Tobin, James, 1918-2002.Yale economist; Nobel Prize, 1981
Business/Financial Desk | March 13, 2002, Wednesday
James Tobin, Nobel Laureate in Economics and an Adviser to Kennedy, Is Dead at 84By HOLCOMB B. NOBLE (NYT) 1560 words
Late Edition - Final , Section B , Page 10 , Column 1ABSTRACT - Dr James Tobin, economist who was top adviser in Kennedy administration, dies at age 84; photo (M) Dr. James Tobin, a professor emeritus of economics at Yale who was a top adviser in the Kennedy administration and received the Nobel Prize in economics in 1981, died on Monday in New Haven. He was 84 and lived in New Haven.
The cause was a stroke, a Yale spokeswoman, Dorie Baker, said.
Harvard Magazine
July-August 2002
JAMES TOBIN '39scl, Ph.D. '47, LL.D. '95, died March 11 in New Haven. He was a professor emeritus of economics at Yale and one of the most influential economists of his generation. As a member of President John F. Kennedy's Council of Economic Advisers, he was a driving force behind Kennedy's tax cut, which helped propel the economic boom of the mid 1960s. In 1981 he won the Nobel Prize in Economics for his work on the so-called Portfolio Selection Theory, which showed that people tended to balance risk against returns in choosing their investments, rather than being guided primarily by asset performance. He was the author of 16 books and some 500 articles. He served as a navy officer in World War II. He leaves his wife, Elizabeth (Ringo), a daughter, Margaret Segall '70, three sons, Louis, Hugh, J.D. '80, and Roger '78, and a brother, Roger.
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