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NOBEL PRIZES: ECONOMICS; His big ideas had a wide influence; Turns out, the ol' econ prof at the U knew a thing or two. On Monday, Leonid Hurwicz, 90, became the oldest Nobel winner.(NEWS)
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Byline: Mike Meyers; Staff Writer
The two economists who will share a Nobel Prize in economics with Leonid Hurwicz were both 9 years old when the University of Minnesota professor emeritus first proposed his big ideas.
Eisenhower was president when Hurwicz started thinking deeply about some of the great problems of economics, such as how to promote rational decision making in a world where information may be as unequally distributed as wealth.
On Monday, the 90-year-old Hurwicz became the oldest-ever Nobel Prize winner. Few of his early colleagues are around to toast ...
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