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Interview with Kenneth Arrow

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Author Info
Dubra, Juan

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Abstract

Arrow argues that the biggest failures of economic theory are: our failure to explain the business cycle; the missing explanations for the size of fluctuations of prices; our failure to explain the causes of growth and of the spread of innovation. He then discusses several of the existing alternatives to the rational expectations paradigm. He tells the story of his dissertation, and how Koopmans wanted to decline his Nobel Prize.Finally, he discusses health care reform, and malaria in Africa.

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Publisher Info
Paper provided by University Library of Munich, Germany in its series MPRA Paper with number 967.

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Date of creation: Mar 2005
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Handle: RePEc:pra:mprapa:967

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Related research
Keywords: Health Care Business Cycles Fluctuations.

Find related papers by JEL classification:
D00 - Microeconomics - - General - - - General
D01 - Microeconomics - - General - - - Microeconomic Behavior: Underlying Principles
G12 - Financial Economics - - General Financial Markets - - - Asset Pricing
E32 - Macroeconomics and Monetary Economics - - Prices, Business Fluctuations, and Cycles - - - Business Fluctuations; Cycles
I0 - Health, Education, and Welfare - - General

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This page was last updated on 2008-11-18.


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