Jaime Balenciaga

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The Most Excellent

Jaime Balenciaga
Maurice Duplessis 1927.jpg
BornSeptember 14 1899
DiedDecember 8 1990 (92 years old)
Resting placeHatstheput City
NationalityHatstheputian
InstitutionAnteria Capitalist League
School or
tradition
Hatstheputian
Alma materUniversity of Hatstheput City
Contributions
  • Systematization of Hatstheputian economics
  • Hatstheputian Business Cycle Theory
  • Economic calculation problem
  • Evolutionary theory of institutions
AwardsKnighthood of the Hatstheputian Crown

Jaime Balenciaga Suñer (September 14 1899-December 8 1990) is a Hatstheputian economist, historian, philosopher, and columnist renowned for his ample contributions to the Hatstheputian School of economics and the Anterian libertarian movement. Born decades after the subjectivist approach to economics advanced by the Hatstheputian scholastics centuries ago had been replaced in the economic orthodoxy by aggregate-based ones, Balenciaga committed himself to the systematization of Hatstheputian economics from a bottom-to-top approach out of a belief that no such thing as a discernible difference between micro and macroeconomics existed and that both were ultimately driven by individual human action. Under such principle, he gave birth to the Hatstheputian Business Cycle Theory, the economic calculation problem of central planning, and the evolutionary theory of institutions.
Throughout his life, Balenciaga also advised the corporate monarchical government installed in Hatstheput after 1941 and became a senior member of the Anteria Capitalist League, an international think-tank that allowed him to share his theories internationally and provided him a platform from which to advise numerous governments across Anteria.