Friday, April 3, 2015

“The world has lost a great man,” says Nobel Economics … – TSF Online

In a text written shortly after being known of the death of José da Silva Lopes, Paul Krugman describes her experience in the 70s, while still a student at the Bank of Portugal where he met the Portuguese economist.

“Let be added to work with Silva Lopes – which at times must have been terrified to have to deal with us, uneducated students when he was trying to deal with the chaos of the still unstable political system, but still showed a good infallible and intelligent humor – was of the highest real point of the whole story, “writes

Paul Krugman reminds one in Portugal after April 25, before the first request help from the IMF, one. country for fear of not having enough foreign exchange reserves for payments of goods entering the country, some essential goods. At that time, Silva Lopes said: “when you have reservations for six months, will not have reservations.” And Krugman now says that this phrase was a crucial inspiration for his early work.

The Nobel Economics recalls moments this season, but also the time when he returned to cross with Silva Lopes, when two years ago received a doctorate “honoris causa” in Lisbon.

Krugman concludes by writing that “the world has lost a great man, good and incredibly friendly” and recalls a joke Silva Lopes on the national economy, which exported much clothing: “we are not the Republic of bananas on the Republic of pajamas”

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