I was born August 5, 1906, and spent my childhood and youth in St. Petersburg (now Leningrad) where my father was a professor of economics. Among my early indelible memories are: the country plunged into deep mourning the day of Leo Tolstoy’s death; stray bullets whistling by during the first days of the February Revolution;…

25 October 1972 has decided to award the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel, 1972 , to John R Hicks, Oxford University, U K and Kenneth Arrow, Harvard University, USA for their pioneering contributions to general economic equilibrium theory and welfare theory. The progress of the economic sciences has…

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Presentation Speech by Professor Ragnar Bentzel of the Translation from the Swedish text Your Royal Highnesses, Ladies and Gentlemen, In a couple of years, we shall be able to celebrate the centenary of a remarkable event in the history of economic science. In 1874, the French economist Leon Walras made an extremely important contribution to…

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I was born in 1904 at Warwick, England, where my father was a journalist on a local newspaper. I was educated at Clifton College (1917-22) and at Balliol College, Oxford (1922-26), an expensive education financed by mathematical scholarships. Thus, during my school days, and in my first year at Oxford, I was a mathematical specialist;…

Presentation Speech by Professor of the Translation Your Majesty, Your Royal Highnesses, Ladies and Gentlemen. One of the tasks of economic science is to inquire into what is really happening in a world where only certain things can be directly observed. Let us consider the economic development during the last few centuries. To undertake a…

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I was born in Russia in 1901, of Jewish parents, and came to the United States in 1922 to join my father who left Russia for the United States before World War I. My university studies began in Russia, and were completed at Columbia University (B.Sc. in 1923, M.A. in 1924, Ph.D. in 1926). It…

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