US economist, educated at City College, New York, and Columbia University; professor at Stanford University from 1953 to 1968, and from 1979, with an interlude at Harvard from 1968 to 1979. His study of social choice led him to formulate the...

1921- American economist and 1972 Nobel Prize recipient with John Hicks for his groundbreaking work in general equilibrium theory that examines the relationship between the processes of production, distribution, and consumption in the economy. Using...

Kenneth Joseph "Ken" Arrow (born August 23, 1921) is an American economist, joint winner of the Nobel Prize in Economics with John Hicks in 1972, and the youngest person ever to receive this award, at 51. He is considered one of the founders of modern...

NOBEL PRIZEWINNER On August 16, 2005, AAUP general secretary Roger Bowen visited Stanford University to interview economist Kenneth Arrow. Arrow is probably known best for his "impossibility theorem," which he proved in his PHD dissertation and described in his 1951 book Social Choice...

Kenneth Arrow's impossibility theorem suggests that it is almost impossible to create a voting system for three or more candidates that is not flawed in some fundamental way. The next best system would be plurality voting in that voters vote for the candidate they...

A global fund is being created to subsidize the purchase of a new generation of anti-malaria drugs for Africa, where the mosquito-borne disease kills 1 million people a year, mostly children under 5, a World Bank-sponsored forum announced Friday.The two-day conference of 80 health experts,...