Tuesday, 25 June 2013

Scientist exchange rates

Tyler Cowen pointed to a site highlighting all the currency notes featuring the pictures of scientists and mathematicians.

I was interested in the implied scientist exchange rates. If an Euler is worth 10 Swiss Francs and a Rutherford is worth 100 New Zealand Dollars, and a Swiss Franc is $1.38 NZ, is a Rutherford really worth 7.23 Eulers? I hardly think so. Rutherford was great, but if we're having some fantasy league of most-important-scientists-and-mathematicians, I'd trade a half-dozen Rutherfords to get a single Euler. Euler is then here underpriced.

Fun Twitter comments on same, though note that I had the exchange rate wrong on Twitter first time round.
I also liked this one:
Definition of high-powered money: it's what happens as the velocity of the Einstein note approaches c!