Sugar Ray Robinson Sugar Ray Robinson Sugar Ray Robinson (born Walker Smith Jr.; May 3, 1921 – April 12, 1989) was an American professional boxer who competed from 1940 to 1965. Robinson's performances in the welterweight and middleweight divisions prompted sportswriters to create "pound for pound" rankings, where they compared fighters regardless of weight. He was inducted into the International Boxing Hall of Fame in 1990. He is widely regarded as the greatest boxer of all time and in 2002, Robinson was ranked number one on "The Ring" magazine's list of "80 Best Fighters of the Last 80 Years". Robinson was 85–0 as
Robinson Crusoe economy is that an efficient allocation of resources is achievable. In other words, no economic agent can be made better off without making another economic agent worse off. Let's assume that there is another commodity that Crusoe can produce apart from coconuts, for example, fish. Now, Robinson has to decide how much time to spare for both activities, i.e. how many coconuts to gather and how many fish to hunt. The locus of the various combinations of fish and coconuts that he can produce from devoting different amounts of time to each activity is known as the production possibilities set. This