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In this talk, lets take a break from economics and talk a little bit about aesthetics, the aesthetics of the euro. Why is the euro so bland? Lets take a look at some of the currencies that the euro replaced. This beautiful note from Austria features one of the founders of quantum physics, Erwin Schrdinger. Is Schrdingers cat alive? Or is Schrdingers cat dead? Very cool. Heres a favorite of mine because it features an economist, the devastating critic of Karl Marx, Eugen von Bhm-Bawerk. One of the deutsche marks featured Carl Gauss, creator of the normal distribution, also called the Gaussian distribution. And look, there it is, the Gaussian distribution. Isnt that awesome? And here, of course, we have an Italian lira, featuring, no surprise, beautiful women. Wonderful. Now, lets compare it with the euro. This is the 200 euro note. I dont know. Is that a doorway? Totally boring. What else do we have? Heres another euro note, perhaps the most bland and boring of them all.