Do you have talent for the history of economics?
Paul Samuelson asked in the title of a commentary to John Chipman’s book on Pareto (Box 6, Rare Books, Manuscript, and Special Collections Library, Duke University): “Do you
have talent for economic theory?”, and started it as follows:
You should cultivate chiropractory or plumbing if you can’t give the right definite answer to the following question:
“If the minimum cost of achieving at least adequate amounts of calories and vitamins is $39 per year, what must the minimum cost be of achieving exactly the specified amounts of calories and vitamins?”
Does anyone want to try, just for fun, to formulate a question that would serve similarly to the history of economics? Hum… I guess it should start with Smith and end with Keynes…