How France's Jacobin leaders floated the first fiat currency
Years ago, I taught a course on the French Revolution. At the end of one class, an earnest student posed a question about something that clearly troubled her. Being Korean, she wondered what this ruckus in eighteenth-century France had to do with her. Why study it in such exhaustive detail? Was France really that important? And why should what happened there 225 years ago matter to a young woman from half a world away?