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2015 | Book

Introduction: Fitoussi’s Fruitful Economics Read chapter Read first chapter

Fruitful Economics

Papers in Honor of and by Jean-Paul Fitoussi

Editors: Éloi Laurent, Jacques Le Cacheux

Publisher: Palgrave Macmillan UK

Part of: Springer Professional "Wirtschaft+Technik" , Springer Professional "Wirtschaft" , Springer Professional "Technik"

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About this book

This volume is both a tribute to and study of the French economist Jean-Paul Fitoussi. Fitoussi's pluralistic scholarship has shaped modern macroeconomics, political economy, economics of inequality and, more recently, the economics of sustainability.

Table of Contents

Frontmatter
Introduction: Fitoussi’s Fruitful Economics
Abstract
When it comes to generosity, Jean-Paul Fitoussi is ultra-liberal. When it comes to economic analysis and policy, not so much. Here are summed up the private and public man. But Jean-Paul Fitoussi is also in between private and public, a great friend and thinking partner. This is why “fruitful economics” well describes to our eyes to what branch of our discipline Jean-Paul Fitoussi belongs.
Éloi Laurent, Jacques Le Cacheux
Prologue: The Measurement of the Economic World
Abstract
When I was elected President of the International Economic Association in 1983, I found that there was a vacancy in the position of Secretary-General. I lack any serious capacity for administration, but I have a substitute: a talent for identifying good administrators so that I can put my research project or other activity under their wing. I promptly started interviewing, Jean-Paul Fitoussi and others. It really required no ability on my part; he was obviously the right person, as attested by strong recommendations from, as I recall, Richard Musgrave and Don Patinkin.
Kenneth J. Arrow
1. Reconstructing Macroeconomic Theory to Manage Economic Policy
Abstract
It is a great pleasure for me to participate in this event celebrating Jean-Paul Fitoussi’s contribution to economics and to public life. There are so many aspects of his work and of his collaborations over a long period of years on which I feel I should comment: His role, for instance, in the International Commission on the Measurement of Economic Performance and Social Progress, has provided a critical impetus to what is now a major global movement. The commission’s work was not just about measurement; it was about shaping our society, for what we measure affects what we do.1 I should talk too about his contributions over a quarter century to the International Economic Association, where he served as Secretary General, and which he continues to advise. I could talk as well about his efforts to reshape the G20 agenda when France chaired that group,2 or the work we did together in the Commission of Experts of the President of the United Nations General Assembly on Reforms of the International Monetary and Financial System, in the aftermath of the global financial crisis.3
Joseph E. Stiglitz
2. Undemocratic and Unequal: Fitoussi’s Critique of Europe’s Institutions
Abstract
It’s a delight and a great honor to have the opportunity to speak on this fine occasion about the life work of a very dear friend of mine and a brilliant economist whom we all admire: Jean-Paul Fitoussi. My wife, Viviana, and I became close friends of him and his wife Annie — also brilliant but much wittier than her husband — from the first time we met in Fiesole some 30 years ago. We soon embarked on a book together, La Crise en Europe, and I soon became a hanger-on at Science Po and the OFCE watching Jean-Paul Fitoussi’s rise.
Edmund S. Phelps
3. Thinking about Sustainability à la Façon de Fitoussi
Abstract
Jean-Paul Fitoussi is an old and valued friend, and that is reason enough for me to welcome this celebration of his work. In truth, he has been more than a friend; he has been a dependable ally in controversies over issues ranging from the proper teaching of economics to major questions of broad macroeconomic policy. Naturally, I had intended to be at the conference and dinner in his honor; but, as I sit down to write, it looks as if my own limitations and the health of my wife will mean that the text will have to stand in for me. Quite possibly, French literary theory will take the replacement of a person by a text as a sign of progress.
Robert M. Solow
Epilogue: The Leadership of Jean-Paul Fitoussi
Abstract
I have known Jean-Paul Fitoussi for more than 30 years — and as a close friend. I am ready, therefore, to dismiss my claim of being entirely objective about this great guy, but non-objectivity of a belief does not, as any epistemologist knows, imply that the conviction is untrue. I do believe that Fitoussi is a natural leader of thought, who has initiated so many enquiries and lines of investigation that it is hard for us, who have been exposed to his ideas and analyzes, to guess what our understanding of the contemporary world would have been but for his role in influencing our thought.
Amartya K. Sen
Metadata
Title
Fruitful Economics
Editors
Éloi Laurent
Jacques Le Cacheux
Copyright Year
2015
Publisher
Palgrave Macmillan UK
Electronic ISBN
978-1-137-45105-7
Print ISBN
978-1-349-49717-1
DOI
https://doi.org/10.1057/9781137451057