This is despite the fact that for example, just a few years later in 1903, Marie Curie would be (jointly) awarded the Nobel Prize for Physics – and would win a second Nobel, this time in chemistry, in 1911. Inconceivable or quaint as that debate may seem now, this is not ancient history.
I have referred to monetary policy and uncertainty, but it is also worth noting the introduction of our central banks to the wider institutional system comprised by the national governance structure. This morning, Ron McKinnon and Willem Buiter spoke of the changing doctrinal perspectives on central banks.