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Architecture
& Financial Institutions
The wealth of merchants has historically been stored in temples
and cathedrals from as far back as Babylonian times. The 19th century
in particular saw the growth of banks and bourses which were "Cathedrals
of Finance". This exhibition relates the nature of the development
of the size and architecture of financial institutions to their
growing role in society. Finally there is the paradox of the influence
of abstract finance on the temples of finance.
Art and Literature
The relationship between art and money contains many feature
of interest. There are splendid paintings of money lenders, merchants
and transactions (the earliest evidence of the use of gold in trade
is from Egyptian tomb paintings). Further there are many interesting
relationships between art and money as abstractions (see Disfiguring.
Chapter 5 by Mark Taylor). There are also the striking and amusing
paintings of J.S.G. Boggs. The engraving and design of paper money
and other financial instruments is a topic for a substantial display.
Where specialized museums already exist, collaboration will be sought.
There are several impressive collections of stock certificates in
museums.
There is a body of literature such as The Pit where the theme is
explicitly finance. The museum store will specialize in these.
Economics in Everyday Life
Perhaps the most important and difficult display is the role
of economics in everyday life. This includes a time line and historical
display of the increasing tie-in of the overall world economies
as individual and national autarky has been progressively diminished.
The cost of a high standard of living involves greater complexity
and interrelation of all economies.
Even more important than providing the appreciation of an emerging
one world economy is the ability to provide individuals an entertaining
and educational introduction to the economic literacy they need
to serve them in their daily activities. Education at both the level
of adults and schoolchildren is called for.
Money And Financial Instruments in Society
Included will be highly abbreviated sketches of the growth of
coin and paper and the institutional and legal structure accompanying
them. These features are developed in more detail in the special
exhibits. The treatment will be along the lines of Kindelberger's
Financial History of Europe with displays relating wars, social
and technological changes to economic and financial activity.
In particular the growth of technology in production together with
the corporation and the means for financing the corporation must
be illustrated.
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