Economic essays

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Monograph

Identifikator:: 1753623200

URN:: urn:nbn:de:zbw-retromon-136107

Document type:: Monograph

Title:: Economic essays

Place of publication:: New York

Publisher:: Macmillan

Year of publication:: 1927

Scope:: viii, 368 S.; Ill., graph. Darst.

Digitisation:: 2021

Collection:: Economics Books

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364 APPENDIX literature. There it will remain, conferring a lasting lustre upon American scholarship. We honor Professor Clark also as the prophet of a more human and a more optimistic economics. In his twenties, when young men can see visions, he saw with his spiritual eye a finer, happier world, and in his Philosophy of Wealth he voiced his vision in a philosophy of optimism. Things have not moved exactly in the way, or perhaps to the degree that he then forecast them. Competition has not disappeared in the degree that his fancy pictured, nor did cooperation as a method of industry to that degree come to take its place. “A man’s reach should exceed his grasp, or what’s a heaven for?” But by and large, things have moved as Clark’s prophetic eye saw they would ; and he, more than any other man in America, I venture to say, has helped to transform economics from a dismal science into a philosophy of human welfare. Finally, we honor Professor Clark as a man and as a friend, unpretentious, sincere, loyal, clear of vision, helpful to all those about him. It might be said of him as of the sage of Grand Pré, “Ripe in wisdom is he, and patient and simple and childlike.” His clear counsel has directed many young men upon the right roads of scholarship, and along the right lines of life. In him we find the finest embodiment of the spirit of scholarship. In him we find the best fruition of that branch of philosophy which con- cerns itself with human happiness. So, dear friend, on behalf of the economic fraternity, I greet you. May you live long to enjoy the honors that you have so justly earned in the esteem of your fellow men, and the affection of your colleagues one and all in the economic profession. The Chairman We have heard much tonight of the various achievements of our guest. [ fancy that if we were to ask him of what, on the whole, with all his modesty he is most proud, he would count, as I should count, his main achievement the fact that he has been responsible for the brilliant son who is with us tonight, and who is carrying still further into unknown regions the flag which his father in his day so successfully unfurled. Before I call upon our “birthday child” to say a few words in response, [ am sure that you all wish for him a happy recollection of this dis- tinguished evening, and that we bespeak for him a continuance for many a year of that health and happiness, mental and physical, which it has been his good fortune to enjoy for all these decades. I therefore ask you all to rise and to drink to Professor Clark, from what it is only possible for us to do tonight, the clear water of affection, of veneration, of love and of expectation for the future. Professor John Bates Clark Mr. Chairman, Mr. President and Friends: I think that if I should chance to find in any quarter of the city a

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