Dec 09, 2008 21:28
Happy and I have continued playing my favorite game, Econo-mon, by going to Busboys and Poets for the signing of an econo-novel written by Peter Koenig. Koenig worked as an economist at the World Bank for most of his career and traveled extensively.
When I went to see Mohammed Yunus and get my books signed I was awed; he was absolutely amazing. When I went to see Peter Koenig I was awed; he was absolutely crazy.
I wonder how this man still manages to call himself an economist; aside from the fact that I think someone should inform him that he is no longer worthy of having a PhD in Economics because he seems to have lost touch with every single economic principle, it also appears as though he would be happier if he could disassociate himself from the profession.
When Happy and I first entered the room I was surprised by the presence of hippies, but I was excited by the prospect of adding an economics novel to my collection so I ignored the warning signs. When Koenig opened his mouth, however, they became impossible to ignore. He cringed when he had to say the word "capitalism."
From what I can tell Koenig's prefect world is one in which there is no trade, no technology, no private industry, no banking, and everyone lives in a state of equal squalor. So basically 2000 BC.
I spent most of his talk imagining my development professor, Dr. Hanson, and Koenig in a knock-down-drag-out fight with Hanson occasionally yelling out "Pre-modern v modern!" In my mind Hanson won, of course, because while I hated his writing assignments his economics where much more solid than Koenig's. In his victory speech Hanson would proudly proclaim "There is no call for starvation in a zero sum world!"
Also Koenig needs to revisit the definition of "public good." Water, electricity, education, and health care are rival and exclude-able, thus NOT public goods.
econo-nerd