Clive Granger, at 74; shared Nobel Prize for economics

The Boston Globe | June 5, 2009| | Copyright

SAN DIEGO - Clive W.J. Granger, who shared the 2003 Nobel Prize for economics for his iconoclastic view about how his profession uses and misuses figures to predict the future, has died. He was 74.

Dr. Granger, a professor emeritus in the economics department at the University of California at San Diego, died May 27 at Scripps Memorial Hospital after a short illness.

He and University of California colleague Robert Engle were recognized by the Nobel Committee for their work that showed many of the standard formulas used by economists were outmoded.

Simply put, the two showed that ...

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