The curve of binding history


From this lead paragraph in a BusinessWeek story could come a heck of a semester of high school economics:

Leonid Hurwicz was born in Moscow in 1917, the year that Vladimir Lenin led the Bolshevik seizure of power in Russia. Ninety years later—on Oct. 15, 2007—Hurwicz was awarded a Nobel prize in economics, in part for explaining the fundamental flaw in the central planning that Lenin imposed in the Soviet Union.

One Response to The curve of binding history

  1. Pam says:

    He’s a nonagenarian (like the Sputnik guy) and the oldest Nobelist. Doris Lessing (literature) was the oldest (88) for about 2 days.

    Like

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