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.
Thomas SowellThomas Sowell
30 June 1930
Economist
Milton FriedmanMilton Friedman
31 July 1912
Economist, Statistician

Alan GreenspanAlan Greenspan
06 March 1926
American economist

Peter NavarroPeter Navarro
15 July 1949
Economist

Ben BernankeBen Bernanke
13 December 1953
Economist

David KahnemanDaniel Kahneman
05 March 1934
American-Israeli psychologist
Joseph E. StiglitzJoseph E. Stiglitz
09 February 1943
Economist & Author

Abhijit BanerjeeAbhijit Banerjee
21 February 1961
Economist

Lawrence KudlowLawrence Kudlow
20 August 1947
Director of the National Economic Council
Jeffrey SachsJeffrey Sachs
05 November 1954
Economist

Esther DufloEsther Duflo
25 October 1972
American-French Economist
Benjamin GrahamBenjamin Graham
09 May 1894
Economist, Investor

Paul VolckerPaul Volcker
05 September 1927
Former Chair of the Federal Reserve

Peter R. OrszagPeter R. Orszag
16 December 1968
Economist, Banker

Henry GeorgeHenry George
02 September 1839
Economist, Politician, Writer

Richard ThalerRichard Thaler
12 September 1945
Nobel Prize Winner in Economics (2017)
Michael PorterMichael Porter
23 May 1947
Economist, Researcher, Author, Advisor, Speaker

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

Paul SamuelsonPaul Samuelson
15 May 1915
Economist

Thorstein VeblenThorstein Veblen
30 July 1857
Economist
Robert SolowRobert Solow
23 August 1924
Economist

Gary BeckerGary Becker
02 December 1930
Economist
Kenneth ArrowKenneth Arrow
23 August 1921
Economist & Political Theorist

Simon KuznetsSimon Kuznets
30 April 1901
Economist

Harry Max MarkowitzHarry Markowitz
24 August 1927
Economist
George Joseph StiglerGeorge Joseph Stigler
17 January 1911
Economist

Myron ScholesMyron Scholes
01 July 1941
Economist
Daniel Little McFaddenDaniel McFadden
29 July 1937
Economist

Wassily LeontiefWassily Leontief
05 August 1906
Nobel Prize Winner in Economics

James TobinJames Tobin
05 March 1918
Economist
William Forsyth SharpeWilliam F. Sharpe
16 June 1934
Economist

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Robert C. MertonRobert C. Merton
31 July 1944
Economist
Douglass NorthDouglass North
05 November 1920
Economist

Robert Lucas Jr.Robert Lucas Jr.
15 September 1937
Economist

Theodore William Schultz Theodore Schultz
30 April 1902
Economist

Gary CohnGary Cohn
27 August 1960
Investment Banker
John HarsanyiJohn Harsanyi
29 May 1920
Economist
Robert FogelRobert Fogel
01 July 1926
Economist

William VickreyWilliam Vickrey
21 June 1914
Nobel Prize Winner in Economics

Merton H. MillerMerton H. Miller
16 May 1923
Economist

Lawrence R. KleinLawrence Klein
14 September 1920
Economist
Tjalling C. KoopmansTjalling C. Koopmans
28 August 1910
Mathematician

Gerard DebreuGerard Debreu
04 July 1921
Economist

Emily Greene BalchEmily Greene Balch
08 January 1867
Social Activist

Janet YellenJanet Yellen
13 August 1946
Economist

Benoit MandelbrotBenoit Mandelbrot
20 November 1924
Mathematician, Economist, Professor, Scientist,
John Forbes Nash, Jr.John Forbes Nash, Jr.
13 June 1928
Mathematician

Robert ReichRobert Reich
24 June 1946
Politician
Eric WeinsteinEric Weinstein
26 October 1965
Mathematician

George AkerlofGeorge Akerlof
17 June 1940
Economist

Paul KrugmanPaul Krugman
28 February 1953
Columnist, Economist, Essayist, Blogger,
Scott AdamsScott Adams
08 June 1957
Comics artist, Economist, Journalist

Lawrence SummersLawrence Summers
30 November 1954
Economist
Francis FukuyamaFrancis Fukuyama
27 October 1952
Writer, Political scientist, Blogger, Economist

Joseph StiglitzJoseph Stiglitz
09 February 1943
Economist, University teacher, Science writer,

Frederick Winslow TaylorFrederick Winslow Taylor
20 March 1856
Tennis player, Engineer, Economist, Golfer,

Joseph A. SchumpeterJoseph A. Schumpeter
08 February 1883
Economist

Dan ArielyDan Ariely
29 April 1967
Psychologist
Paul A. VolckerPaul A. Volcker
05 September 1927
Economist

Thomas WoodsThomas Woods
01 August 1972
Historian, Writer, Economist

James D. WolfensohnJames D. Wolfensohn
01 December 1933
Lawyer

Paul WolfowitzPaul Wolfowitz
22 December 1943
Political scientist, Diplomat, Politician,
Elinor OstromElinor Ostrom
07 August 1933
Economist, Political scientist, University teacher

Mohamed A. El-ErianMohamed A. El-Erian
19 August 1958
Businessman
Phil GrammPhil Gramm
08 July 1942
Economist

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

Robert J. ShillerRobert J. Shiller
29 March 1946
Economist, Writer, Educationist, University
George P. ShultzGeorge P. Shultz
13 December 1920
Economist

Steven LevittSteven Levitt
29 May 1967
Economist
Arthur LafferArthur Laffer
14 August 1940
Economist

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

Tyler CowenTyler Cowen
21 January 1962
Economist, Educationist, Writer, Blogger,
David D. FriedmanDavid D. Friedman
12 February 1945
Economist, Physicist, Blogger, Writer, University

Irving FisherIrving Fisher
27 February 1867
Economist, Statistician
Austan GoolsbeeAustan Goolsbee
18 August 1969
Economist

Greg MankiwGreg Mankiw
03 February 1958
Economist, Blogger

Harry Dexter WhiteHarry Dexter White
29 October 1892
Economist

James MillJames Mill
06 April 1773
Historian
James M. BuchananJames M. Buchanan
03 October 1919
Economist, University teacher
Paul RomerPaul Romer
06 November 1955
economist

Kevin HassettKevin Hassett
20 March 1962
Economist

James Rodney SchlesingerJames Rodney Schlesinger
15 February 1929
Politician

Nouriel RoubiniNouriel Roubini
29 March 1958
Economist, Art collector, University teacher
Raj ChettyRaj Chetty
04 August 1979
Economist, University teacher

Jason FurmanJason Furman
18 August 1970
Economist

Daniel YerginDaniel Yergin
06 February 1947
Historian, Economist, Writer

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

Angus DeatonAngus Deaton
19 October 1945
Economist
Jeremy RifkinJeremy Rifkin
26 January 1945
Economist, Sociologist, Writer, Prospectivist,

David GaleDavid Gale
13 December 1921
Mathematician, Economist
Hyman MinskyHyman Minsky
23 September 1919
Economist

Walt Whitman RostowWalt Whitman Rostow
07 October 1916
Economist, University teacher
Deirdre McCloskeyDeirdre McCloskey
11 September 1942
Economist, Professor, Teacher
Thomas SchellingThomas Schelling
14 April 1921
Economist