Do you know Adam Smith? The guy who appears on the back of £20 note. That is right! He is the mastermind behind concepts of free trade, market competition and the morality of private enterprise and his famous book of economics titled “Wealth of Nations” is the cornerstone of all modern day economic policies? Such is the clout of an economist over a nation, its people and its financial system. Calvin Coolidge has rightly said, "Economy is the method by which we prepare today to afford the improvements of tomorrow." Since time immemorial, economists have been providing people with invaluable insights on economic policies, banking, and money at large. They have been the guiding force behind a country’s economic growth and progress. They are the reasons why a layman understands how a foreign and domestic market operates. They help taxpayers make reasoned and rational choices for short-term and long-term financial benefits. Above all, the economists teach us how to manage and use finite resources like time and money. Today we explore the timeline, trivia, and interesting facts on some of America’s most renowned economists in the biographies below.
Milton FriedmanMilton Friedman
31 July 1912
Economist, Statistician
Paul VolckerPaul Volcker
05 September 1927
Former Chair of the Federal Reserve

Alan GreenspanAlan Greenspan
06 March 1926
American economist

Thomas SowellThomas Sowell
30 June 1930
Economist

Peter NavarroPeter Navarro
15 July 1949
Economist

David KahnemanDaniel Kahneman
05 March 1934
American-Israeli psychologist
Ben BernankeBen Bernanke
13 December 1953
Economist

Richard ThalerRichard Thaler
12 September 1945
Nobel Prize Winner in Economics (2017)

Benjamin GrahamBenjamin Graham
09 May 1894
Economist, Investor

Michael PorterMichael Porter
23 May 1947
Economist, Researcher, Author, Advisor, Speaker
Paul SamuelsonPaul Samuelson
15 May 1915
Economist

Henry GeorgeHenry George
02 September 1839
Economist, Politician, Writer
Kenneth ArrowKenneth Arrow
23 August 1921
Economist & Political Theorist

Robert SolowRobert Solow
23 August 1924
Economist

Gary BeckerGary Becker
02 December 1930
Economist
Simon KuznetsSimon Kuznets
30 April 1901
Economist

Harry Max MarkowitzHarry Markowitz
24 August 1927
Economist
Wassily LeontiefWassily Leontief
05 August 1906
Nobel Prize Winner in Economics

Robert C. MertonRobert C. Merton
31 July 1944
Economist

Myron ScholesMyron Scholes
01 July 1941
Economist
Douglass NorthDouglass North
05 November 1920
Economist

Robert Lucas Jr.Robert Lucas Jr.
15 September 1937
Economist
William Forsyth SharpeWilliam F. Sharpe
16 June 1934
Economist

James TobinJames Tobin
05 March 1918
Economist

Robert FogelRobert Fogel
01 July 1926
Economist

John HarsanyiJohn Harsanyi
29 May 1920
Economist
Abhijit BanerjeeAbhijit Banerjee
21 February 1961
Economist
William VickreyWilliam Vickrey
21 June 1914
Nobel Prize Winner in Economics

Lawrence R. KleinLawrence Klein
14 September 1920
Economist

Emily Greene BalchEmily Greene Balch
08 January 1867
Social Activist

Theodore William Schultz Theodore Schultz
30 April 1902
Economist
Joseph E. StiglitzJoseph E. Stiglitz
09 February 1943
Economist & Author

Continue Reading Below
Daniel Little McFaddenDaniel McFadden
29 July 1937
Economist

Lawrence KudlowLawrence Kudlow
20 August 1947
Director of the National Economic Council

Herbert SimonHerbert Simon
15 June 1916
Economist, Political scientist, sociologist,

Gary CohnGary Cohn
27 August 1960
Investment Banker
Merton H. MillerMerton H. Miller
16 May 1923
Economist

George Joseph StiglerGeorge Joseph Stigler
17 January 1911
Economist
Gerard DebreuGerard Debreu
04 July 1921
Economist

Fareed ZakariaFareed Zakaria
20 January 1964
Journalist, Reporter, Essayist, Writer, Economist

Paul KrugmanPaul Krugman
28 February 1953
Columnist, Economist, Essayist, Blogger,
Joseph StiglitzJoseph Stiglitz
09 February 1943
Economist, University teacher, Science writer,

Francis FukuyamaFrancis Fukuyama
27 October 1952
Writer, Political scientist, Blogger, Economist
Frederick Winslow TaylorFrederick Winslow Taylor
20 March 1856
Tennis player, Engineer, Economist, Golfer,

