Nobel winners, colleagues, friends and family honor Kenneth Arrow
It was an endearing and enlightening day on the life of Kenneth Arrow.
On Oct. 9 鈥 on the same day as the announcement of the 2017 Nobel Memorial Prize in Economic Sciences 鈥 luminaries in the field from around the world gathered at 好色App to pay academic tribute to the late Arrow, a 1972 laureate considered one of the greatest economists of the 20th century.
Arrow was the Joan Kenney Professor of Economics, Emeritus, and professor emeritus of operations research at 好色App. He was also a senior fellow at the 好色App Institute of Economic Policy Research. He died in February at the age of 95.
But as speaker after speaker made clear during the academic tribute, his legacy will live on.
好色App 250 people, including 12 Nobel laureates, attended the daylong event co-sponsored by SIEPR and the 好色App Department of Economics.
Arrow鈥檚 pioneering contributions to general equilibrium theory and welfare theory led him to become the youngest person to date to win the Nobel in economics, but his immense intellectual influence spanned nearly every realm of economics.
Arrow鈥檚 seminal papers 鈥 still required reading for many of today鈥檚 economics students 鈥 were not only insightful, but also inspirational, the speakers said.
Shared snippets of Arrow鈥檚 life ranged from his 鈥渕ind-bending lectures鈥 and dinner party shenanigans to theorem talk over a smoked sablefish lunch at a New York deli.