Economics

Kenneth Arrow, Youngest to Win Nobel for Economics, Dies at 95

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Kenneth Arrow, whose study of how the various parts of an economy work toward equilibrium won him the Nobel Prize in 1972 and established him as one of the founders of modern economics, has died, the New York Times reported. He was 95.

Arrow died at his home in Palo Alto, California on Tuesday, the Times saidBloomberg Terminal, citing his son, David.