Museums designed by Economists

Argentina is slated to open the Museum of Foreign Debt this coming January. The country had its first default in 1827; its 2001 default of $141 billion was the largest by any nation. A Google search for “Argentina public debt” yields about 395,000 entries.

A group of economists conceived of the basic idea, in the hope of educating the Argentine public (note: some of the details in the link are now out of date; up to date information is in the 13 September Business Week, p.14). Buenos Aires University will house the museum.

The museum opening, however, might be delayed again. Why? The city government, one source of funding, is heavily in debt.