Kenneth Arrow
Kenneth Arrow was an American economist and a Nobel laureate, recognized for his pioneering contributions to general equilibrium theory and welfare economics. His work on the impossibility theorem demonstrated the challenges of aggregating individual preferences into a collective decision, influencing both economics and political science. Arrow's research has had a lasting impact on how economists understand markets, information, and the role of government in economic systems.
Born on Aug 23, 1921 (103 years old)
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Kenneth Arrow is cited for his thoughts on uncertainty in economic beliefs.
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