| 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. |
