Bernardo M. Villegas
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Demise of the Beautiful Mind

            Last May 23, 2015, the famous Nobel laureate in economics and winner of the Abel Prize in mathematics, John Nash and his wife Alicia de Larde Nash were killed  in a motor vehicle accident in New Jersey.  Nash—popularized by Hollywood in the highly successful movie “The Beautiful Mind” with actor Russel Crowe playing the lead character—was 86 years old when he died.  I first heard of this mathematical genius when I entered Harvard as a Ph.D. student in 1959.  He was teaching at the nearby Massachusetts Institute of Technology (M.I.T.) and was known as a prodigy, having earned his Ph. D. from Princeton at the age of 21 after writing a doctoral dissertation containing only 32 pages on non-cooperative games, replete with mathematical equations.  He was considered in the same league as equally famous Paul Samuelson, also a Nobel laureate in economics and the author of the most successful economics textbook in U.S. educational history, who was also teaching at M.I.T. at that time.  Professor Samuelson obtained his Ph.D. in Economics from Harvard University by writing even a much shorter dissertation, all in mathematical equations, entitled “Foundations of Economic Analysis.”  Samuelson was 26 when he earned his Ph.D.

   Featured Books

       The historical trends, empirical findings, and policy updates are discussed in detail in the essays compiled in this book. The most convincing argument that supports the thesis of the book, i.e. that population growth is a poitive factor in attaining sustainable human development, is found in the foreword to the book, which is adopted from an article written by Mr. Roberto de Ocampo, former Finance Secretary of the Philippines and multi-awarded finance official in Asia. Thanks to the continuing growth of the Philippines population, Filipinos are in more than 100 countries all over the world, contributing much-needed foreign echange and purchasing power to the Philippine economy and fostering the human and spiritual development of the most diverse of peoples and cultures on this planet.

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Inside Business: Critique on RH Bill

ANC Interview by Coco Alcuaz regarding the RH bill and the Philippine economy.