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Fall 2010
ISSN 0890-913X
Volume 26, Number 1

The Analects of Boettke

Adam Martin, New York University
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TheAnalectsofBoettkeTheJournalofPrivateEnterprise26(1),2010,125-141AdamMartin*NewYorkUniversityAbstractAphorismsarepithyexpressionsfrequentlyentailingsomeparadox,eitherinternallyorinjuxtapositionwithotheraphorisms.ThisarticlecollectsandinterpretstheaphorismsthatPeterBoettkeusesintheinstructionofgraduatestudentsineconomics.Italsoexaminestheroleofaphorismsinacademiceconomics,arguingthattheirvalueistobeseenprimarilyinthecraftofeconomicsratherthanineconomicreasoningperse.JELCodes:A11,A14,A23,B41,B53Keywords:Aphorisms;Economiceducation;I.IntroductionTheMastersaid,Studyasthoughyoucannotcatchuptoit,andasthoughyoufearyouaregoingtoloseit.”Analects8.171KŏngFūzĭwasascholarandsageofgreatrenownwholivedduringtheZhouDynasty.TodayheisbetterknownbytheLatinizedConfucius,”foldingtogetherbothhisname(Kŏng)andhistitle(Fūzĭ),whichmeansMasterorTeacher.”Attheheartofhisteachingsistheideathatrespectforsocialnormscanennobleindividualcharacter.Byobservingcustomarymanners(),orritualpropriety),oneinternalizestheirmeaningandthuscomestoexhibitauthoritativeconduct(rén,orbenevolence)bywhichonebecomesmorefullyhuman(i.e.,followsthedao).2Livinginatimeofpolitical*�Thankstotheothercontributorstothisvolume,StevenHorwitz,andDavidPrychitkofortheirinvaluablehelpingatheringthelistofaphorisms.AndofcoursemydeepestgratitudegoestoPeterBoettke.SeePete,Iwaslistening.1ThroughoutIreferencetheAmesandRosemont(1998)editionofTheAnalectsofConfucius,bypagenumberwhenitistheirannotationsandbybookandaphorismnumberwhenitcomesfromthetextproper.2AsummaryofhowtobesttranslatethesedifficulttechnicaltermscomesinthefrontmattertoAmesandRosemont(1998).125
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