Những gì chúng tôi đã cố gắng để làm với các điều khiển tín dụng trong thập niên tám mươi là cùng. Chúng tôi đã cố gắng để bắt chước các thị trường, và chúng tôi có một loại phản ứng khác nhau. Mehrling: Tôi muốn kết thúc ở đây bằng cách nói chuyện về vấn đề độc lập của FED. Tôi biết rằng bạn đã chiến đấu về điều này khi bạn đang ở Fed, và rất nhiều trong số đó là duy trì độc lập của chính phủ. Tôi tự hỏi nếu bạn sẽ chấp nhận ý tưởng. | 280 Pierre Dehez and Omar Licandro Figure London embankment 1949 selling sterling forward on behalf of Belgian wool washers. how they have influenced your research Drèze When I graduated from high school in 1946 I enrolled for a degree in philosophy at Louvain. The plan did not materialize due to the accidental death of my older brother a few weeks before commencement. This was a very hard blow for my parents and I decided to stay with them go to work for my father serving as a secretary chauffeur and assistant but mostly keeping him company and providing the stimulation of introducing me to his trade. At the same time I enrolled for a degree in business and economics at the nearby University of Liege. My father was a small-town banker in a one-industry town textiles and textile machinery. His business was very modest but these were the years of postwar reconstruction and my father s customers faced all sorts of new financial problems. As I had no fixed duties at the bank and had progressively acquired a basic understanding of finance I went on a number of special assignments that were very instructive like finding counterparts in London for forward transactions on foreign currencies negotiating barter agreements in Finland to enable a local firm to pay for textile machinery with pig iron raising equity capital for a small family-owned firm or even serving as mediator for a labor conflict. So by the age of 20 or 21 I had come to grips with a set of real economic problems of some sophistication. This was more challenging than the curriculum in business and economics at Liege where I was not attending classes anyhow. In these early postwar years modern economics had not yet come to Liege. I managed to graduate without suspecting the existence of a scientific discipline of economics. Dehez Then the American experience came. How did you decide to go to the States and to work for a . Why did you go to Columbia Drèze When I graduated from Liege the University .
