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Daniel McFadden
Born	July 29, 1937 (1937-07-29) (age 72) Raleigh, North Carolina, U.S.
Nationality	United States
Fields	Econometrics
Institutions	University of California, Berkeley, MIT
Alma mater	University of Minnesota
Doctoral advisor	Leonid Hurwicz
Doctoral students	Walter Erwin Diewert
Known for	Discrete choice
Notable awards	John Bates Clark Medal (1975) Frisch Medal (1986) Nobel Memorial Prize in Economic Sciences (2000)

Daniel Little McFadden (born July 29, 1937) is an econometrician who won (jointly with James Heckman) the 2000 Nobel Memorial Prize in Economic Sciences; McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice".^[1] He is currently the E. Morris Cox Professor of Economics at the University of California, Berkeley.

McFadden was born in Raleigh, North Carolina. He attended the University of Minnesota, where he received a B.S. in Physics at age 19, and a Ph.D. in Behavioral Science (Economics) five years later (1962). While at the University of Minnesota, his graduate advisor was Leonid Hurwicz, who was awarded the Economics Nobel Prize in 2007.^[2]

In 1964, McFadden joined the faculty of UC Berkeley and focused his research in areas including choice behavior and the problem of linking economic theory and measurement. He won the John Bates Clark Medal in 1975 and the Erwin Plein Nemmers Prize in Economics in 2000. He was elected to the National Academy of Sciences in 1981. In 1977, he moved to the Massachusetts Institute of Technology, but returned to Berkeley in 1991. After his return, McFadden founded the Econometrics Laboratory, which is devoted to statistical computation for economics applications. He remains its director. He is a trustee of the Economists for Peace and Security.

See also

• List of economists

References

External links

• Daniel McFadden's homepage
• 2000 Nobel Prize in Economics
• 2000 Neemers Prize in Economics
• IDEAS/RePEc

Dr. Ken Okey Iwunwa has a PhD in economics. He is an entrepreneur, political radio host and a magazine columnist. He hails from Oforola in Owerri-Imo State. His weekly articles appear on Ran-Rave Political Magazine, American Chronicles and Townhall.com political magazine.

Educated at Harvard University (Executive Management); Massachusetts Institute of Technology (Economics) and at the University of Portharcourt, Nigeria, Dr. Iwunwa also has other advanced executive diplomas in Business Strategy; Governance & Team Effectiveness; Leading Change in Complex Organizations, and Decision Making & Leadership.

His professional career started on Wall Street, New York as commodity broker. He later joined Retriever Interchange Payment Systems as VP-Growth Strategies. Though he lives in United States, he has done works for African corporations, including investment banks. He consulted for Smartpay Nig Ltd and briefly worked as interim Vice President/ senior economist for TKSL Mortgage Bankers Nig. Ltd in 2001-2003 while visiting Nigeria. In 2003-4, he worked as Interim Speech Strategist to the Ambassador of Nigeria to the United States and also co-wrote political speeches for the former Imo State governor, Chief Achike Udenwa between 2004-2006.

Dr Iwunwa is a media personality on KLUP-radio (TX) and WEAA-radio (MD), and KRPC-Television, Houston, Texas. He founded the following companies: National Auto Corp; Timeline Newspaper Co; Ashley & George Online Library Co; and Texas Business Info Network. His company, National Auto Corp won the award of 50 Best Business Concepts in 2007 by Auto Industry Magazine. Ken himself is ranked as one of the 1000 young and very educated black entreprenuers in San Antonio by San Antonio Enterprise Magazine. Ken is currently editing a new film that is billed for production in late 2010