The New Palgrave Dictionary of Economics

2018 Edition
| Editors: Macmillan Publishers Ltd

Kessel, Reuben Aaron (1923–1975)

  • Armen A. Alchian
Reference work entry


Born and reared in Chicago, Kessel earned a doctorate at the University of Chicago Graduate School of Business in 1949, after serving as a US Army meteorologist in World War II. Kessel’s professional career started at the University of Missouri, after which he was a member of the research staff of the RAND Corporation in Santa Monica, California (1952–6). In 1957 he was an assistant professor in the Graduate School of Management, University of California, Los Angeles, before returning to the University of Chicago Graduate School of Business, earning the rank of Professor (1965), and also serving as a director of the Bell Federal Savings and Loan Association.

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Copyright information

© Macmillan Publishers Ltd. 2018

Authors and Affiliations

  • Armen A. Alchian
    • 1
  1. 1.