Leonid Hurwicz

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Birthday
21, 1917
Birthplace
Russia
Death Date
Jun 24, 2008 (90)
Birth Sign
Leo
Birthday
21, 1917
Birthplace
Russia
Death Date
Jun 24, 2008 (90)

About

The winner of the Nobel Prize in Economics in 2007 for shedding light on how individuals and institutions interact given unequal knowledge.

Before Fame

He was studying law at Warsaw University in Poland when he took his first economics course, and switched his pursuit, going on to the London School of Economics.

Trivia

He wrote extensively about game theory and how it applies to economics, arguing that people can be motivated with proper incentives to achieve proper outcomes.

Family Life

He was born into a Jewish family in Moscow, Russia that fled soon after to Poland, where they were again persecuted and forced to flee after Hitler's invasion.

Associated With

Robert Engle was another winner of the Nobel Prize in Economics, also helping to advance the study of how humans buy and sell.