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.
Peter J. Tobin
Peter J. Tobin (born 1944 in Bronx, New York) is an American businessman and philanthropist who is affiliated with the Republican Party. He has a wife Mary, a son Peter, and a daughter Kristin. He graduated with his Bachelor of Business Administration at St. John’s University in 1965. Tobin was most recognized as the Chief Financial Officer of Chase Manhattan Bank and CFO of Chemical Bank. He donated a generous amount to St. John’s University, where the business school was renamed in his honor. He has led several companies through successful mergers and acquisitions and has had a very successful career.