{"197961":{"#nid":"197961","#data":{"type":"news","title":"Nobel Laureate Ken Arrow Talks \u0027Health and Wealth\u0027 of Nations","body":[{"value":"\u003Cp\u003EOn Monday, March 4, Nobel Laureate Ken Arrow delivered the College of Computing\u2019s Distinguished Lecture titled \u201cHealth and Wealth.\u201d\u0026nbsp;Addressing a standing-room-only crowd, Arrow discussed longevity and other aspects of health as commodities, as well as their trade-off with more usual goods as important measures of the well being of nations.\u003C\/p\u003E\u003Cp\u003EArrow, who is a Joan Kenney Professor of Economics and Professor of Operations, Emeritus, at Stanford University, walked the audience through the relationship of health and the market.\u0026nbsp; He went on to present ways in which the value of health may be measured in terms normally associated with wealth. Arrow concluded his lecture by stating that accepting a public responsibility for health has permeated the public conscience, making the examination of health as wealth even more crucial for our society in the future.\u003C\/p\u003E\u003Cp\u003EIn 1972, at the age of 51, Arrow was awarded the Nobel Prize in Economics, making him the youngest recipient of this award, and is considered one of the world\u2019s leading economists.\u0026nbsp; He received his bachelor\u0027s degree from the City College of New York (1940) and his M.S. (mathematics, 1941) and Ph.D. (economics, 1951) from Columbia University.\u003C\/p\u003E\u003Cp\u003EHe has engaged in research on different areas of economic theory and policy and operations research, including social choice, incomplete information, general equilibrium, inventory and investment theory, dynamic optimization with special reference to the choice of discount rates, medical economics and the economic aspects of climate change. He has been president of several learned societies and received several honors, including the John von Neumann Prize in Operations Research Theory, the Nobel Memorial Prize in Economic Science, and the National Medal of Science.\u003C\/p\u003E\u003Cp\u003EThe event was one of the most largely attended Distinguished Lectures held by the College, with more than 340 people attending the lecture and 350 more tuning in via the webcast. This event marked the third GT Computing lecture by a Nobel Laureate in the past year and a half.\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022http:\/\/www.cc.gatech.edu\/events\/ken-arrow-2013\u0022\u003EClick here\u003C\/a\u003E to view the video of the lecture in its entirety. Photos from the event are available via the \u003Ca href=\u0022http:\/\/www.flickr.com\/photos\/ccgatech\/sets\/72157632949668994\/with\/8538843349\/\u0022\u003ECollege\u0027s Flickr stream\u003C\/a\u003E. \u003Cbr \/\u003E\u003Cbr \/\u003E\u003C\/p\u003E","summary":null,"format":"limited_html"}],"field_subtitle":"","field_summary":[{"value":"\u003Cp\u003EOn Monday, March 4, Nobel Laureate Ken Arrow delivered the College of Computing\u2019s Distinguished Lecture titled \u201cHealth and Wealth.\u201d\u0026nbsp;Addressing a standing-room-only crowd, Arrow discussed longevity and other aspects of health as commodities, as well as their trade-off with more usual goods as important measures of the well being of nations.\u003C\/p\u003E","format":"limited_html"}],"field_summary_sentence":"","uid":"27556","created_gmt":"2013-03-07 17:28:19","changed_gmt":"2016-10-08 03:13:48","author":"Michaelanne Dye","boilerplate_text":"","field_publication":"","field_article_url":"","dateline":{"date":"2013-03-07T00:00:00-05:00","iso_date":"2013-03-07T00:00:00-05:00","tz":"America\/New_York"},"extras":[],"hg_media":{"197951":{"id":"197951","type":"image","title":"Ken Arrow","body":null,"created":"1449179918","gmt_created":"2015-12-03 21:58:38","changed":"1475894851","gmt_changed":"2016-10-08 02:47:31","alt":"Ken Arrow","file":{"fid":"196482","name":"kenarrow.jpg","image_path":"\/sites\/default\/files\/images\/kenarrow_0.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/images\/kenarrow_0.jpg","mime":"image\/jpeg","size":167966,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/kenarrow_0.jpg?itok=Jc92f9QA"}},"197941":{"id":"197941","type":"image","title":"Ken Arrow and Zvi Galil","body":null,"created":"1449179918","gmt_created":"2015-12-03 21:58:38","changed":"1475894851","gmt_changed":"2016-10-08 02:47:31","alt":"Ken Arrow and Zvi Galil","file":{"fid":"196481","name":"zviarrow.jpg","image_path":"\/sites\/default\/files\/images\/zviarrow_0.jpg","image_full_path":"http:\/\/hg.gatech.edu\/\/sites\/default\/files\/images\/zviarrow_0.jpg","mime":"image\/jpeg","size":248889,"path_740":"http:\/\/hg.gatech.edu\/sites\/default\/files\/styles\/740xx_scale\/public\/images\/zviarrow_0.jpg?itok=FvOb054-"}}},"media_ids":["197951","197941"],"groups":[{"id":"47223","name":"College of Computing"}],"categories":[],"keywords":[{"id":"60761","name":"Ken Arrow; Distinguished Lecture; Nobel Laureate; Health; Wealth; Economics"}],"core_research_areas":[],"news_room_topics":[],"event_categories":[],"invited_audience":[],"affiliations":[],"classification":[],"areas_of_expertise":[],"news_and_recent_appearances":[],"phone":[],"contact":[{"value":"\u003Cp\u003EMichaelanne Dye\u003C\/p\u003E\u003Cp\u003E\u003Ca href=\u0022mailto:mdye@cc.gatech.edu\u0022\u003Emdye@cc.gatech.edu\u003C\/a\u003E\u003C\/p\u003E\u003Cp\u003E\u0026nbsp;\u003C\/p\u003E","format":"limited_html"}],"email":["mdye@cc.gatech.edu"],"slides":[],"orientation":[],"userdata":""}}}