Robert C. Merton
Economist and Nobel Prize laureate
Significant contributions to financial economics. Developed the Black-Scholes model for option pricing alongside Fischer Black and Myron Scholes, earning a Nobel Prize in Economic Sciences in 1997. Contributed to the development of risk management techniques and dynamic asset allocation strategies. Held academic positions at renowned institutions, including Massachusetts Institute of Technology and Harvard University. Published numerous influential papers and books in finance, shaping the understanding of derivative instruments and market behavior.
Developed the Black-Scholes option pricing model
Received the Nobel Prize in Economic Sciences in 1997
Other People Born on July 31st
Hubert Védrine
French politician and former Minister of Foreign Affairs
Born
July 31st, 1947 78 years ago
Held the position of Minister of Foreign Affairs from 1997 to 2002, contributing to French foreign policy during a pivotal period. Played a significant role in European Union affairs and international diplomatic negotiations. Engaged in various international forums and discussions, advocating for France's influence in global matters. After leaving office, continued to engage in political commentary and analysis, participating in the public discourse on international relations.
Continue ReadingAlan Autry
Football player and Mayor of Fresno
Born
July 31st, 1952 73 years ago
Played quarterback in the National Football League for the Green Bay Packers and the Buffalo Bills. Transitioned to acting with a prominent role in the CBS series 'In the Heat of the Night'. Served as the 23rd Mayor of Fresno, California from 2001 to 2009. Engaged in various community projects and initiatives during tenure as mayor.
Continue ReadingJohn Canton
English physicist and academic researcher
Born
July 31st, 1718 307 years ago
Died
March 22nd, 1772 253 years ago — 53 years old
An English physicist and academic contributed significantly to the field of experimental physics. Best remembered for inventing the electrometer, which measured electric charge and helped advance the understanding of electricity. Served as a professor at the Royal Academy, where teachings included topics on natural philosophy and electrical experiments. Conducted experiments on heat conduction and published numerous papers on the behavior of electrified bodies.
Continue ReadingPeter Benenson
Human rights lawyer, founded Amnesty International
Born
July 31st, 1921 104 years ago
Died
February 25th, 2005 20 years ago — 83 years old
A lawyer initiated the founding of Amnesty International in 1961 to advocate for human rights globally. The organization focused on preventing and addressing cases of unjust imprisonment and torture. Through commitment to the Universal Declaration of Human Rights, efforts contributed to the awareness of political prisoners and abuses. The organization's campaigns led to the release of numerous individuals and shifted perspectives on state-sponsored violence.
Continue ReadingGeorge Henry Thomas
Union General in the American Civil War
Born
July 31st, 1816 209 years ago
Died
March 28th, 1870 155 years ago — 53 years old
A prominent Union general during the American Civil War, played a crucial role in several significant battles. Graduated from the United States Military Academy in 1840 and initially served in the Mexican-American War. Commanded Union forces at the Battle of Chickamauga and the Battle of Nashville, where decisive victories were achieved against Confederate troops. Earned the nickname 'Rock of Chickamauga' for steadfastness during the Battle of Chickamauga. After the war, served in various military roles, including overseeing the Department of the Cumberland.
Continue ReadingPrimo Levi
Italian chemist and Holocaust author
Born
July 31st, 1919 106 years ago
Died
April 11th, 1987 38 years ago — 67 years old
A chemist and writer, recognized for literary works exploring personal experiences during the Holocaust. Published the memoir 'Survival in Auschwitz,' detailing experiences in the concentration camp, and the book 'The Periodic Table,' which combines chemistry and memoir, reflecting on life through elements. Contributed to literature with essays and fiction, deeply influenced by the events of World War II.
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