Frontiers of Economics: Nobel Laureates of the Twentieth Century / Edition 1

Frontiers of Economics: Nobel Laureates of the Twentieth Century / Edition 1

by Abu N. Wahid
     
 

ISBN-10: 031332073X

ISBN-13: 9780313320736

Pub. Date: 06/30/2002

Publisher: ABC-CLIO, Incorporated

Economics Nobel laureates are the pioneers of the science of economics. They are the most brilliant products of the discipline and have made enormous original contributions to the field of economics, and oftentimes history, political science, business, and other subjects. Their works, struggles, successes and failures are fascinating, and readers are given a

Overview

Economics Nobel laureates are the pioneers of the science of economics. They are the most brilliant products of the discipline and have made enormous original contributions to the field of economics, and oftentimes history, political science, business, and other subjects. Their works, struggles, successes and failures are fascinating, and readers are given a glimpse into each laureate's life, where and when they were born and raised, what schools they attended, and who influenced their intellectual development. Most importantly, each laureate's often complex corpus of work is described as succinctly as possible without losing the work's original flavor: what it contributed to the field, and how it was received by peers, and how it affected the world. A list of selected further readings concludes each entry, directing the reader to the primary and secondary works essential to understanding the works of these towering figures.

Arranged chronologically by year of award, all 44 entries cogently explain the laureate's life's work in language even non-economists can follow. Economists interested in the intellectual history of their discipline, and professors and students of business will find Wahid's book a very useful resource when seeking out the basic outlines of the thoughts of the scholars who have shaped the fields of economic inquiry, practice, and research. Also, any student in the social sciences thumbing through this book will instantly recognize many currents of thought that have influenced the way scholars in their discipline approach their craft.

Product Details

ISBN-13:
9780313320736
Publisher:
ABC-CLIO, Incorporated
Publication date:
06/30/2002
Pages:
456
Product dimensions:
6.14(w) x 9.21(h) x 1.00(d)

Table of Contents

Preface

The Economics Nobel Prize at a Glance

The Nobel Prize in Economics: A General Overview by Baker A. Siddiquee

Ragnar Frisch (1895-1973): A Founding Father of Econometrics and a Laureate of 1969 by Abu N.M. Wahid

Jan Tinbergen (1903-1994): Who Integrated Physics, Mathematics, Statistics, and Econometrics and Was a Laureate of 1969 by Mahabub-ul Islam

Paul Samuelson (1915- ): An Economist of Economists and the Laureate of 1970 by Derek P.J. Hum

Simon Kuznets (1901-1985): An Originator of the National Income Accounting Method and the Laureate of 1971 by Mahabub-ul Islam

Kenneth Arrow (1921- ): The Father of the Arrow's Impossibility Theorem and a Laureate of 1972 by Shamim Shakur

John Hicks (1904-1989): An Architect of the Famous IS-LM Framework and a Laureate of 1972 by Shamim Shakur

Wassily Leontief (1906- ): The Founder of the Input-Output Analysis and the Laureate of 1973 by Lorenzo Garbo

Friedrich Hayek (1899-1992): Who Combines Psychology, Physiology, Philosophy, and Economics and Was a Laureate of 1974 by Mosaddeq Chowdhury

Gunnar Myrdal (1898-1987): An Economist, a Social Thinker, a Politician, and a Laureate of 1974 by S. Hussain Ali Jafri

Leonid Kantorovich (1912-1986): A Pioneer of the Theory of Optimum Resource Allocation and a Laureate of 1975 by Khashruzzaman Choudhury

Tjalling Koopmans (1910-1985): The Originator of The Activity Analysis and a Laureate of 1975 by Abul Hasnat Dewan

Milton Freidman (1912- ): The Leader of the Monetarist School of Thought and the Laureate of 1976 by Muhammad Mustafa

James Meade (1907-1995): A Pioneer of the Theory of the Second Best and a Laureateof 1977 by Khashruzzaman Choudhury

Bertil Ohlin (1899-1979): A Co-founder of the Famous Heckscher-Ohlin Theorem of Factor Endowment and a Laureate of 1977 by Khashruzzaman Choudhury

Herbert Simon (1916- ): One of the Most Versatile Talents and the Laureate of 1978 by Sajjad Zahir

