Because nobody else can understand them, modern economists speak to one another. They gossip in algebra and remonstrate in differential calculus. And when the pungently correct mathematical equation doesn’t occur to them, they awkwardly fall back on the English language, like a middle-aged American trying to remember his high-school Spanish. The economist Frédéric Bastiat, who lived in the first half of the 19th century, wrote in French, not symbols. But his words—forceful, clear and witty—live to this day.Grant acerta bem no alvo. A esmagadora maioria dos economistas não fica bem na fotografia.
sábado, 23 de julho de 2011
Pedido de desculpas em nome da profissão
Em artigo publicado no WSJ, James Grant, escrevendo sobre Claude Frédéric Bastiat, começa assim: