Economic Sciences

Banquet speech

James Tobin’s speech at the Nobel Banquet, December 10, 1981 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, I thank you for my honor, and for your friendship and hospitality to me and my family. This day, this week, will live in our memory. I am gratified that scholars I greatly respect read my work…

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Banquet speech

Lawrence R. Klein’s speech at the Nobel Banquet, December 10, 1980 Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, The apparent wish of Alfred Nobel that the prize sums awarded under the terms of his will should enable the winners to pursue creative work without concern for personal economic affairs has been set back by…

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Nobel Lecture

Lecture to the memory of Alfred Nobel, March 17, 1975   The Equality Issue in World Development My first impulse, when brooding over what topic I should choose for this lecture, was that I should turn toward some specific problem, selected from the field where I am at present working. But then I felt that…

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Banquet speech

Theodore W. Schultz’ speech at the Nobel Banquet, December 10, 1979 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, Your Royal Academy of Sciences expressed a deep concern about the economic problems and the welfare of poor people throughout the world in awarding the Nobel Prize in Economics this year. It is a noble concern…

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Banquet speech

Sir Arthur Lewis’ speech at the Nobel Banquet, December 10, 1979 Your Majesties, Your Royal Highnesses, Ladies and Gentlemen, The privilege of accepting the greetings of the students has been accorded to me, and I seize it gladly. On behalf of this year’s laureates I say – Welcome fellow students, the path is hard, and…

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Curriculum Vitae

Born: April 30, 1902, South Dakota, USA Education: South Dakota College, University of Wisconsin Civil Status: Married to Esther Florence Werth, three children Address: 5620 South Kimbark Avenue, Chicago, IL 60637, USA   Honors 1960 President, American Economic Association 1972 Francis A. Walker Medal, American Economic Association 1976 Leonard Elmhirst Medal, International Agricultural Economic Association…

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Nobel Lecture

Lecture to the memory of Alfred Nobel, December 8, 1979 The Economics of Being Poor Most of the people in the world are poor, so if we knew the economics of being poor, we would know much of the economics that really matters. Most of the world’s poor people earn their living from agriculture, so…

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Nobel Lecture

Lecture to the memory of Alfred Nobel, December 8, 1979 The Slowing Down of the Engine of Growth Let me begin by stating my problem. For the past hundred years the rate of growth of output in the developing world has depended on the rate of growth of output in the developed world. When the…

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