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.
Don Dobie
James Donald Mathieson Dobie (28 July 1927 – 25 November 1996) was an Australian politician. Born in Glasgow in Scotland, he migrated to Australia as a child and was educated at Brisbane Grammar School, the University of Melbourne, and Columbia University in New York. He then became an economist with a private bank until 1966, when he was elected to the Australian House of Representatives for the Liberal Party, defeating Labor member Les Johnson for the seat of Hughes. A redistribution ahead of the 1969 election erased Dobie's majority and gave Labor a notional eight-percent majority—technically making it a safe Labor seat on paper. Believing this made Hughes unwinnable—especially with Johnson priming for a rematch—Dobie transferred to the new seat of Cook, created mostly out of the more Liberal-friendly eastern portion of Hughes. This move proved prescient, as Johnson retook Hughes for Labor on a large swing while Dobie narrowly won Cook.