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]   |
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Neo-Keynesian Economics
The neoclassical synthesis (NCS), neoclassical–Keynesian synthesis, or just neo-Keynesianism was a neoclassical economics academic movement and paradigm in economics that worked towards reconciling the macroeconomic thought of John Maynard Keynes in his book ''The General Theory of Employment, Interest and Money'' (1936). It was formulated most notably by John Hicks (1937), Franco Modigliani (1944), and Paul Samuelson (1948), who dominated economics in the post-war period and formed the mainstream of macroeconomic thought in the 1950s, 60s, and 70s. A series of developments occurred that shook the neoclassical synthesis in the 1970s as the advent of stagflation and the work of Monetarism, monetarists like Milton Friedman cast doubt on neo-Keynesian conceptions of monetary theory. The conditions of the period proved the impossibility of maintaining sustainable growth and low level of inflation via the measures suggested by the school. The result would be a series of new ideas t ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Avinash Dixit
Avinash Kamalakar Dixit (born 6 August 1944) is an Indian-American economist. He is the John J. F. Sherrerd '52 University Professor of Economics Emeritus at Princeton University, and has been Distinguished Adjunct Professor of Economics at Lingnan University (Hong Kong), senior research fellow at Nuffield College, Oxford and Sanjaya Lall Senior Visiting Research Fellow at Green Templeton College, Oxford. Education Dixit received a B.Sc. from University of Mumbai ( St. Xavier's College) in 1963 in Mathematics and Physics, a B.A. from Cambridge University in 1965 in Mathematics ( Corpus Christi College, First Class), and a Ph.D. in 1968 from the Massachusetts Institute of Technology in Economics. Career Dixit is the John J. F. Sherrerd '52 University Professor of Economics at Princeton University since July 1989, and Emeritus since 2010. He was also Distinguished Adjunct Professor of Economics at Lingnan University (Hong Kong), senior research fellow at Nuffield College, O ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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George Perry (American Economist)
George L. Perry is an American economist, currently a Senior Fellow emeritus at the Brookings Institution.http://www.brookings.edu/~/media/experts/p/perryg/perryg_cv.pdf In 1970, he and Arthur Okun founded the Brookings Panel and its journal, the Brookings Papers on Economic Activity (BPEA). They conceived the Panel as a way to apply rigorous economic research to current economic puzzles, problems and policy issues. After Okun's death in 1980, William Brainard replaced him and Brainard and Perry ran the Panel and edited BPEA until 2007. In his own research, Perry specializes in labor markets, inflation, fiscal and monetary policy, financial markets, and economic forecasting. Life and career George Perry was born in New York in 1934, and grew up in Los Angeles. He enrolled at The Massachusetts Institute of Technology in 1950, and upon graduation served in the U.S. Air Force (1954-1957). After his service, George returned to MIT and received his Ph.D in economics in 1961. Perry ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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William Nordhaus
William Dawbney Nordhaus (born May 31, 1941) is an American economist, a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and one of the 2 recipients of the 2018 Nobel Memorial Prize in Economic Sciences. Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis". Education and career Nordhaus was born in Albuquerque, New Mexico, the son of Virginia (Riggs) and Robert J. Nordhaus, who co-founded the Sandia Peak Tramway. Robert J. Nordhaus was from a German Jewish family – his father Max Nordhaus (1865–1936) had immigrated from Paderborn in 1883, and became a manager of The Charles Ilfeld Company branch in Albuquerque. Nordhaus graduated from Phillips Academy in Andover and subsequently received his BA and MA from Yale in 1963 and 1973, respectively, where he was a member of Skull and Bones. He also holds a Certificate from the Institut d'Etudes Politiques (1962) an ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Herbert Mohring
Herbert Mohring (1928 – June 4, 2012) was a transportation economist who taught at the University of Minnesota from 1961–1994. He received his Ph.D. from Massachusetts Institute of Technology in 1959, with a thesis on the life insurance industry supervised by Robert Solow. He is widely known for his identification of what was dubbed the Mohring effect of increasing returns in public transportation (see: Mohring (1972) for details). Mohring and Harwitz (1962) also showed that the revenues from the first-best congestion tax exactly cover the capacity costs (which include depreciation and capital costs, but not investment costs) of highways when highways possess constant returns to scale. Selected works * Mohring, Herbert, Optimization and Scale Economies in Urban Bus Transportation, ''American Economic Review The ''American Economic Review'' is a monthly peer-reviewed academic journal published by the American Economic Association. First published in 1911, it is considered ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Glenn Loury
Glenn Cartman Loury (born September 3, 1948) is an American economist, academic, and author. He is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University, where he has taught since 2005. At the age of 33, Loury became the first African American professor of economics at Harvard University to gain tenure. Loury achieved prominence during the Reagan Era as a leading black conservative intellectual. In the mid 1990s, following a period of seclusion, he adopted more progressive views. Today, Loury has somewhat re-aligned with views of the American right, with ''The New York Times'' describing his political orientation in 2020 as "conservative-leaning." Early life and education Loury was born in the South Side of Chicago, Illinois, growing up in a redlined neighborhood. Before going to college he fathered two children, and supported them with a job in a printing plant. When he wasn't working he took classes at Southeast Junior Colleg ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Arnold Kling
