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CEE Biographies

Angus Stewart Deaton

In 2015, Angus Deaton was awarded the Nobel Prize in Economic Science for his “analysis of consumption, poverty, and welfare.” One of his contributions that the Nobel Committee singled out was his 1980 article, co-authored with John Muellbauer, titled “An Almost Ideal Demand System,” on how demand for various consumption goods depends on prices and […]

Frank Hyneman Knight

Frank H. Knight was one of the founders of the so-called Chicago school of economics, of which milton friedman and george stigler were the leading members from the 1950s to the 1980s. Knight made his reputation with his book Risk, Uncertainty, and Profit, which was based on his Ph.D. dissertation. In it Knight set out […]

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