Yalie

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Possible Answers: ELI.

Last seen on: LA Times Crossword 17 Feb 19, Sunday

Random information on the term “Yalie”:

George Arthur Akerlof (born June 17, 1940) is an American economist who is a University Professor at the McCourt School of Public Policy at Georgetown University and Koshland Professor of Economics Emeritus at the University of California, Berkeley.[2][3] He won the 2001 Nobel Memorial Prize in Economic Sciences (shared with Michael Spence and Joseph E. Stiglitz).

Akerlof was born in New Haven, Connecticut, United States, the son of Rosalie Grubber (née Hirschfelder) and Gösta Åkerlöf, who was a chemist and inventor.[4][5] His mother was Jewish, from a family that had emigrated from Germany. His father was a Swedish immigrant.[6] Akerlof graduated from the Lawrenceville School[7] in 1958 and received the Aldo Leopold Award in 2002. In 1962 he received his BA degree from Yale University, in 1966 his PhD degree from MIT, and taught at the London School of Economics 1978–80.


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Akerlof is perhaps best known for his article, “The Market for Lemons: Quality Uncertainty and the Market Mechanism”, published in Quarterly Journal of Economics in 1970, in which he identified certain severe problems that afflict markets characterized by asymmetric information, the paper for which he was awarded the Nobel Memorial Prize.[10] In Efficiency Wage Models of the Labor Market, Akerlof and coauthor/former Fed Chair Janet Yellen propose rationales for the efficiency wage hypothesis in which employers pay above the market-clearing wage, in contradiction to the conclusions of neoclassical economics.

Yalie on Wikipedia

Random information on the term “ELI”:

Eli (English: Rat) is a 2015 Indian Tamil language spy comedy period film written and directed by Yuvaraj Dhayalan. The film features Vadivelu and Sadha in the lead roles. Vidyasagar composed the film’s music. Eli was released on 19 June 2015 to mixed reviews.

The film is set in 1960s Chennai (Madras then). A police officer and a social worker give speech about ban of cigarettes in All India Radio. Then three men get out from a car . They were thieves and were headed by Eli (Vadivelu) a petty thief (who once aspired to become a police officer), who pretends to be a thief who has sold all his robbery items to a jewellery shop owner. The jewellery shop owner had no contact with him and his henchmen dressed as police take all the items pointed out and pretend to arrest Eli and loot the shop. He uses his tricks and loots many other places. One day he enters the house of retired police officer Mr. Rangarajan who had rejected him at the police selection. He loots everything except his photograph. When the current police I.G came there to meet Rangarajan, Eli pretends as though Rangarajan had vacated his house and he is performing rituals and not to disturb him. When the police officer meets Rangarajan on the way he is shocked to find that he had been tricked and Eli had looted the house.

ELI on Wikipedia