The leading financial newspaper in Brazil is
Valor Economico (which means "Economic Value"). A
major cover story about the book just appeared today (February 9, 2007) in that newspaper. It includes original artwork produced by the newspaper and photographs acquired by the newspaper. The article includes a cover story by the newspaper's editor and commentaries by five Brazilian economists. I shall try to acquire an English translation of all six parts to put online, but at present I only have a translation of the editor's cover story. The color photographs alone are worth seeing, even without availability of the full translation. Here is an excerpt from the newspaper editor's cover story:
"In frank conversations, unburdened by the formalizations found in academic papers, 16 eminent American and European economists posit their philosophies, explain theories and methodologies, and offer their personal experiences. The end result is a picture of the profession that is in constant flux ... ITEM, which was recently launched in Europe and the U.S., is already a best seller on the Financial Times list and offers great help ... The book which is edited by William A. Barnett, macroeconomics professor at the University of Kansas, and Paul Samuelson, 1970 Nobel Laureate, is really a map into the minds of 16 American and European important economists, who are well-known for their major contributions to economic study. The book regales us with personal anecdotes of these economists, their memories, choices made, and landmark moments in their careers ... This book is about unfiltered ideas, not in the tradition found in the usual academic avenues of censored personal views in lieu of purely technical models, theories, or insights. Both interviewers and interviewees successfully rally around the book's central focus on the importance of intellectual exchange ... it is useful to learn about the experiences of these economists and what drives them to their pursuit. This book provides a coherent vision of modern economics and its connection with the lifetime experiences of famous economists, whose work was seminal for the discipline ... It's important to know (or remember) that Janos Kornai's defense in Budapest on the eve of the revolution of 1956 attracted an audience of hundreds. When he published it in book form with a title that spoke of the "excess of centralization", he lost his job, and a close friend was executed ... ITEM is a valuable work, and it succeeds in the need to contextualize the advances of the field's theories with a sense of its implicit history."
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