James Tobin
Economist and Nobel Prize winner
An American economist and academic who contributed significantly to the field of economics, particularly in the areas of investment theory and monetary policy. Tobin developed the Tobin Tax, a proposed tax on financial transactions aimed at reducing speculation. He served on the faculty at Yale University and held various prestigious positions, including President of the American Economic Association. His scholarly work led to the formulation of the Tobin's Q theory, which describes the relationship between market value and replacement costs of assets. Tobin received the Nobel Memorial Prize in Economic Sciences in 1981 for his analysis of financial markets and their relations to real investment.
Developed the Tobin Tax
Received the Nobel Prize in Economic Sciences in 1981
Contributed to investment theory and monetary policy
Other People Born on March 5th
Dan Carter
Rugby player, Rugby World Cup winner
Born
March 5th, 1982 43 years ago
Regarded as one of the greatest fly-halves in rugby history, this New Zealand rugby player had a distinguished international career with the All Blacks. Debuting in 2003, he contributed to the team's success in multiple Rugby World Cups, including the 2015 tournament. Renowned for tactical kicking, strategic gameplay, and scoring ability, this player accumulated significant points throughout his career, breaking various records. After a successful tenure in New Zealand rugby, this player also had a stint in international club rugby before retirement.
Continue ReadingRaymond P. Shafer
Governor of Pennsylvania
Born
March 5th, 1917 108 years ago
Died
December 12th, 2006 19 years ago — 89 years old
An attorney and politician served as the 39th Governor of Pennsylvania from 1967 to 1971. Prior to his gubernatorial role, held positions in Pennsylvania's House of Representatives and Senate. Advocated for various reforms during the governorship, including infrastructure development and environmental conservation. Focused on improving the state's economy and education system. After leaving office, continued public service and involvement in legal and business sectors.
Continue ReadingJan van Beveren
Dutch footballer and coach, PSV Eindhoven
Born
March 5th, 1948 77 years ago
Died
June 26th, 2011 14 years ago — 63 years old
A Dutch footballer and coach began a career as a goalkeeper. Played for several clubs, most notably PSV Eindhoven, contributing to the team's success during the 1970s. After retiring from professional play, transitioned into coaching, where experience as a player informed coaching strategies. Known for leadership in training sessions and player development.
Continue ReadingHeitor Villa-Lobos
Brazilian composer and guitarist
Born
March 5th, 1887 138 years ago
Died
November 17th, 1959 66 years ago — 72 years old
A prominent Brazilian composer and guitarist, contributed significantly to the development of Brazilian classical music. Composed a vast array of works including orchestral pieces, chamber music, and choral music that integrated Brazilian folk elements. Studied under notable mentors and became a key figure in modern classical music in Brazil. Served as the director of the Department of Music of the Ministry of Education and Culture in Brazil. Internationally recognized for bringing Brazilian music to the global stage.
Continue ReadingVasily Trediakovsky
Russian poet and playwright
Born
March 5th, 1703 322 years ago
Died
August 17th, 1768 257 years ago — 65 years old
Born in 1703, contributed significantly to Russian literature and poetry. Established a connection between Russian and Western literary traditions. Authored poetry and plays that influenced subsequent generations of writers. Promoted the use of the Russian language in literature alongside classical forms and themes. Engaged in translating works from various European languages, which expanded the literary repertoire in Russia.
Continue ReadingSubroto Mukerjee
Indian Air Force Chief
Born
March 5th, 1911 114 years ago
Died
November 8th, 1960 65 years ago — 49 years old
Served as the Chief of the Air Staff of the Indian Air Force from its inception in 1954 until death in 1960. Played a crucial role in establishing the Indian Air Force as a modern and capable military branch. Instrumental in the formulation of air defense policies and operational strategies for the country. Contributed to training and development programs, impacting the recruitment and preparedness of air force personnel during early years of the force.
Continue ReadingOther People Who Died on March 11th
Matthias Flacius
Theologian and reformer focused on Lutheranism
Born
March 3rd, 1520 505 years ago
Died
March 11th, 1575 450 years ago — 55 years old
Originating from Croatia, a theologian and reformer contributed significantly to the Lutheran reformation in the 16th century. Studied under influential reformers and engaged in theological debate against Roman Catholic doctrines. Established the importance of scripture and the teaching of original sin. Flacius's works included the 'Ecclesiastica Historia' which chronicled the history of the church from its inception to the Reformation. His editorial work on the 'Confessio Augustana' emphasized Lutheran principles and influenced the direction of Protestant theology.
Continue ReadingCamille Laurin
Canadian psychiatrist and politician
Born
1922 104 years ago
Died
March 11th, 1999 26 years ago — 77 years old
A psychiatrist and politician significantly contributed to the Quebec sovereignty movement. Played a pivotal role in the establishment of the Office de la langue française in Quebec. Advocated for the promotion of the French language in Quebec and was a key figure in the modern Quebec nationalism movement. Served as a member of the National Assembly of Quebec for the Parti Québécois and was appointed as Minister of Cultural Affairs. His efforts were instrumental in the passing of Bill 101, which established French as the official language of the province.
Continue ReadingSiegfried Rauch
German actor in film and television
Born
1932 94 years ago
Died
March 11th, 2018 7 years ago — 86 years old
An accomplished actor, made contributions to German cinema and television over several decades. Gained significant attention for performances in the television series 'Das Traumschiff' and films such as 'Der Kommissar' and 'Die Ungeheuer'. His work ranged from drama to adventure, positioning him as a familiar face in the industry. In addition to acting, participated in various voiceover projects and theater productions, showcasing versatility in different mediums.
Continue ReadingEmilio de' Cavalieri
Italian organist and composer of operas
Born
1550 476 years ago
Died
March 11th, 1602 423 years ago — 52 years old
An Italian organist and composer, contributed significantly to early opera and sacred music during the late Renaissance period. Served as the music director for the Teatro di Roma, where compositions bridged the gap between late Renaissance and early Baroque styles. Introduced innovative scoring and staging techniques that influenced future operatic works. His landmark work, 'Rappresentatione di Anima, et di Corpo,' is considered one of the earliest forms of opera and showcases a blend of theatrical and musical elements, reflecting the evolution of Italian opera.
Continue ReadingCharles Sumner
American politician and abolitionist leader
Born
January 6th, 1811 215 years ago
Died
March 11th, 1874 151 years ago — 63 years old
A prominent American lawyer and politician, this individual played a key role in the abolitionist movement and served as a U.S. Senator from Massachusetts. Advocacy for civil rights and opposition to the expansion of slavery defined a substantial part of his career. This politician delivered powerful speeches, including the famous 'The Barbarism of Slavery' address, which highlighted the moral issues surrounding slavery. His strong stance against the Kansas-Nebraska Act and his involvement in the Free Soil Party contributed to the growing tensions leading up to the Civil War. This individual was also notable for being a victim of a brutal assault by a fellow congressman on the Senate floor due to his anti-slavery views.
Continue ReadingSophronius of Jerusalem
Christian Patriarch and theologian
Died
March 11th, 638 1387 years ago — None years old
Served as Patriarch of Jerusalem from 634 until death in 638. Played a significant role in the early Christian church during a time of considerable turmoil. Contributed to theological discourse, particularly regarding Christology and the relationship between God and Jesus. Authored numerous works, including biblical commentaries and hymns. Engaged with various ecclesiastical and political issues, including the spread of Islam in the region and the defense of Christian orthodoxy. His leadership was marked by the challenges posed by external threats and the internal complexities of the church.
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