James Tobin
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James Tobin (1918-2002) was a professor at Yale University for most of his career. He was awarded the Nobel Prize in Economics in 1981 for his theory “of financial markets and their relation to consumption and investment decisions, production, employment and prices.” David Ross founded The Tobin Project, naming the organization after Tobin.[1]
Mentor to Janet Yellen
Janet Yellen said of James Tobin:[2]
- “Tobin was my teacher, but I will have to say he was more than my teacher. He was actually an inspiration to me. I think what impressed me was not only his analytic skills and his knowledge of macroeconomics and the work that he did, but also his very strong commitment to social justice and to the view that economics is magical and it’s about making the world a better place.”
Open Letter to Obama on Iran
In 2008 James Tobin signed an online petition “A Open Letter to Barack Obama on Iran”.[3]
The American Prospect
In 2009 James Tobin was listed as a Founding Sponsor of The American Prospect.[4]