Word: leontiefs
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Dates: during 1970-1979
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When Wassily Leontief heard that a Harvard professor with a Russian name had won the 1971 Nobel Prize in Economics, he rushed out to buy a newspaper--only to find that the winner was his colleague Simon S. Kuznets...
...last fall, when a similar rumor travelled the academic grapevine, Leontief had no doubts that this time the prize was his. He was the only department member with a Russian name, and his widely used input-output theorem had long been considered worthy of the $120,000 cash prize...
...characteristic down-to-earth manner, Leontief likens his complex input-output matrix to a cookbook recipe: "You add a little bit of these production factors, and you get a little bit of those...
Although the Swedish prize committee touted Leontief for the academic usefulness of his economic work, those who know him regard the prize as a tribute to his broad-minded and humanitarian attitudes...
Although he is not a Marxist, Leontief was one of a handful of Harvard economists who spoke last year in behalf of Samuel S. Bowles, associate professor of economics, and other radical economists seeking faculty positions in the generally conservative department...