James Tobin
James Tobin (March 5, 1918 – March 11, 2002) was an American economist who served on the Council of Economic Advisers and the Board of Governors of the Federal Reserve System, and taught at Harvard and Yale Universities. He developed the ideas of Keynesian economics, and advocated government intervention to stabilize output and avoid recessions. His academic work included pioneering contributions to the study of investment, monetary and fiscal policy and financial markets. He also proposed an econometric model for censored endogenous variables, the well-known "Tobit model". Tobin received the Nobel Memorial Prize in Economic Sciences in 1981.
James Mavor
James Mavor (December 8, 1854 – October 31, 1925) was a Scottish-Canadian economist. He served as a Professor of Political Economy of the University of Toronto from 1892 to 1923. His influence upon Canadian economic thought is traced to as late as the 1970s. He played a key role in resettling Doukhobor religious dissidents from the Russian Empire to Canada. He was also a noted arts promoter.