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Gatsby
Joined: 09 Feb 2007
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 Posted: Tue Sep 23, 2008 4:43 am Post subject: Korea Times cites French philosopher as US economics expert |
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Here's what a famous "public intellectual in economics and philosophical matters" says about the American economy:
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'Financial Meltdown Won’t Lead to Collapse of US Capitalism'
Guy Sorman, French scholar
By Kang Hyun-kyung
Staff Reporter
A globally renowned columnist and expert observed Tuesday that the ongoing financial turmoil in the United States will not ultimately lead to the collapse of capitalism.
In a lecture sponsored by the Institute for Global Economics (IGE) in collaboration with the Korea International Trade Association (KITA), Guy Sorman claimed the crisis has ostensibly had a serious effect on U.S. investment banks, but its impact on commercial banks would be negligible.
Sorman, an established writer and professor at Sciences Po, Paris, is serving as an advisor on President Lee Myung-bak's presidential council for future and vision.
``It is a crucial moment, but capitalism itself or the American economy will not see a crisis as some economists and experts predict,'' Sorman said in the speech. |
http://www.koreatimes.co.kr/www/news/nation/2008/09/116_31485.html
I'm not sure what he said, but it sounds good. I hope he's right, I think.
But who the hell is Guy Sorman? And why is every Tom, Dick and Harry who wanders into Korea described as a "globally renowned" whatever he is, even if he is only the conductor of the New York Mills, Minnesota, community band?
I did a search for him in google news and found a scattering of citations, in various languages:
http://news.google.com/archivesearch?q=guy+sorman&hl=en&ned=us&sa=N&sugg=d&as_user_ldate=1994&as_user_hdate=2006&lnav=h1
His name was mentioned once in one Washington Post article in 2005.
http://www.washingtonpost.com/wp-dyn/articles/A14590-2005Mar7.html
Here's his wikipedia entry:
Guy Sorman
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From Wikipedia, the free encyclopedia
Guy Sorman, October 5, 2005
Guy Sorman (born March 10, 1944, Paris, France) is a French professor , columnist , author and public intellectual in economics and philosophical matters. He has written twenty books that preach the ideals of creativity and modern capitalism. He is close to classical liberalism postulates. His ideas about renewable energy and environmentalism, as expressed in his book Progress and its enemies, are particularly controversial.He also a stroung defenser of Human rights in China ; he is committed to support democracy in many places like Turkey , Egypt ,Iran, Chile , Poland , Argentina . He is the global adviser of the South Korean President and he has held many public position in France at governemnt level. |
http://en.wikipedia.org/wiki/Guy_Sorman
OK, tell me again, why is Guy Sorman (who can't even proofread his own wikipedia entry in English -- I assume he wrote it himself) an expert in American economics and investment banking?
Oh yeah, because he gave a speech -- at the Korea Institute for Global Economics (IGE).
Next question: Why is he "an advisor on President Lee Myung-bak's presidential council for future and vision"? And what does this tell us about Lee?
This Sorman guy sure looks and sounds like a 34 karat phoney to me.
Last edited by Gatsby on Tue Sep 23, 2008 6:27 am; edited 2 times in total |
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Adventurer
Joined: 28 Jan 2006
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| Posted: Tue Sep 23, 2008 6:26 am Post subject: |
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| It says he is an intellectual when it comes economic affairs, but it doesn't tell me if he, at least, has a master's degree in economics. I know a little about economics, but I don't have a degree in the subject. I do agree that we shouldn't expect collapse of the global system as of yet, but we are not in the best of shape, and things could even be worse than what they are now. We shouldn't be overly optimistic, though. |
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EzeWong
Joined: 26 Mar 2008
Location: Seoul
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| Posted: Tue Sep 23, 2008 6:45 am Post subject: |
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I never trust economists,
They think they figured out the varibles, and come up with their own theories on how the economy works
Keynesians, monetarism, blah, it's all crap. None of them explain real life examples and are stupid simplifications to a larger clockwork we don't understand.
So this french economic "expert", I'm with you... He's not even an expert in this field...
Although, I give him the benefit of the doubt because you don't need to be an expert to be right about something.
I'm curious to read his theory, because honestly, no one knows where the economy is headed and if makes such a bold statement he either really knows what hes talking about, or is talking out of his ass. |
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