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
Alan GreenspanAlan Greenspan
06 March 1926
American economist

Thomas SowellThomas Sowell
30 June 1930

David KahnemanDaniel Kahneman
05 March 1934
American-Israeli psychologist

Ben BernankeBen Bernanke
13 December 1953

Benjamin GrahamBenjamin Graham
09 May 1894
Economist, Investor
Richard ThalerRichard Thaler
12 September 1945
Nobel Prize Winner in Economics (2017)

Henry GeorgeHenry George
02 September 1839
Economist, Politician, Writer

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

Paul SamuelsonPaul Samuelson
15 May 1915
Gary BeckerGary Becker
02 December 1930

Robert SolowRobert Solow
23 August 1924
Kenneth ArrowKenneth Arrow
23 August 1921
Economist & Political Theorist

Simon KuznetsSimon Kuznets
30 April 1901

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

Robert C. MertonRobert C. Merton
31 July 1944
Myron ScholesMyron Scholes
01 July 1941

Robert Lucas Jr.Robert Lucas Jr.
15 September 1937

William Forsyth SharpeWilliam F. Sharpe
16 June 1934
Abhijit BanerjeeAbhijit Banerjee
21 February 1961

James TobinJames Tobin
05 March 1918
Douglass NorthDouglass North
05 November 1920

John HarsanyiJohn Harsanyi
29 May 1920

Robert FogelRobert Fogel
01 July 1926

Lawrence KudlowLawrence Kudlow
20 August 1947
Director of the National Economic Council
Joseph E. StiglitzJoseph E. Stiglitz
09 February 1943
Economist & Author
Theodore William Schultz Theodore Schultz
30 April 1902

Lawrence R. KleinLawrence Klein
14 September 1920

William VickreyWilliam Vickrey
21 June 1914
Nobel Prize Winner in Economics

Emily Greene BalchEmily Greene Balch
08 January 1867
Social Activist
Daniel Little McFaddenDaniel McFadden
29 July 1937

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

George Joseph StiglerGeorge Joseph Stigler
17 January 1911

Merton H. MillerMerton H. Miller
16 May 1923

Gerard DebreuGerard Debreu
04 July 1921
Sir Clive William John GrangerSir Clive William John Granger
04 September 1934
British economist

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

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

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

Janet YellenJanet Yellen
13 August 1946
Economist, Professor, Banker
Scott AdamsScott Adams
08 June 1957
Comics artist, Economist, Journalist

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

Robert ReichRobert Reich
24 June 1946

Herbert A. SimonHerbert A. Simon
15 June 1916
Economist, Psychologist, Politician, Sociologist,

Immanuel WallersteinImmanuel Wallerstein
28 September 1930
Economist, Geopolitician, Economic historian,
Paul VolckerPaul Volcker
05 September 1927
Economist, Banker

Jeffrey SachsJeffrey Sachs
05 November 1954
Economist, University teacher

Thorstein VeblenThorstein Veblen
30 July 1857
Economist, Sociologist, Writer, University teacher

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

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

Paul RomerPaul Romer
06 November 1955
Jeremy RifkinJeremy Rifkin
26 January 1945
Economist, Sociologist, Writer, Prospectivist,

Greg MankiwGreg Mankiw
03 February 1958
Economist, Blogger
James MillJames Mill

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

Nouriel RoubiniNouriel Roubini
29 March 1958
Economist, Art collector, University teacher
Alan KruegerAlan Krueger
17 September 1960
Economist, University teacher

James M. BuchananJames M. Buchanan
03 October 1919
Economist, University teacher
Raj ChettyRaj Chetty
04 August 1979
Economist, University teacher

Tyler CowenTyler Cowen
21 January 1962
Economist, Educationist, Writer, Blogger,

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

Irving FisherIrving Fisher
27 February 1867
Economist, Statistician
Hyman MinskyHyman Minsky
23 September 1919
Harry Dexter WhiteHarry Dexter White
09 October 1892

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

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

George AkerlofGeorge Akerlof
17 June 1940
Economist, Professor
Angus DeatonAngus Deaton
19 October 1945
Economist, Professor

Thomas SchellingThomas Schelling
14 April 1921

Paul Craig RobertsPaul Craig Roberts
03 April 1939
Economist, Conspiracy theorist, Journalist

Austan GoolsbeeAustan Goolsbee
18 August 1969

Walt Whitman RostowWalt Whitman Rostow
07 October 1916
Economist, University teacher
George StiglerGeorge Stigler
17 January 1911

Deirdre McCloskeyDeirdre McCloskey
11 September 1942
Economist, Professor, Teacher
Daniel YerginDaniel Yergin
06 February 1947
Historian, Economist, Writer

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

Rexford TugwellRexford Tugwell
10 July 1891
Economist, Academician
Thomas WoodsThomas Woods
01 August 1972
Historian, Writer, Economist

Benjamin TuckerBenjamin Tucker
17 April 1854
Journalist, Philosopher, Economist, Translator,
Vernon L. SmithVernon L. Smith
01 January 1927
Economist, University teacher

Henry HazlittHenry Hazlitt
28 November 1894
Journalist, Economist, Philosopher

Simon NewcombSimon Newcomb
12 March 1835
Astronomer, Mathematician, Economist, Novelist,

Warren BennisWarren Bennis
08 March 1925
Writer, Economist, Psychologist
Martin FeldsteinMartin Feldstein
25 November 1939
Economist, University teacher, Professor

Robert AumannRobert Aumann
08 June 1930
Mathematician, Economist, Educationist, University
Bryan CaplanBryan Caplan
08 April 1971
Economist, University teacher

Jason FurmanJason Furman
18 August 1970
Kenneth E. BouldingKenneth E. Boulding
18 January 1910
Economist, University teacher, Philosopher,

Leonid HurwiczLeonid Hurwicz
21 August 1917
Mathematician, Economist
Chris ArgyrisChris Argyris
16 July 1923
Economist, Psychologist, University teacher