Greatest Economist! - Xtratime Community
View Poll Results: Greatest Economist!
Tomas De Aquino 1 3.45%
Mirabeau 1 3.45%
François Quesnay 1 3.45%
Adam Smith 13 44.83%
David Ricardo 3 10.34%
James Mill 2 6.90%
Jean-Baptiste Say 1 3.45%
Thomas Malthus 1 3.45%
Karl Marx 10 34.48%
Friedrich List 1 3.45%
Adam Müller 1 3.45%
Carl Menger 1 3.45%
John Stuart Mill 1 3.45%
Stanley Jevons 1 3.45%
Léon Walras 1 3.45%
Augustin Cournot 1 3.45%
Vilfredo Pareto 1 3.45%
Knut Wicksell 1 3.45%
John Maynard Keynes 17 58.62%
Milton Friedman 5 17.24%
Ludwig Von Mises 1 3.45%
Friedrich Von Hayek 3 10.34%
Gunnar Myrdal 1 3.45%
Hernando De Soto 0 0%
Multiple Choice Poll. Voters: 29. You may not vote on this poll

 
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post #1 of 59 (permalink) Old November 2nd, 2005, 11:03 Thread Starter
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Greatest Economist!

We've had "Greatest Politician" and "Greatest Philosopher" "Greatest Scientist" So I thought that discussing Economists was the next step, and hopefully it could become another good discussion.

Hold on for the nominations...


3 votes. I don't think I missed anyone, but if you still think so debate why.

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Last edited by nasty nick; November 2nd, 2005 at 11:35.
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post #2 of 59 (permalink) Old November 2nd, 2005, 12:03
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No Eugen Slutsky and John Hicks?
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post #3 of 59 (permalink) Old November 2nd, 2005, 12:57 Thread Starter
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Quote:
Originally Posted by ilgenio
No Eugen Slutsky and John Hicks?


As I said. I don't think I missed anyone, but if you still think so debate why.

"I think my greatest ambition in life is to pass on to others what I know"

"May you live to be 100 and may the last voice you hear be mine"

"The best revenge is massive success"

Frank Sinatra

"There are as many opinions as there are experts"

Franklin Delano Roosevelt
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post #4 of 59 (permalink) Old November 2nd, 2005, 13:28
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Adam Smith, Friedrich von Hayek, and John Maynard Keynes. Whilst I cannot agree with much of what Keynes wrote (full employment, fixed exchange rates, inevitability of depression, demand impact of inflation, etc), his work shaped the world in which we live like no economist since Ricardo.

BTW, I would advocate the addition of Sir Isaac Newton (the first person to apply scientific methods to the area of finance, and also inventor of the bimetallic standard), but I fear that he would receive lots of votes based on his scientific work.

Whilst I cannot advise on that addition, I can advise on deletions. Marx, Luxemburg, Malthus, and Aquinas, by any definition, were not economists. The most flattering way to describe Marx and Luxemburg is 'philosopher', although they were far from philosophers in the usual vein. Malthus was a demographer, whose bleak outlook for humanity was based on real (bad) economists' work. Aquinas was a theologian, and didn't come close to economics (nobody did, until Newton). I suppose that Aquinas is the token Italian.

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post #5 of 59 (permalink) Old November 2nd, 2005, 15:14 Thread Starter
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You have the right to be suspicious But as you can see I have added them in chronological order and also by theory. Scholistics, Mercantilists, Physiocrats, Classicals, Marxists and so on.

You're right that Aquino/Aquinas wasn't a modern economist but rather a Scholastic, Theological Philosopher of the 13th century, however Scholistics wrote alot about economical issues, where of Aquino was the most influentual of his time.

Malthus is mostly remembered for being a priest that wrote about demographies. However he was also a professor in Political Economy and wrote "Principles of Political Economy" in 1820.

Karl Marx was fundamentally a philosopher, but also a Political Economist, but based on his influence on economy and politics in the 19th and 20th centuries it would be sacriledge to leave him out. I will however delete Rosa Luxemburg from the list, her influence was not as important anyway.

Quote:
Originally Posted by Bastin
I suppose that Aquinas is the token Italian.
Not at all, He was simply the only Scholistic of a value I found. Pareto is the token Italian though

"I think my greatest ambition in life is to pass on to others what I know"

"May you live to be 100 and may the last voice you hear be mine"

"The best revenge is massive success"

Frank Sinatra

"There are as many opinions as there are experts"

Franklin Delano Roosevelt
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post #6 of 59 (permalink) Old November 4th, 2005, 17:07
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Quote:
Originally Posted by Bastin
Whilst I cannot advise on that addition, I can advise on deletions. Marx, Luxemburg, Malthus, and Aquinas, by any definition, were not economists. The most flattering way to describe Marx and Luxemburg is 'philosopher', although they were far from philosophers in the usual vein. Malthus was a demographer, whose bleak outlook for humanity was based on real (bad) economists' work. Aquinas was a theologian, and didn't come close to economics (nobody did, until Newton). I suppose that Aquinas is the token Italian.
Karl Marx was certainly no economist, but I think it's harsh to suggest that philosopher is a flattering term. At least Marx had the sense to say 'I'm no Marxist', and was more perceptive, more intelligent, and more influential than many philosophers (as were Groucho, Chico, and Harpo)
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post #7 of 59 (permalink) Old November 4th, 2005, 21:08 Thread Starter
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Just wanted to add, that cause of the deletion it looks like we voted for others then we did

