Lists / People
Gunnar Myrdal
circular cumulative causation.
Karl Gunnar Myrdal was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences along with Friedrich Hayek for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." When his wife, Alva Myrdal, received the Nobel Peace Prize in 1982, they became the fourth ever married couple to have won Nobel Prizes, and the first and only to win independent of each other.
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01
Abhijit Banerjee
RCT development framework; Poor Economics.
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02Adam Smith
invisible hand; division of labor.
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03Albert Hirschman
Exit, Voice, and Loyalty; linkages.
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04Alfred Marshall
supply-and-demand; consumer surplus.
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05Alvin Roth
market design; matching theory.
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06Amartya Sen
capability approach; social choice.
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07Amos Tversky
heuristics-and-biases (would-be Nobel; foundational to behavioral econ).
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08Angus Deaton
consumption and welfare measurement.
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Last updated
10 May 2026