Kenneth Arrow Quotes


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This is a statement that in the early 21st century would be made only by ultra liberals. But in the in the late 1940’s this was not only standard democratic party thinking, but a large number of Republicans thought of the Government as the employer of last resort including their Presidential standard bearer.


Kenneth Arrow
Kenneth Arrow
  • Born: August 23, 1921
  • Died: February 21, 2017
  • Nationality: American
  • Profession: Economist

Kenneth Joseph Arrow was an American economist, mathematician, writer, and political theorist. He was the joint winner of the Nobel Memorial Prize in Economic Sciences with John Hicks in 1972.