Investopedia

Continue to Site »

Robert W. Fogel

Filed Under » ,
Dictionary Says

Definition of 'Robert W. Fogel'

An American economic historian and scientist who won the 1993 Nobel Prize in Economics, along with Douglass North, for his methods of explaining economic and institutional change. Robert William Fogel is considered a pioneer of cliometrics, a branch of economic history. In the 1960s, he became known for his research on the impact of railroads on economic growth in the United States. In the 1970s, he made controversial arguments about the economic viability of slavery. Fogel has also conducted research on the economics of life expectancy and aging.
Investopedia Says

Investopedia explains 'Robert W. Fogel'

Fogel was born in New York City in 1926 and earned his Ph.D. from Johns Hopkins in 1964. He trained under George Stigler, Carter Goodrich and Simon Kuznets. Fogel has spent most of his career as a professor at the University of Chicago but has also taught at Harvard, Johns Hopkins, the University of Rochester and Cambridge.

Articles Of Interest

  1.

    The Uncertainty Of Economics: Exploring The Dismal Science

    Learning about the study of economics can help you understand why you face contradictions in the market.

  2. The Austrian School Of Economics

    If you think economists are only concerned with numbers, check out this group, who are more like economic philosophers.

  3. How Influential Economists Changed Our History

    Find out how these five groundbreaking thinkers laid our financial foundations.

  4. Free Market Maven: Milton Friedman

    As proponent of free market capitalism, this economist changed the way the world's economies operate.

  5. Can Keynesian Economics Reduce Boom-Bust Cycles?

    Learn about a British economist's proposed solution to a common economic problem.

  6. Adam Smith: The Father Of Economics

    This free thinker promoted free trade at a time when governments controlled most commercial interests.

  7. Giants Of Finance: John Maynard Keynes

    This rock star of economics advocated government intervention at a time of free-market thinking.

  8. Hetty Green: The Witch Of Wall Street

    Hetty Green was the richest woman of her time and possibly the first value investor, yet she's not remembered kindly.

  9. Muriel Siebert: Female Finance Pioneer

    Muriel Siebert has blazed many paths for investors, but is especially relevant as the first woman to sit on the NYSE.

  10. 5 ETFs Flaws You Shouldn't Overlook

    Despite their popularity, exchange traded funds have some drawbacks that investors should know about.
comments powered by Disqus
Marketplace
Hot Definitions

  1. Happiness Economics

    The formal academic study of the relationship between individual satisfaction and economic issues, such as employment and wealth.

  2. Affluenza

    A social condition arising from the desire to be more wealthy, successful or to "keep up with the Joneses." Affluenza is symptomatic of a culture that holds up financial success as one of the highest achievements.

  3. Icarus Factor

    The term Icarus factor describes a situation where managers or executives initiate an overly ambitious project which then fails. Fueled by excitement for the project, the executives are unable to reign in their misguided enthusiasm before it is too late to avoid the failure.

  4. Angelina Jolie Stock Index

    An index made up of a selection of stocks from companies associated with actress Angela Jolie.

  5. Consequential Loss

    The amount of loss incurred as a result of being unable to use business property or equipment.

  6. Lease To Own

    An arrangement where an individual enters into a lease agreement with an owner with the inclusion of a clause that typically gives the individual the right, but not the obligation, to purchase the item leased at a predefined price and time.
Trading Center