Armen Alchian

1914 - 2013

Armen Albert Alchian (; April 12, 1914 – February 19, 2013) was an American economist. He spent almost his entire career at the University of California, Los Angeles (UCLA). A major microeconomic theorist, he is known as one of the founders of new institutional economics and widely acknowledged for his work on property rights. Source: Wikipedia (en)

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