His interest in economy begins in 1938, while working for for the Soviet government. He acts as a consultant for the Laboratory of the Plywood Trust, working on how to distribute raw materials in order to maximize productivity. This mathematical problem turns out to be very typical for many economical situations. In 1939, he comes up with a mathematical technique now known as linear programming, which can be used for many such problems.
Leonid Kantorovich shares the Nobel Prize in Economy with Tjalling Koopmans for “Contributions to consumption analysis and to monetary history and theory, including observations of the complexity of stabilization policy”. He is known for his theory and development of techniques for the optimal allocation of resources, and is regarded as the founder of linear programming.
Leonid Vitaliyevich Kantorovich is born in St. Petersburg, to a Russian Jewish family.
In 1934, at the age of 22 years, he becomes a full professor at the Leningrad State University. In 1935 he receives his doctoral degree.
He moves to Novosibirsk in 1960. He holds the chair of mathematics and economics in the Siberian branch of the USSR Academy of Sciences in Novosibirsk. Out of his research group there, a number of talented mathematicians and economists emerge.
He is married in 1938. His wife, Natalie, is a physician.
After graduating, he starts his research in applied mathematical problems. By 1932, he is appointed associate professor; being still only 20 years of age, his youthful appearance causes some surprise among his students who at first refuse to believe that he is their lecturer and not a fellow student.
Returning to Leningrad State University in 1944, he works at the University and at the Mathematical Institute of the USSR Academy of Sciences, heading the Department of Approximate Methods. At that time, he becomes interested in computation problems, with some results in the automation of programming and in computer construction. In 1959, he publishes his book “The Best Use of Economic Resources”.
In 1926, at the age of fourteen, he begins his studies at the Leningrad University and graduates at the Faculty of Mathematics in 1930.
Later, he heads the Research Laboratory at the Institute of National Economy Control, Moscow, where high-ranking executives are introduced to new methods of control and management. He acts as consultant to various governmental bodies.
After 1939, during the war, he works as Professor of St. Petersburg Military Engineering-Technical University. During the Siege of Leningrad, Kantorovich is in charge of safety on the “Road of Life”, a supply route built of ice on Lake Ladoga.
Kantorovich dies of cancer.