Nobel Prize Winning Economist. He was widely respected for his enormous impact on Economics during the 20th Century. He was awarded the Nobel Prize in 1972, jointly with British Economist John R. Hicks, "For their pioneering contributions to general economic equilibrium theory and welfare theory". To date, he is the youngest recipient, at the age of fifty-one to be awarded a Nobel Prize for Economics. Born into a family of Jewish descent, his parents saved diligently to provide him with a college education. He enrolled at the City College in New York and attained his degree in Mathematics and later earned his Master of Arts from Columbia in 1941. However, he soon gravitated towards the study of Economics. During World War II, he served as a weather officer with the United States Army Air Corps. Upon his return home, he completed his graduate work and landed a position as a research associate of the Cowles Commission for Research in Economics at the University of Chicago. During this period, he served as an assistant professor. From 1949 until 1968, he served as Professor of Economic and Statistics at Stanford University and in 1968 he moved on to Harvard University. In 1952, he authored the book "Social Choice and Individual Values".
Bio by: C.S.