As an Economist,He never forgot his concern for moral principles,“My rules are simple,It’bet365 online sports bettings about supporting people who are at a disadvantage”。This reminds one of China’s debate on “should economists speak for the poor or the rich”。
The famous economist Paul·Samuelson once lamented,“The year 1932 was a perfect time for economists。”Everyone knows,1932 was the darkest moment of the Great Depression of the 20th century。But the Great Depression was like the Sphinx,Attracted countless of the best minds of the time。Samuelson is the most enthusiastic one,He even publicly denied that he was born in 1915,Bet365 gamesI think that the moment he entered the Department of Economics at the University of Chicago in 1932 was the day he was born。
And two days ago,On the eve of the world’s most serious crisis since the 21st century,Samuelson passed away。This one starts and ends,It can be called "born in crisis、Died in crisis”。
As a Nobel Prize winner in Economics、The last generalist in economics,Samuelson’s life writings are numerous,The spiritual legacy left behind is countless。From China’s perspective,What is there in his treasure house of thought that is worth learning from or causing us to think about?
First,For China’s economic policymakers,Macroeconomic control is something that must be done with caution。It should be pointed out that,Samuelson himself is also a complex complex of contradictions,There is a side in his heart that favors market laissez-faire;But like many outstanding economists who experienced the Great Depression,Convinced that prosperity brought about by laissez-faire bet365 best casino gamesmarkets is “too fragile”。
Therefore,He is not opposed to moderate government intervention in the economy,He even calls himself a post-Keynesian。But he repeatedly reminded: when we pursue high employment rate,There will be a strong inflationary trend;Even before we eliminate unemployment altogether,Inflation may have occurred。This is for those who hope to achieve the goals of maintaining employment and low inflation at the same time through fiscal and monetary "double easing",It is undoubtedly a sobering medicine。
Secondly,For Chinese economists,This senior has also taken on the role of “behavior model”。Samuelson made outstanding contributions in introducing mathematical analysis tools into economics,The purpose is to make it a science that teaches people to calm down,Rather than the art of patting the head;But on the other hand,Samuelson is another idealist,As an Economist,He never lost sight of the ethics of results,“My rules are simple,It’bet365 online sports bettings about supporting people who are at a disadvantage”。
This is reminiscent of the debate a few years ago in China’s economic circles on “should economists speak for the poor or the rich”。Some economists believe,There is no contradiction between speaking for the rich and doing things for the poor。But they didn’t answer directly,When there is a direct conflict of interest between the rich (especially the "bad" rich) and the poor,Which side should economists stand on。As the weaker party,The public never sees economists standing up to speak for them;Opposite,They have seen too many well-dressed economists having drinks and chatting with developers on TV all day long。This kind of inconsistency between words and actions,How to make people believe that economists speak and act for them?
Surprising,Samuelson suddenly fell from the altar in his later years,Became the criticized “trade protectionist”。In his opinion,U.S. manufacturing workers lose their jobs Bet365 Casino loginin the face of globalization challenges。So he began to question: Globalization does not benefit everyone。For orthodox economics,This is obviously a heretical statement。However,Critics did not have the patience to listen to the second half of his words - "What we can do is,Helping those suffering from the consequences of globalization。We can use the power of the tax system,Redistribute money from rich people like me to people who are not rich”。
This is Samuelson,An economist worthy of admiration and appreciation。