4.7 • 9.2K Ratings
🗓️ 17 July 2023
⏱️ 10 minutes
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0:00.0 | NPR. |
0:11.6 | This is the indicator from Planet Money, I'm Wailin Wong. |
0:14.2 | And I'm Adrienne Ma. |
0:15.2 | When Reshma Hussam was in high school, she knew that she wanted to study economics. |
0:20.2 | So in her college application essay, she talked about what inspired her to choose that major. |
0:25.4 | And in particular, she talked about these books that she'd read. |
0:28.6 | So my college essay began with Foundation and how I had discovered this thing called |
0:35.2 | Psychohistory. |
0:36.5 | Foundation, Psychohistory, these are not references to classic economic texts like Adam Smith, |
0:43.0 | the wealth of nations, or a monetary history of the United States by Milton Friedman and Anna |
0:47.7 | Schwartz. |
0:48.7 | Foundation is a series of novels by the science fiction writer Isaac Asimov. |
0:53.8 | And these books have been cited by economists from a former central bank governor to Nobel |
0:58.2 | prize winner Paul Krugman as having shaped their interests at a formative age. |
1:03.4 | In the Foundation series, Isaac Asimov created this fictional scientific discipline that |
1:08.1 | basically uses math to save the world. |
1:11.1 | It was such a powerful idea that when people like Reshma Hussam, Red Foundation, as teenagers, |
1:16.9 | it helped set them on a career path in economics. |
1:21.1 | To day on the show, we talked with Reshma and another economist for whom these novels |
1:25.1 | were foundational. |
1:27.5 | They tell us what drew them to Asimov's ideas and where they had to leave the realm |
1:31.3 | of science fiction behind to grapple with real world problems. |
... |
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