Saturday, 30 May 2009

Clive W. J. Granger, 1934-2009

James Hamilton at Econbrowser has a short posting on the late Sir Clive Granger, winner of the Nobel Memorial Prize in Economic Sciences in 2003 for his development of the concept of cointegration.

Clive visited the economics department here at Canterbury 8 times. You could not meet a nicer or more helpful person. He had a great interest in rugby, being a big supporter of the Welsh team, a subject we discussed on a number of occasions, which was useful since I didn't understand a thing about the econometrics that he did!

Clive was Emeritus Professor at he University of California San Diego where he taught for 30 years and the first Canterbury Distinguished Professor.

The picture is of Clive in the department of economics at Canterbury on the day he won the Nobel.

1 comment:

Anonymous said...

I am sure that whatever this guy did, it was impressive to someone. Otherwise I am sure he wouldn't have wone a Nobel prize. and I am sure he was a nice guy. Too bad everything he did was useless, except that it showed how everthing everyone else in the same field did was ... useless. I have a major problem with his field of study and everything and everyone that practices it. I am told that econometrics is how smart-ass math types "predict" the performance of national economies or some such nonsense. Sorry - can't be done and every theory and mathematical formula that pretends to predict anything like that is bunk. If it were even remotely possible to predict such things, we would be living in a Utopia. everyone would be working, no one would be losing their house or their job, the government would be throwing billions of dollars at those total jerkoffs in the banking industry, General Motors would still be a real manufacturing entity and not a public utility, etc. So, whatever that gobbledy goop is that this guy wrote on chalk boards meant to him, it was crap and not worth the price of the chalk.