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Leontief
Wassily Wassilyevich Leontief (russian: Васи́лий Васи́льевич Лео́нтьев; August 5, 1905 – February 5, 1999), was a Soviet-American economist known for his research on input–output analysis and how changes in one economic sector may affect other sectors. Leontief won the Nobel Memorial Prize in Economic Sciences in 1973, and four of his doctoral students have also been awarded the prize (Paul Samuelson 1970, Robert Solow 1987, Vernon L. Smith 2002, Thomas Schelling 2005). Biography Early life Wassily Leontief was born on August 5, 1905, in Munich, Germany, the son of Wassily W. Leontief (professor of Economics) and Zlata (German spelling ''Slata''; later Evgenia) Leontief (née Becker). Wassily Leontief Sr. belonged to a family of Russian old-believer merchants living in St. Petersburg since 1741. Evgenia (Genya) Becker belonged to a wealthy Jewish family from Odessa. At 15 in 1921, Wassily Jr. entered University of Leningrad in present-day St. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Input–output Model
In economics, an input–output model is a quantitative economic model that represents the interdependencies between different sectors of a national economy or different regional economies.Thijs Ten Raa, Input–Output Economics: Theory and Applications: Featuring Asian Economies', World Scientific, 2009 Wassily Leontief (1906–1999) is credited with developing this type of analysis and earned the Nobel Prize in Economics for his development of this model. Origins Francois Quesnay had developed a cruder version of this technique called Tableau économique, and Léon Walras's work ''Elements of Pure Economics'' on general equilibrium theory also was a forerunner and made a generalization of Leontief's seminal concept. Alexander Bogdanov has been credited with originating the concept in a report delivered to the All Russia Conference on the Scientific Organisation of Labour and Production Processes, in January 1921. This approach was also developed by L. N. Kritsman and T. F. ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Paul Samuelson
Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory". "In a career that spanned seven decades, he transformed his field, influenced millions of students and turned MIT into an economics powerhouse" Economic historian Randall E. Parker has called him the "Father of Modern Economics", and ''The New York Times'' considers him to be the "foremost academic economist of the 20th century". Samuelson was likely the most influential economist of the latter half of the 20th century."Paul ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hyman Minsky
Hyman Philip Minsky (September 23, 1919 – October 24, 1996) was an American economist, a professor of economics at Washington University in St. Louis, and a distinguished scholar at the Levy Economics Institute of Bard College. His research attempted to provide an understanding and explanation of the characteristics of financial crises, which he attributed to swings in a potentially fragile financial system. Minsky is sometimes described as a post-Keynesian economist because, in the Keynesian tradition, he supported some government intervention in financial markets, opposed some of the financial deregulation of the 1980s, stressed the importance of the Federal Reserve as a lender of last resort and argued against the over-accumulation of private debt in the financial markets. Minsky's economic theories were largely ignored for decades, until the subprime mortgage crisis of 2008 caused a renewed interest in them. Education A native of Chicago, Illinois, Minsky was born into a fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Robert Solow
Robert Merton Solow, GCIH (; born August 23, 1924) is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Massachusetts Institute of Technology, where he has been a professor since 1949. He was awarded the John Bates Clark Medal in 1961, the Nobel Memorial Prize in Economic Sciences in 1987, and the Presidential Medal of Freedom in 2014. Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond and William Nordhaus later received Nobel Memorial Prizes in Economic Sciences in their own right. Biography Robert Solow was born in Brooklyn, New York, into a Jewish family on August 23, 1924, the oldest of three children. He regarded his parents as being very intelligent despite their not being able to attend college due to the necessity to work. He was well educated in the neighborhood public schools and excelled academically early ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Ladislaus Bortkiewicz
Ladislaus Josephovich Bortkiewicz (Russian Владислав Иосифович Борткевич, German ''Ladislaus von Bortkiewicz'' or ''Ladislaus von Bortkewitsch'') (7 August 1868 – 15 July 1931) was a Russian economist and statistician of Polish ancestry. He wrote a book showing how the Poisson distribution, a discrete probability distribution, can be useful in applied statistics, and he made contributions to mathematical economics. He lived most of his professional life in Germany, where he taught at Strassburg University (Privatdozent, 1895–1897) and Berlin University (1901–1931). Life and work Władysław Bortkiewicz was born in Saint Petersburg, Imperial Russia, to two ethnic Polish parents: Józef Bortkiewicz and Helena Bortkiewicz (née Rokicka). His father was a Polish nobleman who served in the Russian Imperial Army. Władysław graduated from the Law Faculty in 1890. In 1898 he published a book about the Poisson distribution, titled ''The Law of Small ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Thomas Schelling
Thomas Crombie Schelling (April 14, 1921 – December 13, 2016) was an American economist and professor of foreign policy, national security, nuclear strategy, and arms control at the School of Public Policy at University of Maryland, College Park. He was also co-faculty at the New England Complex Systems Institute. He was awarded the 2005 Nobel Memorial Prize in Economic Sciences (shared with Robert Aumann) for "having enhanced our understanding of conflict and cooperation through game-theory analysis." Biography Early years Schelling was born on April 14, 1921 in Oakland, California. Schelling graduated from San Diego High. He received his bachelor's degree in economics from the University of California, Berkeley in 1944. He received his PhD in economics from Harvard University in 1951. Career Schelling served with the Marshall Plan in Europe, the White House, and the Executive Office of the President from 1948 to 1953. He wrote most of his dissertation on national income ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Werner Sombart
