contributions, made over a period of more than 50 years. Tobin received the 1981 Nobel Memorial Prize “for his analysis of financial …Jim Tobin, who died on March 11, 2002 at the age of 84, was one of giants of economics of the second half of the … twentieth century and the greatest macroeconomist of his generation. Tobin’s influence on macroeconomic theory is so pervasive …