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Kenneth J. Arrow
Kenneth Arrow, Stanford University.jpg
Born (1921-08-23)August 23, 1921
Died February 21, 2017(2017-02-21) (aged 95)
Nationality American
Alma mater Columbia University
City College of New York
Awards John Bates Clark Medal (1957)
Nobel Prize in Economics (1972)
von Neumann Theory Prize (1986)
National Medal of Science (2004)

Kenneth Joseph Arrow (August 23, 1921 – February 21, 2017) was an American economist. He won the Nobel Prize in Economics with John Hicks in 1972. Until 2019, he was the youngest person to have received this award, at 51.

Early life

Arrow was born on August 23, 1921 in New York City, New York. He studied at the City College of New York and at Columbia University. Arrow married Selma Schweitzer in 1947. They had two sons.

Career

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

Arrow was active on the international scene through a variety of initiatives including trustee of Economists for Peace and Security and a member of the Advisory Board of Incentives for Global Health, the not-for-profit behind the Health Impact Fund.

Death

Arrow died on February 21, 2017 from natural causes at his home in Palo Alto, California, aged 95.

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