Sunday, January 28, 2007

European Gold

I think I need to correct my accusation of Nazi looting of European gold. Much of the gold of western Europe actually wound up at Fort Knox. Moreover, the Allied powers stand accused of looting Nazi gold at the end of WWII.

I stand corrected. This may weaken my argument that loss of gold reserves prevented the return to a gold standard. Given how often countries fail to play by the rules of a gold standard, it's functionality was limited. We'll learn how these fixed exchange regimes are generally favored for their stability but often fail because of their rigidity.

Thursday, January 18, 2007

Connecting to the I-drive from off campus

If you need help connecting to the I-drive, my expertise is limited.

A few tips:

All computer labs on campus ought to be mapped to the network drives. Go to My Computer and the network drives should be listed. Click on the I drive and look for my folder (jjulian). Then look for the Econ 121 folder for stuff relevant for this class.

If you have a computer and you live on campus, you will need to "map" it yourself. You can find instructions at http://www.iup.edu/house/resnet/map/

or at http://www.iup.edu/ats/sts/login/index.htm



If you are off campus you can access the drive from the internet (ftp). Here is a link to help you out: http://www.acad.iup.edu/.

Tuesday, January 16, 2007

This semester: International Finance

Welcome to Jack Julian's weblog for Econ 346: International Finance, at IUP.

I hope you will find this blog helpful in many ways, in particular in its ability to provide information and a means of communication. I will try to post alerts and comments on a regular basis.

No, its not WebCT. And I'm not switching. At least not today.

Suggested time waster: Bureau of Economic Analysis

The website has an abundance of data. Hopefully we'll learn to interpret much of it, in particular the section on Balance of Payments (International Transactions).

You're going to need to have some curiosity to really enjoy the course. Admittedly, it's a pretty nerdy course. But again, it is stuff about which most people in the world have little clue. Take a little satisfaction in knowing you'll know about stuff most people don't know about. But be careful, you might start boring people if you talk about it too much. ;-)

Good Luck!