Christmas in the year 2017 in Manhattan, New York; Unlike many other Christmas, December 25, 2017, was a joyful day in manhattan with a chilly and blue sky weather. All chain grocery stores and even Woodbury Premium outlet were completely closed parking lots are absolutely empty first time in a year.
We were in Radio City Music Hall and Korean town to eat dinner with a french family who flew here to meet our family and to enjoy the Christmas Show at the Hall, which are celebrating the season every year with a fantastic dancing show.
Rouby family brought me as a Christmas gift a 639 page book that a French economist Jean Tirole wrote which was the foundation for a Nobel Laureate in Economics 1n 2014 " The theory of Corporate Finance" that applied mathematical analysis into describing economic events especially in the modern corporate financial structure.
I had to mention of a famous French economist M. Quesnay, a physician in the court of Louis XV and personal doctor to Mme. Pompadour. Quesnay pad propounded a school of economics known as Physiocracy and devised a chart of the economy called a Tableau Economique.It was truly a physician's insight : in contradistinction to the idea of the day which still held that wealth was the solid stuff of gold and silver in addition to well built building in the growing region.
Quesnay insisted that wealth sprang from production and that it flowed through nation, from hand to hand, replenishing the body social like the circulation of blood. A famous poet Walt Whitman also used the flow of blood in expressing scintillation of metaphors in his poem " I sing the body Electronic". He attempted to express only those sounds that are beneficial to mankind after absorbing all the sounds existed and produced in our world and sing those in poem.
All those sounds from passion, love, beauty and passions absorbed in the flow of blood are expressed in a poem using nano technology process. H attempted to link blood of body to our spirit. The ingenuity and intelligence of Quesnay greatly influenced Adam Smith who invented capitalism and wrote the Wealth of Nations. His personal admiration for the French doctor, had it not been for Quesnay's death, the Wealth of Nations would have been dedicated to him according to confession by Adam Smith in his book.
Our celebration of 2017 Christmas with a French family in this sense is memorable and rooted a historical review. It will be remembered forever for the rest of my life as an occasion for the meaningful history of French influence .
Hubert Hojae Lee |Economist
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