statements is true (you may choose more than one):  (a) you are more likely to get a job at the Fed if you look like a Barbie doll, (b) you are less likely to get a job at the Fed if you look like a Barbie doll, (c) the inventor of the Barbie doll sat on the Board of Directors of a Federal Reserve Bank, (d) a key cleaner/restorer of the Federal Reserve Bank of New York building has strong ties to Architect Barbie, (e) a Federal Reserve Bank has used Barbie in its economic education program.

Continue reading "Historical Echoes: The Fed’s Ties to the Barbie Doll" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (0)

October 16, 2015

Historical Echoes: Who Wants to Be the Richest Economist?



LSE_2015_hist-richest-economist_farber_460_art

You might think that, given the extreme levels of wealth that exist today, the richest economist would be someone who was still alive. But you’d be wrong.

Continue reading "Historical Echoes: Who Wants to Be the Richest Economist?" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (3)

August 28, 2015

Historical Echoes: How Members of the Society for Creative Anachronism Make Money



LSE_2016_he-anachronism-society-coining_460_art

Have you seen these people? You might come upon them wearing historic period garb. The Society for Creative Anachronism (SCA), founded in 1966, is, according to its website, “an international organization dedicated to researching and re-creating the arts and skills of pre-17th-century Europe.”  The members like to recreate life in an earlier time, which means using the technology existing at that time and eschewing later technology (not all the time, just when they are in “anachronism mode”).

Continue reading "Historical Echoes: How Members of the Society for Creative Anachronism Make Money" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (0)

July 14, 2015

Historical Echoes: The Woman Who Would Be Bank



LSE_2015_he-woman-roebling-200_art Mary Roebling (1904-94) was the first woman to serve as president of a major U.S.  bank. (She was also the first woman governor of the American Stock Exchange, among numerous other honors.) According to a New York Times obituary, she came into her position through a combination of happenstance and preparation:

Continue reading "Historical Echoes: The Woman Who Would Be Bank" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (0)

July 10, 2015

Historical Echoes: The Year of the . . . Pigeon?



Correction: In the original version of this post, a quote from the Museum of American Finance website stated that the telegraph arrived in the 1950s. This actually took place in the 1850s. The museum has now revised its site to reflect the correct year and we have revised the relevant text in our post. We regret the error.
carrier pigeon

One could say that Sesame Street character Bert’s extreme interest in paper clips is misguided, but his obsession with pigeons? Maybe not so much. Pigeons have played a role in financial history, with one such role described by Tony Chen during his walking tour of the Hutong district in Beijing. When his group of tourists reaches the Qianshi hutong (see video), he gives an almost unbelievable account of pigeons, exchange rates, and bank robbers during the Ming dynasty, as reported in Time Out Beijing:  

Continue reading "Historical Echoes: The Year of the . . . Pigeon?" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (0)

May 29, 2015

Historical Echoes: Move Over Oculus Rift and Google Cardboard, Let’s Pay Homage to the -- Stereoscopic Viewer!



LSE_2015_stereoscopic-viewer_farber_250_art Within the New York Public Library Digital Collections is the Robert N. Dennis Collection of Stereoscopic Views. Stereoscopic photographs were viewed with a stereoscopic viewer or stereoscope. According to the “About” tab of the NYPL page for the collection, “During the period between the 1850s and the 1910s, stereos were a mainstay of home entertainment, perhaps second only to reading as a personal leisure activity.” They also functioned as a way for people to travel vicariously, or as an aid to the study of history and other cultures. You know you’ve found an image meant to be seen with a stereoscopic viewer when it is double, with the images slightly askew from one another. The kinds of images that were particularly suitable as subjects for stereoscopic photography were those involving objects at varying distances from the viewer (for example, landscapes and cityscapes). (This is only one form of stereoscopy, which incorporates other technologies.)

Continue reading "Historical Echoes: Move Over Oculus Rift and Google Cardboard, Let’s Pay Homage to the -- Stereoscopic Viewer!" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (0)

April 03, 2015

Historical Echoes: Pop Culture Sold Savings Bonds



LSE_2015_historical-savings-bonds-adsn-450_art

U.S. savings bonds were created in 1935 under President Franklin D. Roosevelt to assist the United States in raising funds for a variety of government programs.

     One popular marketing tool was to enlist popular culture to sell the bonds, with television proving to be a natural outlet. An example was a commercial featuring Lucille Ball and Desi Arnaz encouraging people to buy U.S. savings bonds for Christmas.

Continue reading "Historical Echoes: Pop Culture Sold Savings Bonds" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (1)

February 13, 2015

Historical Echoes: No Valentines Please, We’re British



Eros-Central-Bank_The_Old_Lady_of_Threadneedle_St-450-(2)

It’s almost Valentine’s Day, and we’re not asking you questions or dispensing advice about it—that’s not (yet) our business. However, we can offer two attempts at humor regarding the Bank of England and amorous activity. The first touches upon a central bank’s fear for its reputation and the second its fear of being “manhandled” by the government.

Continue reading "Historical Echoes: No Valentines Please, We’re British" »

Posted by Blog Author at 7:00 AM in Historical Echoes | Permalink | Comments (1)
About the Blog
Liberty Street Economics features insight and analysis from economists working at the intersection of research and policy.

The views expressed are those of the authors, and do not necessarily reflect the position of the New York Fed or the Federal Reserve System.


Economic Research Tracker for iPad®

Liberty Street Economics is now available on the iPad® and can be customized by economic research topic or economist.

Most Viewed

Last 12 Months
LSE in the News

Access to linked content may require a subscription.


Useful Links
Feedback & Comment Guidelines
Liberty Street Economics invites you to comment on a post.
Comment Guidelines
We encourage you to submit comments, queries and suggestions on our blog entries. We will post them below the entry, subject to the following guidelines:
Please be brief: Comments are limited to 1500 characters.
Please be quick: Comments submitted more than 1 week after the blog entry appears will not be posted.
Please try to submit before COB on Friday: Comments submitted after that will not be posted until Monday morning.
Please be on-topic and patient: Comments are moderated and will not appear until they have been reviewed to ensure that they are substantive and clearly related to the topic of the post. The moderator will not post comments that are abusive, harassing, or threatening; obscene or vulgar; or commercial in nature; as well as comments that constitute a personal attack.  We reserve the right not to post a comment; no notice will be given regarding whether a submission will or will not be posted.
Disclosure Policy
The LSE editors ask authors submitting a post to the blog to confirm that they have no conflicts of interest as defined by the American Economic Association in its Disclosure Policy. If an author has sources of financial support or other interests that could be perceived as influencing the research presented in the post, we disclose that fact in a statement prepared by the author and appended to the author information at the end of the post. If the author has no such interests to disclose, no statement is provided. Note, however, that we do indicate in all cases if a data vendor or other party has a right to review a post.
Archives