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2012 | OriginalPaper | Chapter
Life and Legacy
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Today there is perhaps no person who was at the epicenter of and more substantially influenced the post-Second World War financial revolution who is less well known than Jacob Marschak. However, the testimonies of great minds in finance, from Milton Friedman to Kenneth Arrow, Leonard Jimmie Savage, and Harry Markowitz, demonstrate his lasting legacy through a combination of his ideas and his generous mentoring of these future Nobel Prize winners. And each has paid tribute to Marschak as a major force in motivating their Nobel Prize-caliber work.