See biography by G. Menary (1936).
See A. P. James, ed., Writings of General John Forbes Relating to His Service in North America (1938, repr. 1971).
See A. Jones, Malcolm Forbes (1977); C. Winans, The Man Who Had Everything (1990).
(born June 13, 1928, Bluefield, W.Va., U.S.) U.S. mathematician. He earned a doctorate from Princeton University at 22. He began teaching at Massachusetts Institute of Technology in 1951 but left in the late 1950s because of mental illness; thereafter he was informally associated with Princeton. Beginning in the 1950s with his influential thesis “Non-cooperative Games,” Nash established the mathematical principles of game theory. His theory, known as the Nash solution or Nash equilibrium, attempted to explain the dynamics of threat and action among competitors. Despite its practical limitations, it was widely applied by business strategists. He shared the 1994 Nobel Prize in Economics with John C. Harsanyi (b. 1920) and Reinhard Selten (b. 1930). A film version of his life, A Beautiful Mind (2001), won an Academy Award for best picture.
Learn more about Nash, John Forbes with a free trial on Britannica.com.
(born June 13, 1928, Bluefield, W.Va., U.S.) U.S. mathematician. He earned a doctorate from Princeton University at 22. He began teaching at Massachusetts Institute of Technology in 1951 but left in the late 1950s because of mental illness; thereafter he was informally associated with Princeton. Beginning in the 1950s with his influential thesis “Non-cooperative Games,” Nash established the mathematical principles of game theory. His theory, known as the Nash solution or Nash equilibrium, attempted to explain the dynamics of threat and action among competitors. Despite its practical limitations, it was widely applied by business strategists. He shared the 1994 Nobel Prize in Economics with John C. Harsanyi (b. 1920) and Reinhard Selten (b. 1930). A film version of his life, A Beautiful Mind (2001), won an Academy Award for best picture.
Learn more about Nash, John Forbes with a free trial on Britannica.com.
According to the United States Census Bureau, the city has a total area of 0.2 square miles (0.6 km²), all of it land.
There were 33 households out of which 21.2% had children under the age of 18 living with them, 45.5% were married couples living together, 6.1% had a female householder with no husband present, and 45.5% were non-families. 42.4% of all households were made up of individuals and 18.2% had someone living alone who was 65 years of age or older. The average household size was 1.94 and the average family size was 2.67.
In the city the population was spread out with 21.9% under the age of 18, 20.3% from 25 to 44, 12.5% from 45 to 64, and 45.3% who were 65 years of age or older. The median age was 52 years. For every 100 females there were 113.3 males. For every 100 females age 18 and over, there were 127.3 males.
The median income for a household in the city was $18,958, and the median income for a family was $33,750. Males had a median income of $16,875 versus $24,375 for females. The per capita income for the city was $16,741. There were 10.0% of families and 30.0% of the population living below the poverty line, including 53.3% of under eighteens and 14.8% of those over 64.