Commentary: Poetry & Economics: An Essay on Poetry and Economics in Commemoration of By Dr. Yang-Taek Lim Dean and Professor, Economics and Finance College Hanyang University, Korea I was very happy to
hear from the president, Mr. Kim Yoon-Ho, on November 1, 2006, that my poems,
including Prayer on the Top of the Baekdu Mountai,’ won the 14th Award of New Literary Writer, which was opened by
the Association of Baekdusan Literary Writers and its quarterly Baekdu Mountain
Literature, which made my debut to the commonwealth of Korean writers. Indeed, I can't
believe that an old economist (with age 59) has become a poet, although I am
proud of this nonetheless. In fact, because of my shyness, I have published my
English poems on the US BWW Society (www.bwwsociety.org) rather than in Receiving the "honor that probably never I can have twice
in lifetime," as the president Kim Yoon-Ho said, I missed my late
parents and, especially, my uncle. In my childhood, my uncle, who was a famous
poet in the era before and after the liberation of In retrospect, in my home
town, there was so beautiful seashore with clean and bright shells scraps,
small and glossy stones, peacefully laughing wavelets, blue waters, and many
fishing boats. This town was surrounded by several connected mountains and
hills like a folding screen. There I had been grown up with my grandparents who
were stern but full of affection for their first grandson. However, apart from
me, my parents lived in the city for my father’s political activity. So, I had
been very lonely as if I was a ‘quasi-orphan.’ When I missed my parents, I went
to the seashore, watching dim lights of downtown across the sea, looking up
the-likely-to be falling starts in the dark sky. I have loved writings
rather than words, above all, poems. When I read poems, I often feel that a
poem is a heavenly language 'stolen' by a human being. Mostly, the poets using
such beautiful language died young (ex: Yoon Dong-Ju, Kim So-Wol, etc.). My
uncle also died with many unpublished poems when he was only 33 years old. I
always have believed that a poet, who tells the heaven's mind in human
language, would experience internal conflicts rooted in his or her heart and external
hardships due to some economic reasons for daily life. Therefore, I had a great
fear of becoming a poet when I was young, because I knew, by intuition, the
wind in my mind that I could not bear. To ignore this possibility willfully, I
have devoted myself to the logic and metric thinking as an economic scholar for
more than 30 years. However, I could not
realize that the poetic mind is not created by a human’s efforts but given by
the heaven until I became about sixty. As the sun, moon and stars exist in the
heaven, we have reason, motion and nostalgic mind. Difference among humans
means that they have different reasons, motions and objects of nostalgia, I
believe. My 'nostalgia'
includes not only a nostalgic sweetness of the figures I lost in the past but
also the ardent wish for 'the greatest happiness of the greatest number', an
idea that we will have to seek for in the future. In other words, it is an
eager desire for a human society full of human truth and sympathy where all
humans live under cooperation and happiness. Although I belong to
the mainstream community of economists, I am not credulous about the market
function because the market governed by the 'law of jungle' (the survival of
the fittest) is cruel. I prefer a 'human capitalism.' In reflection of this
mind, I wrote my doctoral thesis titled 'Optimal Economic Growth and Social
Security' in 1978, which proposed a self-perpetuating optimal economic growth
model for the coexistence between continued economic growth and social security
system and for dynamic stability in an attempt to solve the problem of mass
poverty. In line with such a thought, I have written about the effects of human
capital on economic development (growth). Also, I have emphasized the
importance of education creating human capital in my recent research:
"Optimal Economic Growth with Human Capital". Now, I believe 'human
capitalism' is based on the Dangun's thought that human is heaven and vice
versa. It is the picture of human society that God wants. However, my
'nostalgia' needs much mental culture and many lessons because it has not been
sublimed into a universal value of human beings. This limit, I believe, comes
from my insufficient devotion to God. In other words, I have not had the
awareness that God's love itself is an integral of the universal value of human
beings and I have not sublimed and internalized the awareness into the
'nostalgia.' Based on my barren
feeling that I have not reached the level of such understanding, my ‘nostalgia’
is expressed mostly as 'our nostalgia' for our nation and for our people. A typical
example is my favorite poem 'Prayer on
the Top of I am not sure how
much absolute and relative time the heaven will give me. I am going to
rearrange and update all of my papers and books I have written as an economist
and establish an economic view of the 'greatest happiness of the greatest
number.' Then, I will deliver 'our nostalgia' for the human society full of
everyone's happiness, as a cuckoo sings, with the setting of the mountains and
rivers harboring the sorrow of Korean history. And, I will sing my thankfulness
to God for giving me a life, great parents, lovely wife, son and daughters, and
a happiness of being able to teach students for all my life. Thank you very much. Poet Lim Yang-Taek
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