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But as the dollar's history shows, economic clout is not enough without financial sophistication (see article).
ECONOMIST: China's currency
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He may have been guilty of being a lousy husband, but as Roiphe points out, history shows plenty of instances of terrible husbands being great leaders.
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But history shows that minting developed not as a private-sector attempt to minimise the costs of trading, but as a government operation.
ECONOMIST: Free exchange
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But psychology, and the study of human history, shows us that as humans, we are unconsciously making future decisions based on instincts honed by, and visceral reactions to, our past experiences.
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But history shows that even if we do go off the cliff, the consequences might not be as dire as many expect.
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