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.
Robert Theobald
Robert Theobald (June 11, 1929 – November 27, 1999) was a private consulting economist and futurist author. In economics, he was best known for his writings on the economics of abundance and his advocacy of a Basic Income Guarantee. Theobald was a member of the Ad Hoc Committee on the Triple Revolution in 1964, and later listed in the top 10 most influential living futurists in "The Encyclopedia of the Future".
Robert Theobald was born in India in 1929, the son of a British businessman. He moved to England at age 16 (1945), and received his higher education in economics at Cambridge, then lived for three years in Paris. Eventually he continued his studies at Harvard University, in the late 1950s.