Tuesday, May 5, 2015

Time machine: May 1935


The Argentine Central Bank was created 80 years ago. The New York Times had this short piece, in which Raúl Prebisch, who declined to be appointed president of the institution (he was too young, 34 or so), is cited. He was effectively in charge of policy. Some discussion of his policies can be found in this paper with Esteban Pérez here (final version published here).
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