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James Tobin

American economist (1918-2002) · United States · On the map · Academics · Died at 84

James Tobin was an American economist who served on the Council of Economic Advisers and consulted with the Board of Governors of the Federal Reserve System, and taught at Yale University.

James Tobin is read about 106 times a day, in 54 languages.

A typical day, 30 days to 6 November 2026

The middle day of the days counted, so one week of news cannot move it. The line under it is the last 104 days, one point a day.

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A life in dates

2002Died11 March 20021997National Book Critics Circle Award in BiographyAward1990Adam Smith AwardAward1981Prize in Economic Sciences in Memory of Alfred NobelAward1958Fellow of the American Statistical AssociationAward1955John Bates Clark MedalAward1952Fellow of the Econometric SocietyAward1918Born5 March 1918

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Awards

National Book Critics Circle Award in Biography1997
Adam Smith Award1990
Prize in Economic Sciences in Memory of Alfred Nobel1981
Fellow of the American Statistical Association1958
John Bates Clark Medal1955
Fellow of the Econometric Society1952
Harvard Centennial Medal
Sterling Professor
Order of the Sacred Treasure
Distinguished Fellow of the American Economic Association
Honorary Doctor from the NOVA University Lisbon
Fisher-Schultz Lecture

About this person

He contributed to the development of key ideas in the Keynesian economics of his generation and advocated government intervention in particular to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored dependent variables, the well-known tobit model.

Country
United States
Category
Academics
Type
Academic
Status
Deceased
Dates
Lived 1918 to 2002 · aged 84