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An Economist’s Retrospective Reflections

Heinz W. Arndt

Chapter 20 in Protection, Cooperation, Integration and Development, 1987, pp 301-311 from Palgrave Macmillan

Abstract: Abstract In the dawn of ping-pong diplomacy, a group of Yale economists visited China. Lloyd Reynolds, in his account of the visit, related how in Peking they expressed to their hosts the wish to meet some government economists, whether planners or advisers. They were quite unsuccessful. Gradually, said Lloyd Reynolds, the awful thought occurred to us: is it possible that a country of 900 million people can be governed without any economists at all?

Keywords: Rational Choice; Moral Conviction; Economic Science; Pure Theory; Professional Economist (search for similar items in EconPapers)
Date: 1987
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Persistent link: https://EconPapers.repec.org/RePEc:pal:palchp:978-1-349-09370-0_20

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DOI: 10.1007/978-1-349-09370-0_20

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