Arnold Kling (born 1954) is an American economist, scholar, and blogger known for his writings on EconLog, an economics blog, along with Bryan Caplan and David R. Henderson. Kling also has his own blog, askblog, which carries the motto: "taking the most charitable views of those who disagree." The "ask" in askblog stands for "Arnold S. Kling." He is an Adjunct Scholar for the Cato Institute and is affiliated with the Mercatus Center. Kling graduated from Swarthmore College in 1975 and received a Ph.D. in economics from Massachusetts Institute of Technology. He worked as an economist in the Federal Reserve System from 1980 to 1986. He served as a senior economist at Federal Home Loan Mortgage Corporation (Freddie Mac) from 1986 to 1994. He started, developed, and sold homefair.com between 1994 and 1999. He teaches statistics and economics at the Berman Hebrew Academy in Rockville, Maryland. In 2004 and 2005, he taught "Economics for the Citizen" at George Mason University in Fair ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Ronald W
Ronald is a masculine given name derived from the Old Norse ''Rögnvaldr'', Hanks; Hardcastle; Hodges (2006) p. 234; Hanks; Hodges (2003) § Ronald. or possibly from Old English '' Regenweald''. In some cases ''Ronald'' is an Anglicised form of the Gaelic ''Raghnall'', a name likewise derived from ''Rögnvaldr''. The latter name is composed of the Old Norse elements ''regin'' ("advice", "decision") and ''valdr'' ("ruler"). ''Ronald'' was originally used in England and Scotland, where Scandinavian influences were once substantial, although now the name is common throughout the English-speaking world. A short form of ''Ronald'' is ''Ron''. Pet forms of ''Ronald'' include ''Roni'' and ''Ronnie''. ''Ronalda'' and ''Rhonda'' are feminine forms of ''Ronald''. '' Rhona'', a modern name apparently only dating back to the late nineteenth century, may have originated as a feminine form of ''Ronald''. Hanks; Hardcastle; Hodges (2006) pp. 230, 408; Hanks; Hodges (2003) § Rhona. The names ' ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Katsuhito Iwai
is a Japanese economist and critic. He has studied the theory of money, macro dynamics, evolutionary economics, philosophy of corporations, fiduciary law, and the history of sociology. His work includes the book, '' Disequilibrium Dynamics'' (Yale University Press, 1981), and many articles published in academic journals. He has also written books and articles in newspapers and magazines for the general public on a wide variety of subjects ranging from global capitalism, post-modernity, civil society, money and language to literature and movies. His keen observations and analysis of the works of Shakespeare, Marx, J. S. G. Boggs, and Ihara Saikaku have established him as one of the foremost essayists in Japan. Biography Education Katsuhito Iwai entered the University of Tokyo, Japan in 1965. After graduating in 1969, he went on to study economics at MIT in Cambridge, Massachusetts where he received his Ph.D. in 1972. Career He was an assistant research economist at the Univers ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Michael Intriligator
Michael D. Intriligator (February 5, 1938 – June 23, 2014) was an American economist at the University of California, Los Angeles, where he was Professor of Economics, Political Science, and Policy Studies, and Co-Director of the Jacob Marschak Interdisciplinary Colloquium on Mathematics in the Behavioral Sciences. In addition, he was a Senior Fellow at the Milken Institute in Santa Monica, a Senior Fellow of the Gorbachev Foundation of North America in Boston, a Foreign Member of the Russian Academy of Science, and a Fellow of the American Association for the Advancement of Science. He received his Ph.D. in Economics at MIT in 1963 and the same year joined the UCLA Department of Economics. He taught courses in economic theory, econometrics, mathematical economics, international relations, and health economics, and received several distinguished teaching awards. His research interests were mathematical economic theory; applications of quantitative economics to strategy and arms ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robert Hall (economist)
Robert Ernest "Bob" Hall (born August 13, 1943) is an American economist and a Robert and Carole McNeil Senior Fellow at Stanford University's Hoover Institution. He is generally considered a macroeconomist, but he describes himself as an "applied economist". Hall received a BA in economics at the University of California, Berkeley, and a PhD in economics from MIT for a thesis titled ''Essays on the Theory of Wealth'' under the supervision of Robert Solow. Hall is a member of the Hoover Institution, the National Academy of Sciences, a fellow at both American Academy of Arts and Sciences and the Econometric Society, and a member of the NBER. He is the chairman of the Business Cycle Dating Committee, the body responsible for setting the start and end dates of U.S. economic recessions. Hall served as president of the American Economic Association in 2010, and is a long-time member of the Brookings Panel on Economic Activity. Ideas Hall has a broad range of interests, includi ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |
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Robert J
The name Robert is an ancient Germanic given name, from Proto-Germanic "fame" and "bright" (''Hrōþiberhtaz''). Compare Old Dutch ''Robrecht'' and Old High German ''Hrodebert'' (a compound of '' Hruod'' ( non, Hróðr) "fame, glory, honour, praise, renown" and ''berht'' "bright, light, shining"). It is the second most frequently used given name of ancient Germanic origin. It is also in use as a surname. Another commonly used form of the name is Rupert. After becoming widely used in Continental Europe it entered England in its Old French form ''Robert'', where an Old English cognate form (''Hrēodbēorht'', ''Hrodberht'', ''Hrēodbēorð'', ''Hrœdbœrð'', ''Hrœdberð'', ''Hrōðberχtŕ'') had existed before the Norman Conquest. The feminine version is Roberta. The Italian, Portuguese, and Spanish form is Roberto. Robert is also a common name in many Germanic languages, including English, German, Dutch, Norwegian, Swedish, Scots, Danish, and Icelandic. It can be use ... [...More Info...]       [...Related Items...]     OR:     [Wikipedia]   [Google]   [Baidu]   |