Scott AdamsScott Adams
08 June 1957
Comics artist, Economist, Journalist

Lawrence SummersLawrence Summers
30 November 1954
Economist, University teacher, Professor,

Robert ReichRobert Reich
24 June 1946
Politician

Herbert A. SimonHerbert A. Simon
15 June 1916
Economist, Psychologist, Politician, Sociologist,
Jeffrey SachsJeffrey Sachs
05 November 1954
Economist, University teacher

Janet YellenJanet Yellen
13 August 1946
Economist, Professor, Banker

Elinor OstromElinor Ostrom
07 August 1933
Economist, Political scientist, University teacher

Dan ArielyDan Ariely
29 April 1967
Psychologist
Benoit MandelbrotBenoit Mandelbrot
20 November 1924
Mathematician, Economist, Professor, Scientist,

Thorstein VeblenThorstein Veblen
30 July 1857
Economist, Sociologist, Writer, University teacher
Jeremy RifkinJeremy Rifkin
26 January 1945
Economist, Sociologist, Writer, Prospectivist,

Robert J. ShillerRobert J. Shiller
29 March 1946
Economist, Writer, Educationist, University

Paul WolfowitzPaul Wolfowitz
22 December 1943
Political scientist, Diplomat, Politician,
Peter R. OrszagPeter R. Orszag
16 December 1968
Economist, Banker, Politician

Greg MankiwGreg Mankiw
03 February 1958
Economist, Blogger
George P. ShultzGeorge P. Shultz
13 December 1920
Economist

Immanuel WallersteinImmanuel Wallerstein
28 September 1930
Economist, Geopolitician, Economic historian,

Irving FisherIrving Fisher
27 February 1867
Economist, Statistician
William NordhausWilliam Nordhaus
31 May 1941
Economist

Paul RomerPaul Romer
06 November 1955
economist
James MillJames Mill
06 April 1773
Historian

Eric MaskinEric Maskin
12 December 1950
Economist

Eugene FamaEugene Fama
14 February 1939
Economist, Educationist, University teacher

Mohamed A. El-ErianMohamed A. El-Erian
19 August 1958
Economist
Tyler CowenTyler Cowen
21 January 1962
Economist, Educationist, Writer, Blogger,
James M. BuchananJames M. Buchanan
03 October 1919
Economist, University teacher

David GaleDavid Gale
13 December 1921
Mathematician, Economist

Hyman MinskyHyman Minsky
23 September 1919
Economist

Phil GrammPhil Gramm
08 July 1942
Economist
John Forbes Nash, Jr.John Forbes Nash, Jr.
13 June 1928
Mathematician

George AkerlofGeorge Akerlof
17 June 1940
Economist, Professor

David D. FriedmanDavid D. Friedman
12 February 1945
Economist, Physicist, Blogger, Writer, University

Harry Dexter WhiteHarry Dexter White
09 October 1892
Economist

Austan GoolsbeeAustan Goolsbee
18 August 1969
Economist
Deirdre McCloskeyDeirdre McCloskey
11 September 1942
Economist, Professor, Teacher

Angus DeatonAngus Deaton
19 October 1945
Economist, Professor
Alan KruegerAlan Krueger
17 September 1960
Economist, University teacher

Stanley FischerStanley Fischer
15 October 1943
Economist, Educationist, Writer, Professor, Banker

Walt Whitman RostowWalt Whitman Rostow
07 October 1916
Economist, University teacher
Nouriel RoubiniNouriel Roubini
29 March 1958
Economist, Art collector, University teacher

Leonid HurwiczLeonid Hurwicz
21 August 1917
Mathematician, Economist
Bryan CaplanBryan Caplan
08 April 1971
Economist, University teacher

Raj ChettyRaj Chetty
04 August 1979
Economist, University teacher

Friedrich ListFriedrich List
06 August 1789
Economist, University teacher, Journalist

Paul Craig RobertsPaul Craig Roberts
03 April 1939
Economist, Conspiracy theorist, Journalist
James HeckmanJames Heckman
19 April 1944
Economist, Statistician, University teacher,

Thomas SchellingThomas Schelling
14 April 1921
Economist
Vernon L. SmithVernon L. Smith
01 January 1927
Economist, University teacher

Robert AumannRobert Aumann
08 June 1930
Mathematician, Economist, Educationist, University
Benjamin TuckerBenjamin Tucker
17 April 1854
Journalist, Philosopher, Economist, Translator,

Rexford TugwellRexford Tugwell
10 July 1891
Economist, Academician
Simon NewcombSimon Newcomb
12 March 1835
Astronomer, Mathematician, Economist, Novelist,