Kenneth Arrow

American economist (1921-2017)

Kenneth Joseph Arrow (August 23, 1921 – February 21, 2017) was an American economist. He won the Nobel Prize in Economics with John Hicks in 1972. Until 2019, he was the youngest person to have received this award, at 51.[1]

Kenneth J. Arrow
Born(1921-08-23)August 23, 1921
DiedFebruary 21, 2017(2017-02-21) (aged 95)
Alma materColumbia University
City College of New York
AwardsJohn Bates Clark Medal (1957)
Nobel Prize in Economics (1972)
von Neumann Theory Prize (1986)
National Medal of Science (2004)

Early life


Arrow was born on August 23, 1921 in New York City, New York. He studied at the City College of New York and at Columbia University. Arrow married Selma Schweitzer in 1947. They had two sons.



In economics, he was thought be an important figure in post-World War II neo-classical economic theory. Many of his former graduate students have gone on to win the Nobel Prize themselves.

Arrow was active on the international scene through a variety of initiatives including trustee of Economists for Peace and Security and a member of the Advisory Board of Incentives for Global Health, the not-for-profit behind the Health Impact Fund.

Arrow died on February 21, 2017 from natural causes at his home in Palo Alto, California, aged 95.[2]


  1. "Tamer of Big Businesses Wins Nobel Prize in Economics". October 14, 2014. Archived from the original on October 21, 2014. Retrieved December 5, 2014.
  2. Weinstein, Michael M. (2017-02-21). "Kenneth Arrow, Nobel-Winning Economist Whose Influence Spanned Decades, Dies at 95". New York Times. Retrieved 2017-02-21.

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