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Frontiers of Economics Nobel Laureates of the Twentieth Century
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Abu N.M. Wahid, ed.
ISBN: 0-313-32073-X
ISBN-13: 978-0-313-32073-6
456 pages
Greenwood Press
Publication: 6/30/2002
List Price: $117.95 (UK Sterling Price: £81.95)
Availability: Print on demand
Media Type: Hardcover
Also Available: Ebook
Trim Size: 6 1/8 x 9 1/4
Subjects:
Description: 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.
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 Laureate of 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 L
About the Author: ABU N.M. WAHID is Professor of Economics and Finance at Tennessee State University's College of Business, Nashville. Professor Wahid co-edited, with Charles E. Weis, The Economy of Bangladesh: Problems and Prospects (Praeger, 1996).
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