François R. Velde's Avatar

François R. Velde

@fvelde.bsky.social

Economic history (mostly monetary and fiscal, various places and centuries) Economist at the Federal Reserve Bank of Chicago (usual disclaimer applies)

1,204 Followers  |  321 Following  |  19 Posts  |  Joined: 16.10.2023
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Posts by François R. Velde (@fvelde.bsky.social)

Cognitive sciences @ McGill - not sure how closely related that course was, but it was in the Philosophy department

15.03.2025 02:33 — 👍 2    🔁 0    💬 0    📌 0

@ McGill (last year)

15.03.2025 02:32 — 👍 0    🔁 0    💬 0    📌 0

The timing of last night’s total lunar eclipse could have been timed by a competent student of Ptolemy 1800 years ago, +/- 13 minutes (*). A wrong but shrewd model, honed on centuries of good data, can perform very well.

(*) that was my son’s final exam last year in a Babylonian astronomy class.

15.03.2025 01:27 — 👍 10    🔁 0    💬 1    📌 0

WaPo not on the list, though. You should have offered to do a special issue on MT for $40m.

20.02.2025 21:51 — 👍 1    🔁 0    💬 0    📌 0

John Cochrane…. a fat finger mistake, as his commentary makes clear.

20.02.2025 21:41 — 👍 0    🔁 0    💬 0    📌 0
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The birth of coinage - c650BC, five consecutive denominations (each half of the one on the left). Lydian coins, 55% gold and 45% silver. The one on the right weighs 0.3g and could probably buy a few sheep. Not quite small change…

20.02.2025 02:26 — 👍 10    🔁 2    💬 0    📌 0

And there’s a coin museum next door!

11.01.2025 01:04 — 👍 0    🔁 0    💬 1    📌 0
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El archivo general de Simancas has joined the 21st c.! Now we can take pictures from our seats without limit

02.01.2025 11:46 — 👍 2    🔁 0    💬 0    📌 0
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It’s Saturday Oct 16, 1582 and everyone in Naples is shopping for a new calendar (calendario novamente stampato). The Pope thought he could impose a worldwide copyright for the inventor, but the Catholic King told his viceroy to ignore this infringement on his jurisdiction.

10.12.2024 17:29 — 👍 3    🔁 0    💬 0    📌 0

still an improvement over smoggy 20th c.

29.11.2024 14:49 — 👍 1    🔁 0    💬 0    📌 0
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Congress structured the Fed to limit politicization of monetary policy and prevent Presidents from manipulating interest rates. History of the Eccles-Glass battle proves this point, from Gary Richardson and David W. Wilcox https://www.nber.org/papers/w33174

24.11.2024 18:00 — 👍 22    🔁 8    💬 2    📌 2
lady of sophistication @janky_jane
Props to anyone who tries to be fashionable in ireland i wore a red beret once in waterford and someone called me super mario
Andrew Beatty V @AndrewBeatty
Replying to @janky_jane
I once ordered a taxi in Belfast for a night out. The driver pulls up to my house and just says "yer not going out like that. Go back in and change, I'll turn off the metre." | swear I was wearing normal jeans and a normal jacket.

lady of sophistication @janky_jane Props to anyone who tries to be fashionable in ireland i wore a red beret once in waterford and someone called me super mario Andrew Beatty V @AndrewBeatty Replying to @janky_jane I once ordered a taxi in Belfast for a night out. The driver pulls up to my house and just says "yer not going out like that. Go back in and change, I'll turn off the metre." | swear I was wearing normal jeans and a normal jacket.

Matthew @MrWeir
Replying to @janky jane
I once wore a silver jacket to college, turned up late for class, said 'sorry I'm late', lecturer said, 'that's ok' then waited til I was halfway across the front of the full class before following up with 'trouble with the spaceship again was it?'.
Replying to @janky _jane
My sister was in France sporting a new trench coat, thought was so stylish, but went into an Irish bar and got called Inspector Gadget by the first guy that saw her
15:53 • 8/16/21 • Twitter Web App

Matthew @MrWeir Replying to @janky jane I once wore a silver jacket to college, turned up late for class, said 'sorry I'm late', lecturer said, 'that's ok' then waited til I was halfway across the front of the full class before following up with 'trouble with the spaceship again was it?'. Replying to @janky _jane My sister was in France sporting a new trench coat, thought was so stylish, but went into an Irish bar and got called Inspector Gadget by the first guy that saw her 15:53 • 8/16/21 • Twitter Web App

was wearing my super-fashionable short trench coat. My friend took one look at me wearing the jacket and said,
"Where are we off to now. Columbo?"

Eoin O Neill
@eoinjoneill
Replying to @janky_jane
Was wearing a vintage nike jacket in a very long que for drinks at a boxing match when a Belfast lad goes "furk me this is taking forever, your man has been here since the 80's"

was wearing my super-fashionable short trench coat. My friend took one look at me wearing the jacket and said, "Where are we off to now. Columbo?" Eoin O Neill @eoinjoneill Replying to @janky_jane Was wearing a vintage nike jacket in a very long que for drinks at a boxing match when a Belfast lad goes "furk me this is taking forever, your man has been here since the 80's"

Loic Wright
@dufflest
Replying to @janky jane
I wore a suit with a matching tie and pocket square to my first day of work at an advertising company (I thought I was going to be in Mad Men I guess) and the staff sent around and signed a communion card for me with a fiver in it.

Eóin O Coileáin
@L20_MTN
Replying to @janky_jane
I wore a white, wool turtle-neck jumper to the match once and a fella in the pub said 'Where have you parked the U-boat?'.

Loic Wright @dufflest Replying to @janky jane I wore a suit with a matching tie and pocket square to my first day of work at an advertising company (I thought I was going to be in Mad Men I guess) and the staff sent around and signed a communion card for me with a fiver in it. Eóin O Coileáin @L20_MTN Replying to @janky_jane I wore a white, wool turtle-neck jumper to the match once and a fella in the pub said 'Where have you parked the U-boat?'.

nobody does more brutal fashion reviews than the irish

22.11.2024 13:57 — 👍 9164    🔁 3354    💬 184    📌 362
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Breakthrough in payments technology: a Swedish coin weighing 19kg (1648) and a note of same value (1666).

23.11.2024 14:24 — 👍 7    🔁 0    💬 0    📌 0
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Tango and financial history

17.11.2024 18:44 — 👍 4    🔁 0    💬 0    📌 0

Because the conclusions are always stated in the introduction - economists are impatient readers, especially with 50-page papers.

17.11.2024 18:04 — 👍 1    🔁 0    💬 0    📌 0

Hi there

15.11.2024 22:10 — 👍 1    🔁 0    💬 0    📌 0
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Banco de la Nación Argentina: register of illiterate clients (with fingerprints), c1900-02. Several Turks, one Arab, one German.

15.11.2024 18:08 — 👍 6    🔁 0    💬 0    📌 0

Ah, so the drawings represent the shops rather than the items. That makes more sense.

12.11.2024 19:36 — 👍 0    🔁 0    💬 0    📌 0

Then no need for drawings?

12.11.2024 19:19 — 👍 0    🔁 0    💬 1    📌 0

How was the illiterate servant supposed to distinguish un bocal di vino from un bocal de tondo?

12.11.2024 18:50 — 👍 0    🔁 0    💬 1    📌 0

Shouldn’t the graph be symmetric around the (0,0) point?

08.11.2024 22:11 — 👍 1    🔁 0    💬 1    📌 0