James Tobin

a black-and-white photo of James Tobin sitting at a desk with a window behind him

James Tobin, winner of the 1981 Nobel Prize in economics, joined the faculty of the Yale Department of Economics in 1950 and was appointed Sterling Professor of Economics in 1957, remaining at Yale until his retirement in 1988 and death in 2002. During this career spanning over 50 years, Tobin established himself as a leader in the field through many outstanding contributions to economic theory. His fundamental concern, however, was how economic policies affected people’s lives. The Tobin Center for Economic Policy at Yale honors its namesake’s legacy by casting empirical light onto contemporary issues in domestic economic policy.