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Tag: Nobel Prize Laureate

Paul A. Samuelson: Cafeteria Keynesian

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  Paul A. Samuelson was born in 1915 in Indiana. When he was a little boy, his parents moved to Chicago, therefore he went to school there. He also pursued his bachelor…

Kenneth Arrow

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  Kenneth Arrow was born in New York in 1921. When Kenneth was in high school, he developed a profound interest in mathematics and logic. Then, he entered City College of New…

Milton Friedman

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  Milton Friedman was born in New York in 1912. As a kid, he showed great enthusiasm to study mathematics and wanted to become an insurance actuary. While in college, he developed…

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  • Amos Tversky
  • Daniel Kahneman
  • cognitive bias
  • Milton Friedman
  • Wealth of Nations
  • Nobel Prize Laureate
  • Adam Smith
  • 20:20 ratio
  • law of small numbers
  • the halo effect
  • wealth inequality
  • income inequality
  • Law of Large Numbers
  • Dow Jones Industrial Average
  • status quo bias
  • Behavioral Economics
  • daniel kahnemann
  • hyperinflation
  • the gambler's fallacy
  • gambler's fallacy
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