James Tobin, 1918–2002

Professor James Tobin, who died on 11 March 2002, was possibly the most eminent of the world’s ‘Keynesian’ economists. Described by Nobel Laureate Paul Samuelson as “the archetype of a late-twentieth century American scholarâ€, Tobin was without doubt one of the most influential economists of his time who inspired a whole generation of students. In this interview, Professor Tobin discusses the progress and development of economics in the second half of the twentieth century.