George Akerlof
Economist and Nobel Prize laureate
Born
June 17th, 1940
85 years ago
Category
Scientists & Innovators
Country
United States
Links & References
An economist and academic, contributions include foundational work in the field of economics, particularly in information asymmetry and market failure. Akerlof's seminal paper, "The Market for Lemons," explored how quality uncertainty in markets leads to adverse selection. Akerlof co-authored influential works on behavioral economics and contributed to the analysis of various economic phenomena. A significant academic presence, Akerlof served as a professor at the University of California, Berkeley, and published extensively on economic theory and its implications.
Won the Nobel Prize in Economic Sciences in 2001
Published 'The Market for Lemons' in 1970
Explored behavioral economics with various co-authors
Other People Born on June 17th
Geoff Toovey
Played rugby league as a halfback, primarily for the Manly-Warringah Sea Eagles from 1990 to 2004. Contributed to the team's success, winning two NRL Grand Finals in 1996 and 2008. Transitioned to coaching after retirement, leading the Sea Eagles and achieving notable results during his tenure. Represented Australia at an international level, participating in the Rugby League World Cup.
Continue ReadingWally Wood
An influential comic book artist and writer, recognized for contributions to the medium. Co-founded the comics publishing company Witzend. Gained prominence for work with EC Comics, particularly on titles such as 'Tales from the Crypt' and 'Mad'. Created iconic characters including the superhero Daredevil and contributed significantly to the early development of 'Spider-Man' alongside Stan Lee. Extensive portfolio includes work for major publishers like Marvel and DC Comics. His distinct artistic style and sophisticated storytelling advanced the comic book genre.
Continue ReadingEddy Merckx
Started competitive cycling in the early 1960s and achieved significant success throughout the 1960s and 1970s. Claimed numerous victories in major cycling events, including the Tour de France, which was won five times. Dominated the Giro d'Italia with five wins and achieved a record 11 victories in one-day classics. Transitioned to sportscasting after retiring from competitive cycling.
Continue ReadingSimone Battle
Initially gained recognition as a contestant on 'The X Factor' USA in 2011, where her powerful vocals and stage presence garnered attention. Later became a member of the girl group G.R.L., which produced hits and performed internationally. Additionally, appeared in the television series 'Famous in Love', where her acting skills were showcased alongside a young ensemble cast. Established a reputation for versatility in both music and acting before untimely passing.
Continue ReadingAdolphus Frederick VI
Served as Grand Duke of Mecklenburg-Strelitz from 1914 until death in 1918. Oversaw the duchy during the tumultuous period of World War I. Engaged in various cultural and political initiatives, including supporting local agriculture and infrastructure. Transitioned leadership amidst significant changes in German territories.
Continue ReadingEben Sumner Draper
Served as the 44th Governor of Massachusetts from 1909 to 1910. Held office during a period of significant change in the state. Advocated for progressive policies and reforms. Engaged in various business ventures prior to entering politics, significantly impacting local economies. Contributed to educational initiatives and infrastructure development during tenure.
Continue Reading