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May 16, 2022 · James Tobin was a Neo-Keynesian economist who received the 1981 Nobel Prize in economics for his research on the financial system and its impact on inflation and employment. He is known for...
James Tobin, a Nobel laureate in economics, believed deeply in the power of ideas. Over the course of an esteemed career, he served as Sterling Professor at Yale University, a member of President Kennedy’s Council of Economic Advisers, and an academic consultant to the Board of Governors of the Federal Reserve.
Margaret Edgerton Tobin, now in her ninetieth year, was a social worker who, after a sixteen-year interruption for marriage and family, resumed her career in the relief emergency of 1932 and directed the family service agency of Champaign-Urbana, Illinois, for the next quarter century.
James Tobin was an American economist who was awarded the Nobel Prize for his work and analysis of financial markets and how they relate to production, prices, expenditure decisions and budgeting, and employment.
Mar 11, 2002 · James Tobin. The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1981. Born: 5 March 1918, Champaign, IL, USA. Died: 11 March 2002, New Haven, CT, USA. Affiliation at the time of the award: Yale University, New Haven, CT, USA.
That work dates back to the original Tobin Project group on regulation, created in late 2005. Duke University historian Edward Balleisen, who chaired the group at the time, recalls that “prevailing theories on government and business relations (especially regulation) were premised on government failure.
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Jim Tobin, who died on March 11, 2002 at the age of 84, was one of giants of economics of the second half of the twentieth century and the greatest macroeconomist of his generation.
