Friday, April 27, 2012

Economists and the Artistic Process

Hand Framed by William J. Baumol
William Baumol is one of our greatest living economists and his work over the years has been innovative, groundbreaking, creative and copious. But did you know that Will is also a very talented fine artist in multiple mediums?  You can see more of his work HERE.

I was a dinner not too long ago in honor of Will and the person that introduced him said something to the effect: "If you take his output during any rolling five year period from the late 1940's until this very day. That 5 year output could earn him tenure at any university in the world." 

Thinking about Will, his continued accomplishments and the art he creates reminded me of a quote from Stephen Pressfield from his book, Do the Work.
      “A child has no trouble believing the unbelievable, nor does the genius or the madman. It’s only you and I, with our big brains and our tiny hearts, who doubt and overthink and hesitate.”

have a great weekend,

1 comment:

  1. Economics Development is a process whereby an economy’s real National Income Increases over a long period of time, and if the rate of development is greater than the rate of population growth, then pre capital real income will increase. Banks are the custodians and distributors of liquid capital which is the life blood of our commercial and industrial activities.