Werner Sombart (; ; 19 January 1863 – 18 May 1941) was a German economist and sociologist, the head of the "Youngest Historical School" and one of the leading Continental European social scientists during the first quarter of the 20th century. The term late capitalism is accredited to him. The concept of creative destruction associated with capitalism is also of his coinage. His ''magnum opus'' was ''Der moderne Kapitalismus''. It was published in 3 volumes from 1902 through 1927. In ''Kapitalismus'' he described four stages in the development of capitalism from its earliest iteration as it evolved out of feudalism, which he called proto-capitalism to early, high and, finally, late capitalism —''Spätkapitalismus''— in the post World War I period. Life and work Early career, socialism and economics Werner Sombart was born in Ermsleben, Harz, the son of a wealthy liberal politician, industrialist, and estate-owner, Anton Ludwig Sombart. He studied law and economics at the ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Munich
Munich ( ; german: München ; bar, Minga ) is the capital and most populous city of the States of Germany, German state of Bavaria. With a population of 1,558,395 inhabitants as of 31 July 2020, it is the List of cities in Germany by population, third-largest city in Germany, after Berlin and Hamburg, and thus the largest which does not constitute its own state, as well as the List of cities in the European Union by population within city limits, 11th-largest city in the European Union. The Munich Metropolitan Region, city's metropolitan region is home to 6 million people. Straddling the banks of the River Isar (a tributary of the Danube) north of the Northern Limestone Alps, Bavarian Alps, Munich is the seat of the Bavarian Regierungsbezirk, administrative region of Upper Bavaria, while being the population density, most densely populated municipality in Germany (4,500 people per km2). Munich is the second-largest city in the Bavarian dialects, Bavarian dialect area, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Saint Petersburg State University
Saint Petersburg State University (SPBU; russian: Санкт-Петербургский государственный университет) is a public research university in Saint Petersburg, Russia. Founded in 1724 by a decree of Peter the Great, the university from the beginning has had a focus on fundamental research in science, engineering and humanities. During the Soviet period, it was known as Leningrad State University (russian: Ленинградский государственный университет). It was renamed after Andrei Zhdanov in 1948 and was officially called "Leningrad State University, named after A. A. Zhdanov and decorated with the Order of Lenin and the Order of the Red Banner of Labour." Zhdanov's was removed in 1989 and Leningrad in the name was officially replaced with Saint Petersburg in 1992. It is made up of 24 specialized faculties (departments) and institutes, the Academic Gymnasium, the Medical College, the College of Physical Culture ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
University Of Kiel
Kiel University, officially the Christian-Albrecht University of Kiel, (german: Christian-Albrechts-Universität zu Kiel, abbreviated CAU, known informally as Christiana Albertina) is a university in the city of Kiel, Germany. It was founded in 1665 as the ''Academia Holsatorum Chiloniensis'' by Christian Albert, Duke of Holstein-Gottorp and has approximately 27,000 students today. Kiel University is the largest, oldest, and most prestigious in the state of Schleswig-Holstein. Until 1864/66 it was not only the northernmost university in Germany but at the same time the 2nd largest university of Denmark. Faculty, alumni, and researchers of the Kiel University have won 12 Nobel Prizes. Kiel University has been a member of the German Universities Excellence Initiative since 2006. The Cluster of Excellence The Future Ocean, which was established in cooperation with the GEOMAR Helmholtz Centre for Ocean Research Kiel in 2006, is internationally recognized. The second Cluster of Excel ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hollis B
Hollis may refer to: *Hollis (singer) *Hollis (name) Places * Hollis, Alaska * Hollis, Kansas * Hollis, Maine * Hollis, Missouri * Hollis, New Hampshire * Hollis, Oklahoma * Hollis, Queens, neighborhood in New York **Hollis (LIRR station), its Long Island Railroad station See also * HOLLIS, acronym for Harvard Library's online catalog * Holi or Holli, Hindu festival, plural: "Hollis" {{disambiguation, geo ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Odessa
Odesa (also spelled Odessa) is the third most populous city and municipality in Ukraine and a major seaport and transport hub located in the south-west of the country, on the northwestern shore of the Black Sea. The city is also the administrative centre of the Odesa Raion and Odesa Oblast, as well as a multiethnic cultural centre. As of January 2021 Odesa's population was approximately In classical antiquity a large Greek settlement existed at its location. The first chronicle mention of the Slavic settlement-port of Kotsiubijiv, which was part of the Grand Duchy of Lithuania, dates back to 1415, when a ship was sent from here to Constantinople by sea. After a period of Lithuanian Grand Duchy control, the port and its surroundings became part of the domain of the Ottomans in 1529, under the name Hacibey, and remained there until the empire's defeat in the Russo-Turkish War of 1792. In 1794, the modern city of Odesa was founded by a decree of the Russian empress Catherine t ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
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