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.
Jim Tobin
James Anthony Tobin (December 27, 1912 – May 19, 1969), known as "Abba Dabba", was a right-handed pitcher in Major League Baseball with the Pittsburgh Pirates, Boston Bees/Braves and Detroit Tigers from 1937 to 1945. With the Boston Braves in 1944, he pitched two no-hitters, although one of them was five innings, which was considered a no-hitter until 1991 when the MLB officially defined a no-hitter as having to be nine innings or longer.