The Won’t-get-nutty Professor

Kenneth Arrow, one of the most brilliant economists of the 20th century, sees the global financial crisis with a perspective 90 years long. His diagnosis? It’s not so bad.

Many of Kenneth Arrow’s colleagues are doling out predictions of doom and gloom, but this noted economist is calm and even optimistic. “I think it’s just my personality,” he says before breaking into a wide grin. Unlike some of his most famous protégés and fellow economists, “I am anti-rhetorical,” he says.