Arthur Lewis (1915-1991): The Founder of the Theory of Unlimited Supply of Labor and a Laureate of 1979 by Mohammed Sharif

Theodore Schultz (1902-1998): An Expert on Agricultural Economics and Human Capital Theories and a Laureate of 1979 by Baker A. Siddequee and Faridul Islam

Lawrence Klein (1920- ): A Giant of Econometric Modeling and the Laureate of 1980 by Akhter Faroque

James Tobin (1918- ): An Architect of the Portfolio Selection Theory and the Laureate of 1981 by Abdur R. Chowdhury

George Stigler (1911-1991): An Authority on the Economics of Regulations and Industrial Organization and the Laureate of 1982 by Mahbub Ullah

Gerard Debreu (1921- ): A Brilliant Mathematician and a Frontiersman of the Theory of the Existence of Equilibrium and the Laureate of 1983 by Masudul A. Choudhury

Richard Stone (1913-1991): A Specialist of the Consumer Demand Theories and Empirical Modeling and the Laureate of 1984 by Salah Uddin Ahmed

Franco Modigliani (1918- ): A Founder of the Life Cycle Hypothesis and the Laureate of 1985 by Moazzem Hossain

James Buchanan (1919- ): A Pioneer of Public Economics and the Laureate of 1986 by Minh Dao

Robert Solow (1924- ): A Founder of the Modern Growth Theories and the Laureate of 1987 by M. Mak Arvin and Marisa A. Scigliano

Maurice Allais (1911- ): An Applied Microtheorist and the Laureate of 1988 by Bruce Cater and A. Eric Kam

Trygve Haavelmo (1911- 1999): A Founder of the Simultaneous Equations System and the Laureate of 1989 by Abu N.M. Wahid

Harru Markowitz (1927- ): A Founding Father of the Modern Portfolio Theory and a Laureate of 1990 by John M. Hasty

Merton Miller (1923-2000): A Guru of Corporate Finance and a Laureate of 1990 by Syed Mahabub Harun and M. Kabir Hassan

William Sharpe (1934- ): A Founder of the Capital Asset Pricing Model (CAPM) and a Laureate of 1990 by Linda Carr

Ronald Coase (1910- ): A Pioneer of the Economics of Property Rights and the Economics Law and the Laureate of 1991 by Saud A. Choudhry

Gary Becker (1930- ): A Champion of the Economics of Household, Marriage, and Divorce and the Laureate of 1992 by Mobinul Huq

Robert Fogel (1926- ): An Originator of "Cliometrics" and a Laureate of 1993 by Kenneth Sokoloff

Douglass North (1920- ): A Forerunner of the Economics of Institutions, Contingencies, and Beliefs and a Laureate of 1993 by Norman Schofield

John Harsanyi (1920-2000): A Master of Rational Behavior and Bargaining in Games and a Laureate of 1994 by Irwin Lipnowski

John Nash (1928- ): A Discoverer of the Nash Equilibrium and a Laureate of 1994 by Halima Qureshi and Hasina Mohyuddin

Reinnard Selten (1930- ): Who Refines the Concept of Equilibrium and Is a Laureate of 1994 by Irwin Lipnowski

Robert Lucas Jr. (1937- ): A Pioneer of the New Classical School of Thought and the Laureate of 1995 by Faridul Islam

James Mirrlees (1936- ): An Authority of Information Economics and a Laureate of 1996 by A.K. Enamul Haque and Hollis Price

William Vickrey (1914-1996): An Expert on Moral Hazard and Adverse Selection and a Laureate of 1996 by M. Muin Uddin

Robert Merton (1914- ): A Solver of Option Pricing Model and a Laureate of 1997 by Ihsan Isik and M. Kabir Hassan

Myron Scholes (1941- ): An Applied Financial Economist and a Laureate of 1997 by Ihsan Isik and M. Kabir Hassan

Amartya Sen (1933- ): A Champion of Welfare Economics and Poverty Studies and the Laureate of 1998 by Faridul Islam, Ian K. Wilson, and Norman D. Gardner

Robert Mundell (1932- ): An Advocate for Single Currency to Unify Europe and the Laureate of 1999 by James Dean

Index

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