The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1976
Born: 31 July 1912, Brooklyn, NY, USA
Died: 16 November 2006, San Francisco, CA, USA
Affiliation at the time of the award: University of Chicago, Chicago, IL, USA
Prize motivation: "for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy"
Contribution: Contributions to consumption analysis and to monetary history and theory, including observations of the complexity of stabilization policy.