Norwegian economist. He shared the first Nobel Prize for Economics in 1969 with Jan Tinbergen , a Dutch economist, for pioneering efforts in
Italian-born US economist, noted for his ‘lifecycle hypothesis’ and Modigliani–Miller theorem, established with US economist Merton Miller . He was
British economist. His Theory of Economic Growth (1955) was one of the first textbooks in the post-war era to explore the problems of the developing
Amartya Kumar Sen, Indian economist and philosopher, was born on November 3, 1933, in Santiniketan in the province of West Bengal in India. He was
Soviet mathematical economist who shared the Nobel Prize for Economics in 1975 with Dutch-born US economist Tjalling Koopmans for the independent
US social scientist, computer scientist, and economic psychologist. Much of Simon's career was focused on attacking the economist's concept of
US economist. Sharpe shared the Nobel Prize for Economics in 1990 with US economists Harry Markowitz and Merton Miller for extending Markowitz's
English economist. Hicks is celebrated for his invention of the IS–LM diagram, which expounds the true meaning of English economist John Maynard
Born: June 13, 1928, in Bluefield, West Virginia; American; game theory, Nash equilibrium, mathematics; Major Works: “Equilibrium Points in N -Person
1791–1868, 15th President of the United States (1857–61), b. near Mercersburg, Pa., grad. Dickinson College, 1809. Buchanan studied law at Lancaster,
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Tobin, James, 1918-2002
US economist. Tobin was the USA's most distinguished Keynesian economist, meaning not only that he refused to embrace monetarism, but also that he
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Arrow, Kenneth Joseph, 1921-
US economist. With French-born US economist Gerard Debreu he developed the first rigorous proof of the existence of general equilibrium in a
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Lucas, Robert (1937 - )
US economist. Lucas did not invent the theory of rational expectations but he has been its most vigorous advocate, insisting that, because the
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Coase, R. H. (Ronald Harry)
Ronald H. Coase is a Nobel laureate economist from the University of Chicago. Coase was born in England and studied commerce at the London School of
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Harsanyi, John C.
John C. Harsanyi, one of the leading game theorists of his generation, was awarded the 1994 Nobel Prize in Economics jointly with John F. Nash and
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Hayek, Friedrich A. von (Friedrich August), 1899-1992
Friedrich Hayek (pronounced HI-YACK) achieved worldwide recognition as a champion of the free market and opponent of government intervention in
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Meade, James Edward (1907 - 1995)
English Keynesian economist who shared the Nobel Prize in Economics in 1977 with Swedish economist Bertil Ohlin for his work on international trade.
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Kuznets, Simon (1901 - 1985)
Russian-born US economist. Kuznets was awarded the Nobel Prize for Economics in 1971 for his pre-war efforts in reconstructing the national income and
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Fogel, Robert William
US economic historian who shared the Nobel Prize for Economics with Douglass North for creating ‘cliometrics’, or the New Quantitative Economic
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Klein, Lawrence R. (Lawrence Robert), 1920-2013
US economist. Klein was a leading figure in the golden period of econometric model-building, especially the big econometric model with hundreds of
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Becker, Gary S. (Gary Stanley), 1930-
US economist. He was awarded the Nobel Prize for Economics in 1992 for his work on a comprehensive economic theory of all aspects of human behaviour.
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Solow, Robert (Merton) (1924 - )
US economist, known primarily for his ground-breaking work on growth theory in the 1950s and 1960s. Solow also contributed to macroeconomic analysis
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Debreu, Gerard
French-born US economist. He developed mathematical economic models with US economist Kenneth Arrow , and in 1954 they published an epoch-making paper
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Miller, Merton H. (1923 - 2000)
US economist. Miller shared the Nobel Prize for Economics in 1990 with US economists Harry Markowitz and William Sharpe for pioneering theories on
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Ohlin, Bertil, 1899-1979
Swedish economist and political leader. He shared the 1977 Nobel Prize for Economics with the English economist James Meade for contributions to the
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Mundell, Robert (1932 - )
Canadian economist who received the Nobel Prize in Economics in 1999 for his analysis of the optimum currency area and his work on the scope of
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Allais, Maurice (1911 - 2010)
French economist who won the Nobel Prize for Economics in 1988 for his contributions to the concept of efficiency in the use of resources via the
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Samuelson, Paul A. (Paul Anthony) (1915 - 2009)
US economist. His major works include Foundations of Economic Analysis (1947) and Economics (1948). In 1970 he was awarded the Nobel Prize for
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Tinbergen, Jan (1903 - 1994)
Dutch economist. Tinbergen's work was focused on econometrics (the mathematical-statistical expression of economic theory), with studies of the US and
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Leontief, Wassily (1906 - 1999)
Russian-born US economist whose entire life has been devoted to the development and refinement of a single technical tool, input–output analysis,
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Buchanan, James M. (1919 - 2013)
US economist and the founder of ‘public choice theory’, the economic study of non-market decision-making or, alternatively expressed, the attempt to
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Nash, John, 1752-1835
English architect. His large country-house practice, established about 1796 with the landscape gardener Humphry Repton , used a wide variety of
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North, Douglass C. (Douglass Cecil)
US economic historian at the forefront of the ‘new wave’ that swept through economic history in the 1960s and which attempted to apply the standard
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Kahneman, Daniel (1934 - )
Daniel Kahneman is one of the most renowned psychologists of the twentieth century. His awards include the American Psychological Association’s
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Heckman, James J. (James Joseph)
US economist. Heckman developed methods for evaluating economic and social programmes involving taxes, subsidies, and affirmative action policies, for
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Stone, John Richard Nicholas (1913 - 1991)
English economist and statistician, awarded the Nobel Prize for Economics in 1984, jointly with English economist James Meade , for pioneering
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Myrdal, (Karl) Gunnar (1898 - 1987)
Swedish economist, sociologist, and politician. The Political Element in the Development of Economic Theory (1953), originally published in Swedish in
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Stigler, George (1911 - 1991)
US economist. His analysis of wage rate differences in labour markets is the starting-point of all later work on ‘search models’ of unemployment,
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Friedman, Milton, 1912-2006
Born: July 31, 1912, in Brooklyn, New York; Died: November 16, 2006, in San Francisco, California; American; monetary policy, price theory, public
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Merton, Robert C. (1944 - )
US economist, known for his role in developing the Black and Scholes model , a valuation formula for pricing stock options. Merton and Canadian-born
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Prescott, Edward C. (1940 - )
US economist. He received the 2004 Nobel Prize for Economics for his research on business cycles and time consistency in macroeconomic policy, an
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Vickrey, William S. (William Spencer), 1914-1996
Canadian-born US economist. A Quaker and conscientious objector during World War II, Vickrey spent his alternative service designing a new inheritance
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Maskin, Eric Stark (1950 - )
US mathematician and economist. He won the 2007 Nobel Prize in Economic Sciences in 2007 for his work on the foundations of mechanism design theory,
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Markowitz, Harry M. (1927 - )
US economist. He shared the Nobel Prize for Economics in 1990 with US economists Merton Miller and William Sharpe for pioneering the theory of
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Schultz, Theodore (1902 - 1998)
US agricultural economist. In addition to producing his own work in agriculture, Schultz was an effective popularizer and disseminator of the ideas of
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Mirrlees, James (Alexander) (Jul 5, 1936 - 1996)
Scottish economist who won the Nobel Prize for Economics in 1996, with Canadian-born US economist William Vickrey , for fundamental contributions to