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Economic perspectives.
Introduction
Henrik Wergeland was born 200 years ago. He worked in the vicinity of the central bank in periods. His plays were performed at the Christiania Theatre, which was located at Bankplassen, and as national archivist his office was located at Akershus fortress, a stone's throw from the central bank.
Wergeland lived near Gronlia below Ekeberg. He travelled to town by rowing across Bjorvika. He moored his boat near Bekkevold's pub on Skippergata, which is today known as "Grei Kafe". That is also where he met the proprietor's daughter, Amalie Sofie, who became his wife. (1)
Wergeland wrote a poem "Follow the Call", which includes a well known verse:
"But our world must still be young, Saga of each race must be still merely its cradlesong and its' childhood fairy tale. Creatures from the age of chaos [...]" (2)
Chaos and fear exploded with full force in the financial markets last autumn. We are again witnessing that market participants suffer from a short memory span.
Crises, imbalances and bubbles
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