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Interview with Kenneth Arrow

Dubra, Juan (2005): Interview with Kenneth Arrow. Unpublished.

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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.

Item Type:MPRA Paper
Institution:Universidad de Montevideo
Language:English
Keywords:Health Care; Business Cycles; Fluctuations
Subjects:D - Microeconomics > D0 - General > D00 - General
D - Microeconomics > D0 - General > D01 - Microeconomic Behavior: Underlying Principles
G - Financial Economics > G1 - General Financial Markets > G12 - Asset Pricing; Trading volume; Bond Interest Rates
E - Macroeconomics and Monetary Economics > E3 - Prices, Business Fluctuations, and Cycles > E32 - Business Fluctuations; Cycles
I - Health, Education, and Welfare > I0 - General
ID Code:967
Deposited By:Juan Dubra
Deposited On:30. Nov 2006
Last Modified:25. Jul 2011 16:31

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