Kenneth Arrow Dies at 95
(World News Russia)

Kenneth Joseph Arrow, who was an Honorary Professor of the Higher School of Economics and a Nobel Prize-winning economist, passed away on Tuesday, February 21. He was 95. In 1972, Mr Arrow became the youngest recipient of the Nobel Memorial Prize in Economics, sharing it with John Hicks of the University of Oxford for their `pioneering contribution to general equilibrium theory and welfare theory.` It would not be hyperbolic to say that Arrow, who began as a mathematician, was one of the founders of modern economic science. Born in New York in 1921, he graduated college there before completing his master`s at Columbia University. It was at the university that his mentor, renowned economist...