In memory of Frank Hahn, a rare jewell of a neoclassical economist

30 Jan

Having just received the news of Frank Hahn’s passing, from my friend and colleague Nicholas Theocarakis, I felt the obligation to share Nicholas’s email with all of you. Those of us who knew and worked with Frank Hahn can only second Nicholas’ points. At least I do. Until time permits a long, considered assessment of Hahn’s momentous work and colourful personality, an extract from Nicholas’ email will have to suffice. For my part,  I consider today to be a particularly sad day. Especially so in view of the fact that we shall never again see neoclassical economists capable of criticising, without fear or passion, the foundations of their models and distinctly concerned about the seaworthiness of their theoretical vessel. 

Here is Nicholas Theocarakis, addressing our common friend and colleague George Krimpas (who was Nicholas’ influential teacher back in the 1970s, and who had a longstanding relationship with Frank Hahn and his wife):  ”My teacher, You have by now received the sad news of Frank Hahn’s demise. He was a great economist. The neoclassical swine never appreciated the treasure they had by their side. Being the pathetic ideologues they are, they never tolerated Hahn’s methodological criticisms opting for the more benign criticisms of Stiglitz et al. But Frank was never afraid. He pursued the matter to its logical conclusion with no concern where this would lead. Not playing the game cost him the Nobel Prize which was awarded to far lesser intellects… Much love N”

7 Responses to “In memory of Frank Hahn, a rare jewell of a neoclassical economist”

  1. Jon Cloke February 1, 2013 at 15:35 #

    Isn’t being a critical neoclassical economist a bit like being a flat-earther with reservations, or a doubting phrenologist?

    I expect that peddling Hayek and Friedman’s snake oil will have ensured him a long and profitable career, so don’t be too sad at his passing – rather, sympathy for the victims of his cargo cult.

  2. Vlassis Missos January 31, 2013 at 11:46 #

    What to say… Nickolas Theocarakis speaks directly from the bottom of his heart to the bottoms of others’, and of course to his teacher’s.

    Let Hanh rest in truth rather than peace.

  3. markopolis January 30, 2013 at 18:46 #

    Frank Hahn taught me economics at Cambridge in the 1980s.
    He really was a captivating speaker and had no problem at all criticising his colleagues when he thought they were wrong. I never saw him lose an argument.

  4. Emmanouil January 30, 2013 at 16:43 #

    “The neoclassical swine…”

    Jesus, economics is really a divided subject isn’t it (to say the least).

    • Chris Coles January 30, 2013 at 18:27 #

      A similar thought crossed my mind too.

    • Crossover January 30, 2013 at 19:38 #

      Yes…but what isnt really ?

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