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KENNETH J. ARROW - FIRST DAY COVER SIGNED - HFSID 267654

 
KENNETH J. ARROW
The Nobel Prize winner in Economics (1972) signed this first day cover honoring Sequoyah.
First Day Cover signed: "Kenneth J. Arrow", 6½x3½. First Day Cover honoring Sequoyah, 19-cent stamp affixed, postmarked Tahlequah, Oklahoma, December 27, 1980, FIRST DAY OF ISSUE. American economist Kenneth J. Arrow (1921-2017), then at Harvard University, shared the 1972 Nobel Prize for Economics with Sir John Hicks for his contribution to the general equilibrium theory and to social choice theory. Arrow was also one of the first economists to note the existence of a learning curve. His basic idea was that as producers increase output of a product, they gain experience and become more efficient. Fine condition.


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KENNETH J. ARROW  


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KENNETH J. ARROW
Born: August 23, 1921 in New York City, New york
Died: February 21, 2017 in Palo Alto, California





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