Wassily Leontief was a Russian economist, who made significant contributions to the field of economics by having developed the input-output analysis. His works were principally in creating the field of economic planning and economic growth. This enabled him to receive…
Irving Fisher was an American economist, statistician, inventor and social reformer born in Saugerties, New York on 27th February, 1867. He was one of the most prominent economists of the early 20th century and revolutionized monetary theory. His works had…
Thorstein Bunde Veblen, the influential 20th-century economist and sociologist, was born on July 30, 1857, in Cato Township, Wisconsin. He spent most of his early life in rural Minnesota and attended Carleton College in Northfield, where he graduated in 1880.…
John Bates Clark, born on January 26, 1847, in Providence, Rhode Island, was an American economist who is widely regarded as one of the most influential figures in the field of economics. Throughout his life, Clark was a prolific writer,…
David Ricardo was a British economist who lived during the late 18th and early 19th centuries. He is considered one of the most influential economists of his time and a pioneer of modern economics. His theories on free trade, comparative…
Daron Acemoglu was born on September 3, 1967, in Istanbul, Turkey. He grew up in a family of intellectuals: his mother was a linguist and translator, while his father was a lawyer and a professor of public law. These influences…
Edward C. Banfield was a cultural anthropologist and political scientist who made significant contributions to the study of urbanization and social stratification. He was a contrarian economist, a scholar who challenged the conventional wisdom of his time, and his work…
Edward Prescott is one of the most renowned economists of the 20th century, whose work has had a profound impact on the field of macroeconomics. He received the Nobel Memorial Prize in Economic Sciences in 2004, along with Finn Kydland,…
Eugene Fama is widely regarded as the father of modern finance. He is well-known for his contributions to the efficient market hypothesis, which suggests that financial markets are efficient and reflect all available information. His research has had a profound…
Franco Modigliani was a pioneering economist whose groundbreaking research made a seminal contribution to the field of finance. He was the architect of several important economic and financial theories, including the life-cycle theory of consumption, the Modigliani-Miller theorem, and the…
Daniel Kahneman is one of the most celebrated psychologists and thinkers of our time. His groundbreaking research has helped us better understand how we make decisions, and he has become one of the most influential voices in the world of…
Richard Thaler is an American economist and professor at the University of Chicago Booth School of Business. He is best known for his work in behavioural economics, a field that combines insights from psychology with economic theory. In 2017, Thaler…