Word: milton
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Selection committee officials made plain that the Nobel deliberations took no notice of recent attacks on Reaganomics by Tobin, a longtime opponent of the monetarist school of Milton Friedman, who received the Nobel Prize in 1976. Rather, they said, the $181,818 prize was awarded for Tobin's career-long academic contributions to economic science. Chief among these is Tobin's belief that money (cash and bank deposits) should not be sharply distinguished by economists from other financial and physical assets. Instead, Tobin views money as only one part of "a continuous spectrum of assets" that...
...President." When he found out that he had been named the winner of this year's Nobel Prize, Tobin said that he was "surprised, excited and pleased." But his wife Betty took the news in stride. "I've been expecting this for years," said she, "ever since Milton Friedman won the prize...
...others: Paul Samuelson, Simon Kuznets, Kenneth Arrow, Wassily Leontief, Tjalling Koopmans, Milton Friedman, Herbert Simon, Theodore Schultz, Lawrence Klein...
...were reached at the more recent meeting, except one to extend the deadline for the commission's recommendations from Oct. 7 of this year to next March 31. Most of the four-hour session was devoted to discussion of a leaden report by Anna Schwartz, coauthor with Economist Milton Friedman of a classical study of U.S. monetary history, on the American experience with the gold standard going back...
Donations from more than 300 people raised more than $110,000 for the scholarship fund, and a recipient will be picked within a few weeks, Milton Gwintzwek '54, who helped organize the campaign said...