Diego Maradona’s little known contribution to monetary theory

Maradona's legendary goal against England in the 1986 World Cup is memorable for many reasons — and has even helped shape financial policy

maradona monetary theory
Altar dedicated to Diego Maradona in Naples, after his November 25, 2020 death. Photo: Emanuele Nocerino/Shutterstock

Argentina’s legendary footballer Diego Maradona led his country to victory in the 1986 World Cup, beating West Germany in the final. However, the crowning moment of his career came earlier in the tournament, beating England 2-1 in the quarter-finals. Maradona scored both of Argentina’s goals, and each of them were iconic for different reasons.

The first was the infamous “Hand of God,” when Maradona rose to challenge the ball with English goalkeeper Peter Shilton and craftily (and illegally) punched it over his opponent and into the net. The referee did not see the infraction and the goal was...

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