“Good
writing … is especially important in a subject such as economics. It is not
enough to explain. The images that are in the mind of the writer must be made
to reappear in the mind of the reader, and it is the absence of this ability
that causes much economic writing to be condemned, quite properly, as
abstract.” – John Kenneth
Galbraith
From
time-to-time students will ask why they have to take a “writing” class, when
they’re planning to go into business, mathematics, computers, or economics. I
say to them, make writing the foundation of ANY career choice.
It
also was the mantra of Galbraith (born in October, 1908), the economist, public
official, and diplomat, who taught economics for decades at Harvard and also
served as a U.S. Ambassador to India in the Kennedy administration. His books
on economic topics were bestsellers from the 1950s through the 2000s, during
which time he also filled the unofficial role of “public intellectual.” A prolific author, he wrote four dozen
books, including several novels, and published more than a thousand articles
and essays.
In 1977, he wrote the scripts for the
major PBS and BBC Television series on economics – The Age of Uncertainty
– a series I highly recommend for its clarity and – as it turned out –
prophetic insights. It went on air in 38
countries. “One
of the greatest pieces of economic wisdom,” Galbraith once noted, “is to know what you do not know.”
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