LIVES OF THE LAUREATES : thirty-two nobel economists.

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Contents Introduction to the Seventh Edition Notes Acknowledgments W. Arthur Lewis Lawrence R. Klein Notes Kenneth J. Arrow Paul A. Samuelson Economics in My Time The Great Takeoff Life at the Top Mea Culpa Other Testimonies The Scientist Delineated Hegira down the River By Joy Possessed Remembered Kisses Chasing the Bitch Goddess of Success Indian Summer Milton Friedman George J. Stigler Some Autobiography Iowa and Minnesota and Later Back to Chicago My Work Conclusion James Tobin Beginning with Keynes at Harvard Tools of the Trade, Theoretical and Statistical Developing Keynesian Macroeconomics; Synthesizing It with the Neoclassical Tradition Policy and Public Service Franco Modigliani Ruminations on My Professional Life James M. Buchanan Born-Again Economist Chicago, 1946 Public Choice and the Catallactic Paradigm The Relatively Absolute Absolute Why “Better Than Plowing”? Notes Robert M. Solow William F. Sharpe Introduction The Invitation The Prize Financial Economics Finance Economics Professional Practice Personal Evolution Undergraduate Work The Master’s Degree The RAND Corporation Doctoral Work The University of Washington Stanford Wells Fargo Commerce Further Research Conclusion Notes Ronald H. Coase Notes Douglass C. North Note John C. Harsanyi An Unusual Journey A Life of Research—From Nash to Selten Note Myron S. Scholes Gary S. Becker A Princeton Undergraduate Chicago: The Early Years Columbia and the National Bureau of Economic Research Return to Chicago Writing for a Popular Audience The Prize Robert E. Lucas, Jr. 1 2 3 4 5 6 7 8 9 10 11 Notes Vernon L. Smith You Can Go Home Again Before Me Enter My Father City Lights Again College Years: From Friends U to Harvard U Notes Clive W. J. Granger Overview Forecasting Time Series Theory The Growth of Time Series Econometrics Causality Space and Time Conclusion Notes Edward C. Prescott The Joy of Being a Teacher-Researcher My Development as an Economist as a Student at GSIA My Development as an Economist at the University of Pennsylvania My Years at GSIA as a Carnegie Mellon Faculty My Years at Minnesota More Ambitious Exercise The Federal Reserve Bank of Minneapolis Conclusion Thomas C. Schelling Edmund S. Phelps Amid the “Theory Wars” in Twentieth-Century Economics Background Putting People In Return of the Determinists and Rationalists The Costs of Neo-neoclassicism Dynamism Inclusion and the Good Economy Reversal of Fortune Notes Eric S. Maskin References Joseph E. Stiglitz Notes Paul Krugman Peter A. Diamond Phase 1: Student Phase 2: Applied Mathematician Phase 3: Teaching Phase 4: What’s Wrong with Economics Phase V: Policy Analyst Note References Roger B. Myerson Deciding What to Study Finding My Way into Game Theory Learning to Analyze Incentive Constraints in Games with Communication New Directions Note Thomas J. Sargent Introduction Macroeconomics from 1930 to 1968 Rational Expectations Econometrics Concluding Remarks Notes Amartya Sen 1 2 3 4 5 6 7 8 9 Notes References A. Michael Spence Hockey Background Choosing Academia Researching Asymmetric Information Administration and the Tech Bubble Economic Development Current Economic Challenges Christopher A. Sims Alvin E. Roth I. Prologue II. Early Life and Education III. Illinois, 1974–82 IV. Pittsburgh, 1982–98 V. Harvard, 1998–2012 VI. Stanford, 2012–Present VII. Looking Back on a Changing Perspective Notes References Lessons from the Laureates: An Afterword Common Themes and Disparate Voices Does Biography Matter?