Bryan Cutsinger is an assistant professor of economics at Angelo State University and Louis Rouanet is an assistant professor of economics at the University of Texas, El Paso. Bryan and Louis join Macro Musings to talk about the French Revolution, France’s public finances, its bout with hyperinflation, and finally, the implications of this experience for macroeconomic theory today. Specifically, David, Bryan and Louis also discuss the creation and widespread dissemination of assignats, the emergence guillotine-backed currency in France, the state vs. market theories of money, and a lot more.

 

Transcript for this week’s episode.

 

Bryan’s Twitter: @BryanPCutsinger

Bryan’s website

Bryan’s ASU profile

 

Louis’s Twitter: @LouisROUANET

Louis’s website

 

David Beckworth’s Twitter: @DavidBeckworth

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Related Links:

 

*Assignats or Death: The Politics and Dynamics of Hyperinflation in Revolutionary France* by Bryan Cutsinger, Louis Rouanet, and Joshua Ingber

 

*Macroeconomics Features of the French Revolution* by Thomas Sargent and Francois Velde