Prof. Xenophon Zolotas is a well-known Greek
economist. The speeches that follows were given to a foreign audience, at the
closing session of the International Bank for Reconstruction and Development,
on September 26, 1957 and on October 2, 1959. Prof. Zolotas held the positions
of the Governor of the bank of Greece and the Governor of the Funds for Greece,
at that time.
Mr Xenophon Zolotas
Xenophon Zolotas delivered the following speech in English, using exclusively Greek words
Harvard University, 1954
It is Zeus' anathema on our epoch for the dynamism of our economies and the herecy of our economic methods and policies that we should agonize between the Scylla of nomismatic plethora and the Charybdis of economic anaemia. It is not my idiosyncracy to be ironic or sarcastic but my diagnosis should be that politicians are rather cryptoplethorists.
Although the emphatically stigmatize nomismatic plethora, they energize it through their tactics and practices. Our policies have to be based more on economic and less on political criteria. Our gnomon has to be a metron between political, strategic and philanthropic scopes. Political magic has always been antieconomic.
In our epoch characterised by monopolies, oligopolies, monopolistic antagonism and polymorphous inelasticities, our policies have to be more orthological. But this should not be metamorphosed into plethorophobia which is endemic among academic economists.
Nomismatic symmetry should not antagonize economic acme. A greater harmonization between the practices of the economic and numismatic archons is basic. Parallel to this, we have to synchronize and harmonize more and more our economic and numismatic policies panethnically.
These scopes are more practicable now, when the prognostics of the political barometer are halcyonic.
The history of our didymous organisations in this sphere has been didactic and theri gnostic practices will always be a tonic to the polyonymous and idiomorphous ethical economies. The genesis of the programmed organisation will dynamize these policies. I sympathise, therefore, with the apostles and the hierarchy of our organisations in their zeal to programme orthodox economic and numismatic policies, although I have some logomachy with them.
I apologize for having tyranized you with my hellenic phraseology. In my epilogue, I emphasize my eulogy to the philoxenous autochthons of this cosmopolitan metropolis and my encomium to you, Kyrie, and the stenographers.
Mr. Xenophon Zolotas