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
Peter NavarroPeter Navarro
15 July 1949

Milton FriedmanMilton Friedman
31 July 1912
Economist, Statistician

Alan GreenspanAlan Greenspan
06 March 1926
American economist

David KahnemanDaniel Kahneman
05 March 1934
American-Israeli psychologist

Ben BernankeBen Bernanke
13 December 1953
Abhijit BanerjeeAbhijit Banerjee
21 February 1961

Benjamin GrahamBenjamin Graham
09 May 1894
Economist, Investor

Jeffrey SachsJeffrey Sachs
05 November 1954
Henry GeorgeHenry George
02 September 1839
Economist, Politician, Writer

Paul VolckerPaul Volcker
05 September 1927
Former Chair of the Federal Reserve
Richard ThalerRichard Thaler
12 September 1945
Nobel Prize Winner in Economics (2017)

Michael PorterMichael Porter
23 May 1947
Economist, Researcher, Author, Advisor, Speaker

Paul SamuelsonPaul Samuelson
15 May 1915

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

Thorstein VeblenThorstein Veblen
30 July 1857
Gary BeckerGary Becker
02 December 1930

Robert SolowRobert Solow
23 August 1924

Gary CohnGary Cohn
27 August 1960
Investment Banker

Kenneth ArrowKenneth Arrow
23 August 1921
Economist & Political Theorist
Simon KuznetsSimon Kuznets
30 April 1901

Harry Max MarkowitzHarry Markowitz
24 August 1927
William Forsyth SharpeWilliam F. Sharpe
16 June 1934

Daniel Little McFaddenDaniel McFadden
29 July 1937

Myron ScholesMyron Scholes
01 July 1941
Wassily LeontiefWassily Leontief
05 August 1906
Nobel Prize Winner in Economics

Lawrence KudlowLawrence Kudlow
20 August 1947
Director of the National Economic Council
Robert C. MertonRobert C. Merton
31 July 1944

Robert Lucas Jr.Robert Lucas Jr.
15 September 1937

Douglass NorthDouglass North
05 November 1920
Robert FogelRobert Fogel
01 July 1926

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James TobinJames Tobin
05 March 1918
John HarsanyiJohn Harsanyi
29 May 1920

Emily Greene BalchEmily Greene Balch
08 January 1867
Social Activist

Joseph E. StiglitzJoseph E. Stiglitz
09 February 1943
Economist & Author

Lawrence R. KleinLawrence Klein
14 September 1920
Theodore William Schultz Theodore Schultz
30 April 1902
William VickreyWilliam Vickrey
21 June 1914
Nobel Prize Winner in Economics

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

Merton H. MillerMerton H. Miller
16 May 1923

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

Tjalling C. KoopmansTjalling C. Koopmans
28 August 1910

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

Robert ReichRobert Reich
24 June 1946

Paul KrugmanPaul Krugman
28 February 1953
Columnist, Economist, Essayist, Blogger,
Fareed ZakariaFareed Zakaria
20 January 1964
Journalist, Reporter, Essayist, Writer, Economist

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

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

Janet YellenJanet Yellen
13 August 1946
Frederick Winslow TaylorFrederick Winslow Taylor
20 March 1856
Tennis player, Engineer, Economist, Golfer,

Nouriel RoubiniNouriel Roubini
29 March 1958
Economist, Art collector, University teacher
Dan ArielyDan Ariely
29 April 1967

Mohamed A. El-ErianMohamed A. El-Erian
19 August 1958

Benoit MandelbrotBenoit Mandelbrot
20 November 1924
Mathematician, Economist, Professor, Scientist,

Paul WolfowitzPaul Wolfowitz
22 December 1943
Political scientist, Diplomat, Politician,

Robert J. ShillerRobert J. Shiller
29 March 1946
Economist, Writer, Educationist, University
Paul RomerPaul Romer
06 November 1955

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

David GaleDavid Gale
13 December 1921
Mathematician, Economist

James M. BuchananJames M. Buchanan
03 October 1919
Economist, University teacher
Kevin HassettKevin Hassett
20 March 1962

Tyler CowenTyler Cowen
21 January 1962
Economist, Educationist, Writer, Blogger,
James MillJames Mill
06 April 1773

Phil GrammPhil Gramm
08 July 1942

Angus DeatonAngus Deaton
19 October 1945
David D. FriedmanDavid D. Friedman
12 February 1945
Economist, Physicist, Blogger, Writer, University

Irving FisherIrving Fisher
27 February 1867
Economist, Statistician
George P. ShultzGeorge P. Shultz
13 December 1920

Steven D. LevittSteven Levitt
29 May 1967

Austan GoolsbeeAustan Goolsbee
18 August 1969
Immanuel WallersteinImmanuel Wallerstein
28 September 1930
Economist, Geopolitician, Economic historian,

Greg MankiwGreg Mankiw
03 February 1958
Economist, Blogger
Deirdre McCloskeyDeirdre McCloskey
11 September 1942
Economist, Professor, Teacher

John Forbes Nash, Jr.John Forbes Nash, Jr.
13 June 1928

Harry Dexter WhiteHarry Dexter White
29 October 1892

Thomas WoodsThomas Woods
01 August 1972
Historian, Writer, Economist
Eugene FamaEugene Fama
14 February 1939
Economist, Educationist, University teacher
Jeremy RifkinJeremy Rifkin
26 January 1945
Economist, Sociologist, Writer, Prospectivist,

Hyman MinskyHyman Minsky
23 September 1919

Thomas SchellingThomas Schelling
14 April 1921

Alan KruegerAlan Krueger
17 September 1960
Benjamin TuckerBenjamin Tucker
17 April 1854
Journalist, Philosopher, Economist, Translator,

Raj ChettyRaj Chetty
04 August 1979
Economist, University teacher

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

George AkerlofGeorge Akerlof
17 June 1940

Kenneth E. BouldingKenneth E. Boulding
18 January 1910
Economist, University teacher, Philosopher,
Walt Whitman RostowWalt Whitman Rostow
07 October 1916
Economist, University teacher

Walter BlockWalter Block
21 August 1941
William NordhausWilliam Nordhaus
31 May 1941

Jason FurmanJason Furman
18 August 1970
Edward LuttwakEdward Luttwak
04 November 1942
Economist, Geopolitician, Historian, Writer
Henry HazlittHenry Hazlitt
28 November 1894
Journalist, Economist, Philosopher