經濟學

Kenneth Arrow’s intellectual legacy

Kenneth Arrow, who has just passed away, was a giant in economics. His contributions started nearly 70 years ago, and he remained active until the end of his life. For example he debated Thomas Piketty’s views on inequality, advocating that we should pay more attention to inequalities in consumption than in income and wealth.

In 1972, he was awarded the Nobel memorial prize in economic theory at the age of 51, (still) the youngest ever recipient. The Nobel-winning game theorist Robert Aumann is quoted in the Washington Post’s obituary as saying that “in the second half of the 20th century [Arrow] absolutely had more of an impact than anyone else” on economic theory.

To see why this is not an exaggeration, consider that two seminal contributions Arrow made when he was barely 30 — one on his famously eponymous “impossibility theorem” for collective choice, the other on the conditions for “general equilibrium” in which all markets simultaneously match supply and demand — were not just remarkable insights on their own, but set agendas for economics research that remain unexhausted.

您已閱讀18%(1092字),剩餘82%(4966字)包含更多重要資訊,訂閱以繼續探索完整內容,並享受更多專屬服務。
版權聲明:本文版權歸FT中文網所有,未經允許任何單位或個人不得轉載,複製或以任何其他方式使用本文全部或部分,侵權必究。

中東期待沙烏地阿拉伯制衡川普

阿拉伯國家希望穆罕默德王儲和美國當選總統川普的密切關係能夠緩和川普政府的中東政策。

投資者押注防務支出增加,Palantir成爲「川普交易」贏家之一

彼得•蒂爾創立的數據公司的最大客戶是美國政府,自川普本月當選以來,其市值增加了230億美元。

Lex專欄:成長來之不易,雀巢前景平淡

要實現其成長目標,這家瑞士集團需要增加行銷投資。

Lex專欄:便宜商品是沃爾瑪股價上漲的基礎

沃爾瑪通過吸引高收入顧客和增加其他收入來源,出色地應對了經濟不景氣和通膨帶來的挑戰。

Lex專欄:奢侈品品牌寄希望於自己的美國夢

奢侈品在美國越來越具有吸引力,可能爲該行業提供新的成長跑道。

諾和諾德準備下一代減肥藥的試驗結果

這家丹麥公司預計,最新數據將顯示CagriSema可在一年多的時間內減輕25%的體重。
設置字型大小×
最小
較小
默認
較大
最大
分享×