One of the biggest causes of poverty in Haiti is government instability. Throughout the past 30 years, Haiti has had 18 different leaders, with 18 different governments. Due to this upheaval, several officials and businesses have taken advantage of the situation for their own power and wealth, to the detriment of the rest of the Haitian people.
died of heart failure at the age of 94 years in San Francisco on November 16, 2006
graduated from Rahway High School
competitive scholarship to Rutgers University
specialized in mathematics and economics
1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history and theory and the complexity of stabilization policy
Taught in University of Chicago(economic theory) for 30 year before retiring in at the age 65 in 1977
