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Adam Smith, from whose writings the name Truck and Barter was culled, was born today in 1723. John Maynard Keynes, the exotic blend of free thinker, liberal, and political pragmatist was born today in 1883.

Let's extrapolate the trend from these two data points: Will another great economist be born on June 5, 2043? Seems silly, no? How many other predictions do we make from only two widely spaced historical observations?

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Presuming linearity, even if data points are not so widely spaced, is simplistic. Try graphing birthdate versus greatness of all economists, and see if the theory holds. Ricardo (not the one responsible for much progress in internal engine cylinder head design) should be enough to force a recalculation.


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This page contains a single entry by Kevin published on June 5, 2004 9:55 AM.

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