Wassily Leontief

Wassily Leontief (August 5, 1906 - February 5, 1999), born at St. Petersburg, Russia), was an economist notable for his research on how changes in one economic sector may have an effect on other sectors. Leontief won Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel in 1973.

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We move from more or less plausible but really arbitrary assumptions, to elegantly demonstrated but irrelevant conclusions.

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