Simon warns against rationality in economics at Nobel speech
Nobel laureate Herbert Simon of Carnegie Mellon warned in a Stockholm address that classical economic theory overestimates business executives as fully informed and perfectly rational. He argued predictions and policies must be treated with caution as real leaders settle for workable solutions amid complexity and uncertainty.
MENTIONED IN THIS ARTICLE
Pittsburgh
UPI
Herbert Simon
Carnegie-Mellon University
Stockholm
Sweden
Swedish Academy of Sciences
Simon
Thornburgh Led in 1978 Gubernatorial Race Finances
Election reports show Richard Thornburgh raised 1.8 million while Pete Flaherty collected 1.1 million in the general election and taller primary sums. Thornburgh outspent Flaherty on media ads and both carried campaign debts, with Thornburgh receiving a notable loan forgiveness from the Heinz family.
MENTIONED IN THIS ARTICLE
Harrisburg
UPI
Elections Bureau Today
Richard Thornburgh
Pete Flaherty
Thornburgh
Flaherty
Heinz
Pittsburgh
Pennsylvania
Fashion forward Pierre Cardin in China bridge plan
United Press International column notes Kenneth R. Clark reports Pierre Cardin touring Peking and Shanghai with Chinese authorities to stage dual fashion shows on March 22. he aims to show global styles, promising not to imitate current gray Mao suits. Brezhnev receives dog Decoy from Kreps. Spock collar tags the pet.
MENTIONED IN THIS ARTICLE
Kenneth R. Clark
United Press International
Pierre
Mao Tse-tung
China
Paris
Pierre Cardin
Peking
Shanghai
Cardin
Leonid Brezhnev
Brezhnev
U.S
Also Mentioned on This Page
Allegheny County
Eugene Coon
Coon
Smucker’s
Juanita Kreps
Moscow
Soviet-American Trade and Economic Council
Kremlin
Ollie
Oliver Reed
Toronto
Bulent
Benjamin Spock
Seabrook
N.H
Supreme Court
Ann Brown
Americans For Democratic Action
Washington
Guy Lombardo
Bill Lombardo
Royal Canadians
Lombardo
Juanita
What the
The
New Castle
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!