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John Nash: Economic Sciences
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Photo of J. Nash When the 21-year old John Nash wrote his 27-page dissertation outlining his "Nash Equilibrium" for strategic non-cooperative games, the impact was enormous. On the formal side, his existence proof was one of the first applications of Kakutani's fixed-point theorem later employed with so much gusto by Neo-Walrasians everywhere; on the conceptual side, he spawned much of the literature on non-cooperative game theory which has since grown at a prodigious rate - threatening, some claim, to overwhelm much of economics itself.
In 1962, Alicia Nash filed for divorce, and Nash lived with his widowed mother until her death in 1969. He then moved back into the house he shared with Alicia Nash. For the next 15 years, Nash spent much of his time wandering freely on the Princeton campus. In the late 1980s... he showed signs of remission from mental illness. He accepted the Nobel Prize for economics in 1994 and spent much of the 1990s attending to his second son's schizophrenia. He and Alicia Nash eventually remarried.
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Is it important that John is of humble social and economic background and could not afford to go to prep schools like Exeter and Andover? Why does he say he has a chip on each shoulder and is hence balanced? Why does he say he does not like people and people don't like him much either? Is he justified in not liking people? Why does Charles say math cannot take you to high truth because math is boring? What is Charles interested in?
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