Kenneth Joseph “Ken” Arrow (23 August 1921 – 21 February 2017) 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.

In economics, he was a major figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Memorial Prize themselves.

His most significant works are his contributions to social choice theory, notably “Arrow’s impossibility theorem”, and his work on general equilibrium analysis. He has also provided foundational work in many other areas of economics, including endogenous growth theory and the economics of information.

Link to Nobel Autobiography

Link to 1972 Nobel Prize Press Release

Link to History of Economic Thought Website

Tribute by Larry Summers

 

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