
Celebrations, 12 feb:
Commemorations, 12 feb:
James Tobin, American economist, Biography
Life period:
Was born on 05 Mar 1918.
Died on date 11 Mar 2002, at 84 years old.
Occupation:
American economist
Origin country:
United States
Biography:
Tobin advocated and developed the ideas of Keynesian economics. He believed that governments should intervene in the economy in order to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets.
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