Richard Finlay and Anny Francis of RBA in this research note give a fascinating account of currency counterfeiting. They focus on Australia but pull examples from other countries too. Perhaps one of the best things that have read in this year so far.
Counterfeiting has a rich and varied history going back to the very earliest forms of money. It has been pursued for personal gain – although at the significant risk of jail time, or, in the past, death – as well as for economic and political destabilisation by hostile countries. Both high- and low-value denominations are liable to be attacked. Currency issuers and counterfeiters are, and always have been, locked in a battle of innovation, with government authorities adapting and innovating in order to deter counterfeiting. Acceleration in the rate of technological development, however, seems to have shortened the timeframe over which each new security feature remains counterfeit-resistant…
View original post 461 more words




St Paul’s Cathedral – the construction of the Dome. Available at <


The pre-1834 Lords (Court of Requests)
After over ten years as Speaker, John Bercow has announced his intention to stand down at the end of October. As for who will replace him, that is unclear and will be decided by an election amongst MPs, several of whom have already declared their candidacy. But how does that election work? Mark Bennister offers a guide to the process.
Recent Comments