HOW MUCH DO YOU KNOW ABOUT FINANCIAL HISTORY ?

1 . What 19th century financier is best known today for his founding of an art gallery in Washington , DC ?

2 . Which bank ’ s disappearance in 1811 created a void in the credit markets that was a factor in causing the Panic of 1819 ?

3 . Which British laws , enacted in 1815 , placed steep tariffs on US agricultural exports ?

4 . Which 20th century President was known for his frugality to the point that he regulated the pencil usage of government employees ?

5 . What classic book did Charles Mackay write in 1841 , in which he likened market manias to sudden seizures ?

6 . What Philadelphia banking titan ’ s company collapsed , sparking the Panic of 1873 ?

7 . Who coined the term “ Black Swan ” to describe the cause of tailspins in financial markets ?

8 . Who coined the term “ Dragon Kings ” to describe the cause of tailspins in financial markets ?

9 . What 18th century philosopher described interest as the “ price of anxiety ”?

10 . What 19th century woman was the first female retail business executive ?

1 . W . W . Corcoran 2 . Bank of the United States 3 . The Corn Laws 4 . Calvin Coolidge 5 . Extraordinary Popular Delusions and the Madness of Crowds 6 . Jay Cooke 7 . Nassim Taleb 8 . Didier Sornette 9 . Ferdinando Galiani 10 . Margaret Getchell

40 FINANCIAL HISTORY | Summer 2023 | www . MoAF . org