Monday, 31 October 2011

Be afraid, be very afraid...

The lack of postings since the Vienna trip is partly because I'm trying to arrange my affairs as best as possible while faced with the current financial situation.

Here's a good interview in which James Turk talks to Adam Fergusson.

Monday, 3 October 2011

Dollars and nonsense

These two signs were photographed at the same tram stop in Vienna. Just outside the university as it happens.

Mr Engels was of course one of the people behind communism. But who knows about Joachimsthaler? Actually, his name ultimately led to the word dollar.

A hundred years ago the professors at Vienna University understood why communism couldn't work. And they'd probably have been horrified to be told that the dollar would eventually become just another fiat currency.

Vienna by David Farrer
Vienna, a photo by David Farrer on Flickr.

Vienna by David Farrer
Vienna, a photo by David Farrer on Flickr.