The
Emile
Grunberg
Lecture
Series
| Seventh Grunberg Lecture - May 2, 1994
Professor Kenneth J. Arrow
Stanford University
Nobel Prize in Economics, 1972 (with Sir John Hicks)
Transition of Economic Systems: Speed and Scope
Professor Arrow was cited by the Nobel Committee for his pioneer
contributions to general equilibrium theory and to welfare theory. His work on
social choice theory and the economics of risk and information have provided a
path-braking framework for applied work in both political science and
economics in such diverse fields as business decisions, evaluating costs of
environmental effects, income distribution, medical insurance, and political
decision making.
Recently Professor Arrow has been examining issues in the transition from
communism to alternative economic organization in Eastern Europe.
Some of the books for which he is most noted include Capital Theory and the
Rate of Return (1963); Growth Theory: An Exposition (1970); Made in
America: Regaining the productive Edge (1989, with M. Dertouzos, R. Lester
and the MIT Commission on Industrial Productivity); and The Labor Market as
a Social Institution (1990).
(Click a lecture for more information.)
| The First Lecture,
1988, Herbert A.
Simon (Nobel
1978) | The Second
Lecture, 1989,
William Cooper
(Von Neumann
Medal 1982) | The Third Lecture,
1990, Franco
Modigliani (Nobel
1985) | The Fourth
Lecture, 1991,
Richard Cyret |
| The Fifth Lecture,
1992, James Tobin
(Nobel 1981) | The Sixth Lecture,
1993, Robert Solow
(Nobel 1987) | The Seventh
Lecture, 1994,
Kenneth Arrow
(Nobel 1972) | The Eighth
Lecture, 1995,
Lawrence Klein
(Nobel 1980) |
| The Ninth Lecture,
1996, Harry M.
Markowitz (Nobel
1990) | The Tenth Lecture,
1997, Douglass C.
North (Nobel 1993) | The Eleventh
Lecture, 1998,
James A. Mirrlees
(Nobel 1996) | The Twelveth
Lecture, 1999,
Robert W. Fogel
(Nobel 1993) |
|