SACRED LEGACY ARCHIVES™

Kenneth Arrow

1921-08-23 – 2017-02-21

Kenneth Arrow, Nobel Prize in economicsCredit: Linda A. Cicero / Stanford News Service

Life & Legacy

Kenneth Joseph Arrow (August 23, 1921 – February 21, 2017) was an American economist, mathematician and political theorist. He received the John Bates Clark Medal in 1957, and the Nobel Memorial Prize in Economic Sciences in 1972, along with John Hicks.
In economics, Arrow was a major figure in postwar neoclassical economic theory. Four of his students (Roger Myerson, Eric Maskin, John Harsanyi, and Michael Spence) went on to become Nobel laureates themselves. His contributions to social choice theory, notably his "impossibility theorem", and his work on general equilibrium analysis are significant. His work in many other areas of economics, including endogenous growth theory and the economics of information, was also foundational.

Occupation & Career

economist, statistician, teacher, political scientist, writer, university teacher

Education

City College of New York; Townsend Harris High School; Columbia University; City University of New York

Accomplishments, Inventions & Publications

Guggenheim Fellowship; honorary doctor of the University of Vienna; Distinguished Fellow of the American Economic Association; Fellow of the American Academy of Arts and Sciences; Fellow of the Econometric Society; Fellow of the Institute of Mathematical Statistics; John Bates Clark Medal; Fellow of the American Statistical Association; Prize in Economic Sciences in Memory of Alfred Nobel; honorary doctor of Paris Descartes University; John von Neumann Prize; honorary doctor of the Paul Cézanne University; John von Neumann Theory Prize; Kampé de Fériet Award; National Medal of Science; Foreign Member of the Royal Society; John von Neumann Award; Benjamin E. Lippincott Award

Legacy Highlights

Honors & Awards

Benjamin E. Lippincott Award · Distinguished Fellow of the American Economic Association · Fellow of the American Academy of Arts and Sciences · Fellow of the American Statistical Association · Fellow of the Econometric Society · Fellow of the Institute of Mathematical Statistics · Foreign Member of the Royal Society · Guggenheim Fellowship · honorary doctor of Paris Descartes University · honorary doctor of the Paul Cézanne University · honorary doctor of the University of Vienna · John Bates Clark Medal · John von Neumann Award · John von Neumann Prize · John von Neumann Theory Prize · Kampé de Fériet Award · National Medal of Science · Prize in Economic Sciences in Memory of Alfred Nobel

Employer

Harvard University · Santa Fe Institute · University of Chicago

Organizations & Memberships

American Academy of Arts and Sciences · American Association for the Advancement of Science · American Philosophical Society · Econometric Society · Institute of Mathematical Statistics · National Academy of Sciences · Pontifical Academy of Social Sciences · Royal Society of London