Arnold Harberger is a well known American economist who was born in 1924, and is still alive today at the age of 95 years old. He had received an undergraduate education at John Hopkins University and completed his Ph.D. at the University of Chicago. He has taught as a professor at UCLA and has completed visiting professorships at Harvard, MIT, Princeton, and the University of Paris, but is most well known for his experience doing research and curating papers. One thing he is well known for are Harberger triangles, which are used to calculate the efficiency costs of things such as taxes, practices that resemble monopolies, regulations within the government, as well as other distortions within the market. He has also been a consultant for many corporations, government ministries, as well as international organizations. In 1997 he had been appointed as the president of the American Economic Association. 

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  1. At some parties with graduate students at the University of Chicago, Harberger would get into a superhero costume and come as "Triangle Man." He did not invent the concept of deadweight loss. But he certainly owned it while he was alive.

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