|
Robert Solow
Robert Merton Solow, GCIH (; August 23, 1924 – December 21, 2023) was an American economist who received the 1987 Nobel Memorial Prize in Economic Sciences, and whose work on the theory of economic growth culminated in the exogenous growth model named after him. He was Institute Professor Emeritus of Economics at the Massachusetts Institute of Technology, where he was a professor from 1949 on. 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 attended local public school and excelled academically early in life. In September 1940, Solow went to Harvard College with ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Neo-Keynesian Economics
The neoclassical synthesis (NCS), or neoclassical–Keynesian synthesisMankiw, N. Gregory. "The Macroeconomist as Scientist and Engineer". ''The Journal of Economic Perspectives''. Vol. 20, No. 4 (Fall, 2006), p. 35. is an 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) with neoclassical economics. The neoclassical synthesis is a macroeconomic theory that emerged in the mid-20th century, combining the ideas of neoclassical economics with Keynesian economics. The synthesis was an attempt to reconcile the apparent differences between the two schools of thought and create a more comprehensive theory of macroeconomics. 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 ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Ronald Findlay
Ronald Edsel Findlay (April 12, 1935 – October 8, 2021) was an American economist and trade theorist. He served as the Ragnar Nurkse Professor of Economics at Columbia University. He was born in 1935 in Rangoon, then in British Burma. He and his family fled on foot from Burma to India during World War II. He received a BA from Rangoon University in 1954, and a PhD from MIT in 1960, where his doctoral dissertation was supervised by Robert Solow. He began his career as an economist at Rangoon University, first as a tutor (1954–57), then as a lecturer (1960–66), and finally as a research professor (1966–68). He joined Columbia in 1969, initially as a visiting professor, before being appointed a professor in 1970. His research focused on international trade and economic development, and he took what has been described as a perspective centred around political economy. He helped theorise the North-South model of international trade. He became a U.S. citizen in 1976. Fi ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Steven Shavell
Steven Shavell is an economist who is currently Samuel R. Rosenthal Professor of Law and Economics at Harvard Law School. Shavell is the founder and director of the School's John M. Olin Center for Law, Economics, and Business. Biography Steven Shavell graduated from the University of Michigan in 1968. He obtained a Ph.D. in economics from MIT in 1973. Shavell is working on the economic analysis of law, including topics such as contracts, torts, property, criminal law, and legal process. He was a Guggenheim Fellow Guggenheim Fellowships are grants that have been awarded annually since by the John Simon Guggenheim Memorial Foundation, endowed by the late Simon and Olga Hirsh Guggenheim. These awards are bestowed upon individuals who have demonstrated d .... Selected publications * Shavell, S., 1979Risk sharing and incentives in the principal and agent relationship ''Bell Journal of Economics'', ''10''(1), pp. 55–73. * Shavell, S., 1980. Strict liability versus ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
Arjun Kumar Sengupta
Arjun Kumar Sengupta (10 June 1937 – 26 September 2010) was an Indian economist. He served as a Member of the Parliament of India, representing West Bengal in the Rajya Sabha from 2006 until his death.Profile on Rajya Sabha website . In addition to being a Parliamentarian, he was one of India's most noted economists, and led a multifaceted career as an academic and economic policy administrator. Life and career Arjun Sengupta was born in in 1937. After finishing his schooling at the Mitra Institution in the Bhawanipur neighbourhood of Kolkata, he graduated from the Presidency College, then affiliated with the |
Robert Pindyck
Robert Stephen Pindyck ( ; born January 5, 1945) is an American economist, Bank of Tokyo-Mitsubishi Professor of Economics and Finance in the Sloan School of Management at the Massachusetts Institute of Technology. He is also a research associate with the National Bureau of Economic Research and a Fellow of the Econometric Society. He has also been a visiting professor at Tel-Aviv University, Harvard University, and Columbia University. Pindyck's teaching and research focuses on market structure, financial economics, environmental, resource, and energy economics, the role of uncertainty on investment decisions and policy formulation, and economic policy generally. Education Pindyck grew up in Mamaroneck, New York, and in 1962 graduated from Mamaroneck High School. He then went to M.I.T. where he did his undergraduate work, majoring in physics and electrical engineering, and received his bachelor's degree in 1966. He went on to do his graduate work at M.I.T., where he complet ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
George Perry (American Economist)
George L. Perry is an American economist, currently a Senior Fellow emeritus at the Brookings Institution. 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 served on the staff of the Council of Economic Advisors und ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
William Nordhaus
William Dawbney Nordhaus (born May 31, 1941) is an American economist. He was a Sterling Professor of Economics at Yale University, best known for his work in economic modeling and climate change, and a co-recipient 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 1972, respectively, where he was a member of Skull and Bones. He also holds a Certificate from the Institut d'Etudes Politiques (1962) ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 first published by the American Economic Association in 1911. The current editor-in-chief ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 at Brown University, where he has taught since 2005 also as a professor of economics. 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. 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 on September 3, 1948, 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 S ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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 Fa ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
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] [Amazon] |
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 Univer ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] [Amazon] |
