American Experience
A Brilliant Madness: American Nobel Economists
Kenneth Arrow
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  1972  
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Arrow shared the Nobel award in 1972 with British scholar John R. Hicks for pioneering work in the field of equilibrium theory, dealing with balances among economic forces. His academic career was interrupted by World War II; he served as a weather officer in the U.S. Army Air Corps, researching winds for flight planning.


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