"I think my greatest ambition in life is to pass on to others what I know"

"May you live to be 100 and may the last voice you hear be mine"

"The best revenge is massive success"

Frank Sinatra

"There are as many opinions as there are experts"

Franklin Delano Roosevelt
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post #8 of 59 (permalink) Old November 5th, 2005, 14:30
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I'm a Keynesian.

a dead-ringer for a feeling that i used to know
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post #9 of 59 (permalink) Old November 5th, 2005, 16:22
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lol, I voted for Keynes, Smith and Ricardo, that was nicely visible in the pollresults, and now a few days later my Keynes' vote is gone and swapped to Friedman?

Friedman is said to have only one vote, but then when you click on the poll to see the votes, you see the names of Bastin, Humbird, monte, MutOofd, nasty nick next to his name... something's wrong here.
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post #10 of 59 (permalink) Old November 5th, 2005, 18:01
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The problem was the reorganisation caused by the deletion of Rosa Luxemburg. All those that voted for John Maynard Keynes before Luxemburg's deletion are now down as having voted for Milton Friedman, in addition to those that voted for Friedman after the change.

ANYONE that votes for ANY of the options but doesn't also cast a vote for Smith is a fool. For all intents and purposes, Adam Smith invented modern economics. Perhaps more importantly, he also made it popular. Without Smith's input, its hard to imagine the Industrial Revolution happening before 1900.

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post #11 of 59 (permalink) Old November 5th, 2005, 18:40
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Smith (obvious), Keynes (because of his huge influence - though his theories our outdated) and Friedman.
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post #12 of 59 (permalink) Old November 5th, 2005, 18:45
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Surely Jan Tinbergen should also be on the list. He was a pioneer in the development of econometrics, linking statistics and mathematics to economic theory. He shared the Nobel prize in 1969 for the development and application of dynamic models for the analysis of economic processes.

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post #13 of 59 (permalink) Old November 5th, 2005, 18:48
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Tinbergen's is a worthy nomination, but I don't think that anyone not schooled in economics or econometrics would have heard of him.

Glen: "That last post of Bastin's is just too authoritative to argue against."

gOD: "It scares the f*ck out of me but I'm with Bastin here."

Cacěni: "Ah, there you go using that absurd über-memory of your's...not fair."

Boyo: "Even when it comes to rap, Bastin is an authority."

Attila_the_Nun: "A most respected scion of Misty Albion, the illustious Bastin - the redoubtable defender of all our noble traditions."

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post #14 of 59 (permalink) Old November 5th, 2005, 19:37
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Quote:
Originally Posted by nasty nick
Just wanted to add, that cause of the deletion it looks like we voted for others then we did
sorry, missed this post.
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post #15 of 59 (permalink) Old November 5th, 2005, 20:02
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Quote:
Originally Posted by Bastin
Tinbergen's is a worthy nomination, but I don't think that anyone not schooled in economics or econometrics would have heard of him.
anyone not schooled in economics or econometrics would have heard of all the others on that list? me, at least, I haven't heard of 19 out of 23.
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post #16 of 59 (permalink) Old November 6th, 2005, 04:28
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Milton Friedman...something about the East river water that will make any ordinary man as smart as a jew
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post #17 of 59 (permalink) Old November 6th, 2005, 13:29
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Quote:
Originally Posted by sanyi
anyone not schooled in economics or econometrics would have heard of all the others on that list? me, at least, I haven't heard of 19 out of 23.
I would have thought that at least seven (Aquinas, Smith, JSM, Marx, Keynes, von Hayek, Friedman) would be household names. Even if they aren't still there today, the rest all broke into the public consciousness in their day, and are well remembered by history.

By comparison, econometrics is as boring as heck; John Nash is probably the only econometrist to be noticed outside related fields, and that's only because of A Beautiful Mind.

Glen: "That last post of Bastin's is just too authoritative to argue against."

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post #18 of 59 (permalink) Old November 7th, 2005, 11:39
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Quote:
Originally Posted by Bastin
I would have thought that at least seven (Aquinas, Smith, JSM, Marx, Keynes, von Hayek, Friedman) would be household names. Even if they aren't still there today, the rest all broke into the public consciousness in their day, and are well remembered by history.
aquino, marx, list, friedman are familiar names. but admittedly, economics are indeed a white spot on my world map.
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post #19 of 59 (permalink) Old November 7th, 2005, 12:25
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who are those people?


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post #20 of 59 (permalink) Old November 7th, 2005, 14:31
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Quote:
Originally Posted by nasty nick
Just wanted to add, that cause of the deletion it looks like we voted for others then we did
Deleting poll options is not a good idea.

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