A brief ( paragraph or so) description of the era that the person lived in, especially the economy of the time. (John Forbes Nash, Jr.) 2. The key insights and ideas that the individual contributed to Economics. You will also need to include the following: i) What parts of his/her ideas do you think have an impact today? ii) What parts do you think no longer apply in modern society? iii) Please state why you have come to such conclusions.