New Haven Register
Wednesday, June 1, 1983
Top Economists to Gather at Yale
More than 75 of the nation's leading economists, including five Nobel laureates, will
gather at Yale University Friday and Saturday to celebrate the 50th anniversary of the
Cowles Foundation for Research in Economics.
The conference will provide a forum for the scholars to review the achievements of the
Cowles Foundation over the last half-century.
Founded in 1932 by Alfred cowles, a Chicago investment counselor and Yale graduate, the
foundation was located in Colorado Springs. It later moved to the University of Chicago,
and since 1955 has been based at Yale. Since its inception, economists and mathematicians
of the Cowles Foundation have been concerned with the formulation and application of
quantitative techniques to economic analysis and forecasting. The success of their work
has resulted in the rewriting of virtually all economics textbooks.
Six American Nobel Prize winners have been associated with the Cowles Foundation and
five will be present at the 50th-anniversary celebration: Kenneth Arrow of Stanford,
Tjalling Koopmans and James Tobin of Yale, Lawrence Klein of the University of
Pennsylvania and Paul Samuelson of the Massachusetts Institute of Technology. Herbert
Simon of Carnegie-Mellon University is unable to attend the conference. |