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Format: Layer, Start, End, Style, Name, MarginL, MarginR, MarginV, Effect, Text
Dialogue: 0,0:00:00.83,0:00:01.97,Default,,0000,0000,0000,,In this talk,
Dialogue: 0,0:00:01.97,0:00:05.70,Default,,0000,0000,0000,,let's take a break from economics\Nand talk a little bit about aesthetics,
Dialogue: 0,0:00:05.70,0:00:07.25,Default,,0000,0000,0000,,the aesthetics of the euro.
Dialogue: 0,0:00:07.32,0:00:09.17,Default,,0000,0000,0000,,Why is the euro so bland?
Dialogue: 0,0:00:09.59,0:00:12.84,Default,,0000,0000,0000,,Let's take a look at some\Nof the currencies that the euro replaced.
Dialogue: 0,0:00:14.24,0:00:18.76,Default,,0000,0000,0000,,This beautiful note from Austria features\None of the founders of quantum physics,
Dialogue: 0,0:00:18.76,0:00:19.90,Default,,0000,0000,0000,,Erwin Schrödinger.
Dialogue: 0,0:00:20.00,0:00:23.36,Default,,0000,0000,0000,,Is Schrödinger's cat alive? \NOr is Schrödinger's cat dead?
Dialogue: 0,0:00:23.49,0:00:24.49,Default,,0000,0000,0000,,Very cool.
Dialogue: 0,0:00:26.01,0:00:28.92,Default,,0000,0000,0000,,Here's a favorite of mine\Nbecause it features an economist,
Dialogue: 0,0:00:29.03,0:00:31.87,Default,,0000,0000,0000,,the devastating critic of Karl Marx,
Dialogue: 0,0:00:31.98,0:00:34.00,Default,,0000,0000,0000,,Eugen von Böhm-Bawerk.
Dialogue: 0,0:00:36.25,0:00:38.78,Default,,0000,0000,0000,,One of the deutsche marks\Nfeatured Carl Gauss,
Dialogue: 0,0:00:38.78,0:00:43.43,Default,,0000,0000,0000,,creator of the normal distribution,\Nalso called the Gaussian distribution.
Dialogue: 0,0:00:43.52,0:00:45.17,Default,,0000,0000,0000,,And look, there it is,
Dialogue: 0,0:00:45.17,0:00:46.82,Default,,0000,0000,0000,,the Gaussian distribution.
Dialogue: 0,0:00:46.92,0:00:48.20,Default,,0000,0000,0000,,Isn't that awesome?
Dialogue: 0,0:00:50.25,0:00:52.79,Default,,0000,0000,0000,,And here, of course, \Nwe have an Italian lira,
Dialogue: 0,0:00:52.79,0:00:54.39,Default,,0000,0000,0000,,featuring, no surprise,
Dialogue: 0,0:00:54.39,0:00:55.70,Default,,0000,0000,0000,,beautiful women.
Dialogue: 0,0:00:55.89,0:00:57.04,Default,,0000,0000,0000,,Wonderful.
Dialogue: 0,0:00:58.85,0:01:00.57,Default,,0000,0000,0000,,Now, let's compare it with the euro.
Dialogue: 0,0:01:00.57,0:01:02.82,Default,,0000,0000,0000,,This is the 200 euro note.
Dialogue: 0,0:01:03.08,0:01:04.75,Default,,0000,0000,0000,,I don't know. Is that a doorway?
Dialogue: 0,0:01:04.86,0:01:06.11,Default,,0000,0000,0000,,Totally boring.
Dialogue: 0,0:01:06.22,0:01:07.53,Default,,0000,0000,0000,,What else do we have?
Dialogue: 0,0:01:08.67,0:01:09.86,Default,,0000,0000,0000,,Here's another euro note,
Dialogue: 0,0:01:09.86,0:01:12.22,Default,,0000,0000,0000,,perhaps the most bland\Nand boring of them all.
Dialogue: 0,0:01:12.43,0:01:14.10,Default,,0000,0000,0000,,Some kind of building on the front.
Dialogue: 0,0:01:14.20,0:01:15.92,Default,,0000,0000,0000,,But this building could be anywhere.
Dialogue: 0,0:01:15.99,0:01:18.18,Default,,0000,0000,0000,,And thus, it's really nowhere.
Dialogue: 0,0:01:18.57,0:01:22.45,Default,,0000,0000,0000,,Notice, however, that the blandness,\Nthe boringness of the euro,
Dialogue: 0,0:01:22.45,0:01:25.25,Default,,0000,0000,0000,,this wasn't a design bug, \Nit was a design feature.
Dialogue: 0,0:01:25.44,0:01:27.87,Default,,0000,0000,0000,,They didn't want to put Gauss on the euro
Dialogue: 0,0:01:27.87,0:01:32.19,Default,,0000,0000,0000,,because Gauss was perceived \Nas a German, not as a European.
Dialogue: 0,0:01:32.47,0:01:35.35,Default,,0000,0000,0000,,Thus, there was no common culture,
Dialogue: 0,0:01:35.35,0:01:37.10,Default,,0000,0000,0000,,there was no common identity.
Dialogue: 0,0:01:37.26,0:01:39.62,Default,,0000,0000,0000,,There was no common ideas
Dialogue: 0,0:01:39.62,0:01:42.66,Default,,0000,0000,0000,,which the euro,\Nin its design, could express.
Dialogue: 0,0:01:42.91,0:01:44.82,Default,,0000,0000,0000,,So, perhaps in aesthetics,
Dialogue: 0,0:01:44.82,0:01:46.23,Default,,0000,0000,0000,,we have a little precursor,
Dialogue: 0,0:01:46.23,0:01:50.64,Default,,0000,0000,0000,,a little prediction of some\Nof the economic problems of the euro.
Dialogue: 0,0:01:50.64,0:01:53.35,Default,,0000,0000,0000,,Transcriber: Michel Smits\NReviewer: Maurício Kakuei Tanaka