Volume 2: The crown and the hat are all over the capital, and the spirit is full of energy and enter the foggy city Chapter 11: The Masters (Part 2)
Subtitle of this chapter: Sometimes ideas fall from trees before they mature.
As for why our Master Yuan did not form his own school?
In fact, whether it is natural science or social science, the people who do science are still human beings, so scientists are actually very good at it. And because their IQ is higher than that of ordinary people, they are also more capable than ordinary people.
Of course, although they are promiscuous, they have affairs, they are gay, they are lolita complexes, they have illegitimate children, they gang up on those who are not like them, they do whatever it takes, they seek fame and reputation, they curry favor with the powerful...but scientists who can produce results are good scientists.
If you are doing natural sciences, you will form cliques, let alone social sciences.
As an economist in the social sciences, Yuan Yanshu, who studied at NYU, had no teachers to show for himself, and naturally no fellow students. He was also unwilling to waste time going to Cambridge University and the University of Vienna to study for a Ph.D. Therefore, he had an inherent disadvantage in this regard.
He currently has no disciples who cheer for him. If he does not cling to the Austrian School, he will have to fight alone. A hero needs three helpers, and a master needs countless helpers. Moreover, many people in the Austrian School came to the United States during World War II, so it would be good to make some good friends first.
By the way, Yuan Yanshu also sent a copy to Hayek's cousin Ludwig Wittgenstein . Although this guy is currently "teaching" in the southern mountains of Austria, and will be a great philosopher in linguistics and logic in the future, which has nothing to do with economics, this middle school classmate with a mustache was really interested in hearing it, and since he caught up, he must get to know him.
After Wittgenstein finished his job as an elementary school teacher, he entered a monastery as a gardener. His sister was so worried about his mental state that she invited him to design a house for her. This house later became the Bulgarian Embassy, so he also had the title of architect. In the future, he would become a professor of philosophy at Trinity College, but he thought that teaching philosophy was a "ridiculous profession" and resigned.
The first sentence of all Master Yuan’s letters is a famous quote from this famous quote writer: Sometimes ideas fall from trees before they mature.
Yuan Yanshu was not being modest, because the people he wanted to meet were all true masters.
The first and most important one is the British economist Alfred Marshall (1842-1924). You must send a copy. This old guy won’t live for many years. If you don’t get to know him now, you will have to go to another world to get to know him.
He liberated economics from its subordinate status to politics and history, making it a truly independent discipline. Under his influence, Cambridge University was the first to establish an economics department. In this respect, he can be said to be the chief contributor to the economics community, and the title of "Knight of Economics" is really appropriate.
He is also the founder of the neoclassical school, also known as the Cambridge School. Marshall's Principles of Economics, published in 1890, is recognized as a landmark work in the Western economics community and the most important work after The Wealth of Nations. Microeconomics came after this.
By the way, he was originally a physicist, but people told him that there was nothing , so he went into social sciences.
Marshall also had a favorite disciple and orthodox successor named Arthur Cecil Pigou (1877-1959), who later became one of Keynes's main opponents and created the "Pigou effect." Yuan Yanshu had to get to know Mr. Pigou for the sake of his own ass.
Now that the UK has it, the US certainly needs it too.
The first is John Bates Clark (1847-1938), the founder of the American Economic Association and the same hometown as Mr. Ai Shouyi. Of course, his SAN value is not that low. Although he is not a member of the Austrian school, he is also an important member of the marginal utility school.
The most important economics award besides the Nobel Prize in Economics is the Clark Prize named after him, awarded by the American Economic Association. Unlike the Nobel Prize, this award is only given to young people under the age of 40.
Our Master Yuan is of course also going to join the American Economic Association, and this Columbia University professor is also working on marginal utility theory, so he is a semi-ally in academic terms.
Of course, there is also an important figure of the historical school, the founder of the institutional economics school, and the then director of the U.S. Bureau of Economic Research, John Rogers Commons ( 1862-1945).
Irving Fisher (1867-1947), one of the pioneers of econometrics and the first mathematical economist in the United States, is a Yale professor who is now teaching everyone how to invest and manage money. However, after the Great Depression, he lost everything and became a prime example of why economists cannot enter the stock market.
Harvard, Yale, Columbia, Stanford, Princeton... Master Yuan did not miss any of the famous American universities that had a political economy department.
Well, the next name is very familiar even to laymen of economics, that is the Italian Vilfredo Pareto (1848-1923), who proposed the "Pareto Optimum" and "Pareto Principle". This descendant of Genoese nobility was an important member of the Lausanne School..
In fact, many contents of the National Socialism promoted by Mussolini and Hitler came from his theories, and later there were many of his disciples in the financial departments of the Italian fascist government.
Is this kind of person important? Should I write a letter to him?
Outside the Western economics community, there are also "non-Western" economists. This "non-Western" does not mean that those economists are not European, but that they are all leftists of various kinds.
For example, Rudolf Hilferding, the most authoritative theorist of the Second International and the future Minister of Finance of the German Social Democratic Party, would have died at the hands of the Gestapo in the original timeline. Yes, he was a Jew.
There is also Karl Kautsky (1854-1938), an important figure in the development of Western Marxism, one of the leaders of the Second International, and the editor of the fourth volume of Capital. Although he edited this volume of Capital, it was not considered to respect Marx's original intention in the West and the Soviet Union. By the way, in February 1921, he established a Second and a Half International in Vienna.
Another is Eduard Bernstein, who proposed the famous "Bernstein Revisionism".
This man is important because he refuted Marx's prediction that capitalism would soon die, and he insisted that socialism could be achieved through capitalism. Therefore, the economics community of a certain large Eastern country, which later claimed to be "the last bastion of capitalism" and "taking the path of socialism with Chinese characteristics", appreciated his theory very much.
“Knock knock knock…”
Hearing the knock on the door, Master Yuan, who was writing a letter at his desk, asked, "What's the matter?"
"Ah, there are two Japanese guests who want to see you..."