KENNETH J. ARROW - FIRST DAY COVER SIGNED - HFSID 267654
The Nobel Prize winner in Economics (1972) signed this first day cover honoring
Sequoyah.
First Day Cover signed: "Kenneth J. Arrow", 6½x3½.
Sale Price $115.00
Reg. $140.00
Condition: See item description
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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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