August 20, 2019
Latest News
Entertainment

New economics museum in Paris treats viewers to interactive, sensory show

By Claudia Zapater

Paris, Jun 14 (efe-epa).- The Cité de l'Economie, a new museum which launched Friday in Paris, is offering visitors an interactive and playful exhibition that grapples with the basic notions of economics through six permanent spaces.

The exploration kicks off with a mundane object: a toaster, by Thomas Thwaites, that burnt to a crisp in its first attempt to brown a slice of bread.

This object allowed the British designer to conclude that economics is born out of man's inability to meet all of his personal needs singlehandedly.

After spending 10 months gathering all the elements to create his kitchen appliance, Thwaites destroyed the object with its first practice run at making toast, but this allowed him to reflect on the difficulties of creating a quotidian object from nothing, a true revelation for the inventor and designer.

"What we do (human beings) is specialize in the production of a good or service, we value it and thanks to that we earn an income, purchase other products or services, we exchange things," Philippe Gineste, director of the museum, told Efe Friday.

The museum is located in the northeastern VII district within the magnificent Gaillard Hotel, a Neo-Renaissance masterpiece considered a historic monument which has served both as a Hotel and a former branch of the Bank of France.

The museum has chosen to keep the original distribution of the hotel across 2,400 square meters.

The permanent exhibition is split across six sequences. Each one is interactive with visual and role-playing games which allow punters to immerse themselves into the main drivers and actors of economic activities.

The toaster, alongside other objects, takes pride of place in the former dining room, which opens the first sequence of the experience named "Exchange."

This space describes the different types of trade, which include financial exchanges as well as bartering.

Punters then enter a space painted in a deep red that has been redesigned to look like an airport passenger security checkpoint and various objects go through a scanner revealing their origin and place of creation amongst other details.

In the space titled "Actors", visitors, with the use of a device, can become a bank registrar who has to deal with client requests such as loans and information on investment opportunities.

The fifth sequence titled "Regulations" sees visitors become representatives of world powers in charge of negotiating an international agreement on climate change ensuring that the agreement includes the interests of the power the visitor is representing.

The "Treasure" space allows punters to handle a bar of gold.

"We do have a real trove in the 'Treasure' room," Gineste said, " We present some 400 objects: ancient coins, banknotes and machines," he added.

Also included in the exhibition are sensory experiences that revive the economic crisis of the 1930s or an opportunity to have a conversation with renowned economists such as John Maynard Keynes or Milton Friedman.

"This is a space to discover what economics is in a playful and interactive way in the same way we would at a science museum," the director continued.

The director added that the museum experience has been designed with people of all ages in mind.

"You only have to know how to read, it is very playful. It works well for kids, but also for teenagers given there are a lot of questions and areas students are learning about at this age," he said.

"To understand the economy better can help them (young people and children)," Gineste concluded.EFE-EPA

czp/ch/hh

News history
Colombia, victim of lucrative exotic animal smuggling

By Claudia Polanco Yermanos

Graffiti festival lights up giant facades in Moscow

By Fernando Salcines

Brazilian gov't mining policy threatens Amazon, indigenous leader says

By Maria Angelica Troncoso

The farm caring for Israel's abandoned animals

A voluntary facility in Israel, The Freedom Farm, is a refuge for animals that have been ejected from the food industry, abused or abandoned. The site has...

Spain's Battle of Flowers floats prepare for parade

By Miguel Ramos

Young faces of Aceh celebrate Indonesia’s independence

Indonesian students in elaborate, colorful costumes walked in a parade during celebrations on Sunday marking the 74th anniversary of Indonesia's...

Indonesia marks independence anniversary with pole race, dancing

Indonesia celebrated its 74th anniversary of independence from the Netherlands on Saturday, a milestone marked with official celebrations, traditional...

"Easy Rider" star Peter Fonda dies

Washington, Aug 16 (efe-epa).- US actor and filmmaker Peter Fonda, who became an international star in 1969 with "Easy Rider," died Friday at his home in...

Quito video art makes viewers reflect on migration, environment and memories

Quito, Aug 16 (efe-epa).- An unprecedented exhibition in the Ecuadorian capital is making viewers reflect on such concepts as migration, the environment and...

Delivery workers unite to protect themselves from Mexico City dangers

By Zoilo Carrillo

Woody Allen wraps up filming of new romantic comedy set in Spain

San Sebastian, Spain, Aug 16 (efe-epa).- American director Woody Allen on Friday completed shooting on his latest movie, a romantic comedy filmed in Spain...

Famous Madrid chef returns to her Dominican roots

By Manuel Perez Bella

Aquarium in South Africa joins WAZA world alliance

The Two Oceans Aquarium in Cape Town recently became a member of the World Association of Zoos and Aquariums (WAZA), a global alliance for zoos, aquariums,...

By Ana Sánchez

Social media backlash erupts in mainland China against Hong Kong protests

By Jesus Centeno and Victor Escribano

A stroll through New York's iconic Madison Square Garden

By Alvaro Celorio

Panama City celebrates 500th anniversary with cake for 4,500 people

Panama City, Aug 15 (efe-epa).- Panama City, the first Spanish settlement on the Pacific coast of North America, on Thursday celebrated its 500th...

Foreign tourism to Mexico up 7 pct. in 1st half of 2019

Mexico City, Aug 15 (efe-epa).- The number of foreign tourist arrivals in Mexico in the first half of 2019 rose 7 percent relative to the same period of...

Half a century later, Woodstock once again highlighting unity, freedom

By Helen Cook

Rogen: There's a difference in comedy between offending and insulting people

By David Villafranca

You're pulling my finger!

Competitors were getting their digits out on Thursday to take part in bouts at the German Finger Wrestling (Fingerhakeln) Championships in...

Thousands of festival flowers adorn Brussels Town Hall

By Dulcinea Campayo López

Changing tastes: Tempting Uruguay's palate with "Wagyu" beef

By Branden Luis Figarola

Rosalia to perform at MTV Awards, announces new duet with Ozuna

Madrid, Aug 14 (efe-epa).- Spanish pop sensation Rosalia will be performing at the 2019 MTV Video Music Awards along with a number of other artists,...

I agree Welcome to news4europe.eu. We use cookies to improve your online experience. Find out more.