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Friday, July 18, 2003

Farewell to Charles Kindleberger

Picking up from Brad , it is sad to note the passing of a wonderful and illuminating economist: Charles Kindelberger. Actually sad may not quite be the right word, since making it through to 92, and remaining active till the end, I feel is an accomplishment in itself. He had a career which seemed to span everything from participating in the writing of the Marshall Plan, to commenting on the dot.com crash of 2000. Indeed Robert Shiller's work on informational cascades (with which my regular readers will know I am recently greatly enamoured) clearly owes an important debt to Kindleberger. So with this I say my farewell to someone who, through his work, will still accompany us for many years to come.

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