Kenneth Arrow

Kenneth Joseph "Ken" Arrow (born August 23, 1921) is an American economist, joint winner of the Nobel Prize in Economics with John Hicks in 1972, and the youngest person ever to receive this award, at 51. He is considered one of the founders of modern (post World War II) neo-classical economics. His most significant works are his contributions to social choice theory, notably "Arrow's impossibility theorem", and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information. He graduated from Townsend Harris High School and then earned a Bachelor's degree from the City College of New York in 1940. At Columbia University, he received a Master's degree in 1941. From 1946 to 1949 he spent his time partly as a graduate student at Columbia and partly as a research associate at the Cowles Commission for Research in Economics at the University of Chicago. During that time... full article at wikipedia