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.
Peter NavarroPeter Navarro
15 July 1949
Milton FriedmanMilton Friedman
31 July 1912
Economist, Statistician

Alan GreenspanAlan Greenspan
06 March 1926
American economist

Thomas SowellThomas Sowell
30 June 1930

Ben BernankeBen Bernanke
13 December 1953

Abhijit BanerjeeAbhijit Banerjee
21 February 1961
David KahnemanDaniel Kahneman
05 March 1934
American-Israeli psychologist

Benjamin GrahamBenjamin Graham
09 May 1894
Economist, Investor

Jeffrey SachsJeffrey Sachs
05 November 1954
Paul VolckerPaul Volcker
05 September 1927
Former Chair of the Federal Reserve

Richard ThalerRichard Thaler
12 September 1945
Nobel Prize Winner in Economics (2017)
Henry GeorgeHenry George
02 September 1839
Economist, Politician, Writer

Gary CohnGary Cohn
27 August 1960
Investment Banker

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

Paul SamuelsonPaul Samuelson
15 May 1915

Thorstein VeblenThorstein Veblen
30 July 1857
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

Peter R. OrszagPeter R. Orszag
16 December 1968
Economist, Banker
Myron ScholesMyron Scholes
01 July 1941

Robert C. MertonRobert C. Merton
31 July 1944

Wassily LeontiefWassily Leontief
05 August 1906
Nobel Prize Winner in Economics
Lawrence KudlowLawrence Kudlow
20 August 1947
Director of the National Economic Council

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

Douglass NorthDouglass North
05 November 1920

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

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Robert FogelRobert Fogel
01 July 1926
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
Daniel Little McFaddenDaniel McFadden
29 July 1937
Emily Greene BalchEmily Greene Balch
08 January 1867
Social Activist

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

Paul KrugmanPaul Krugman
28 February 1953
Columnist, Economist, Essayist, Blogger,

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

Robert ReichRobert Reich
24 June 1946

Lawrence SummersLawrence Summers
30 November 1954
Joseph StiglitzJoseph Stiglitz
09 February 1943
Economist, University teacher, Science writer,

Mohamed A. El-ErianMohamed A. El-Erian
19 August 1958
Janet YellenJanet Yellen
13 August 1946

Francis FukuyamaFrancis Fukuyama
27 October 1952
Writer, Political scientist, Blogger, Economist

Kevin HassettKevin Hassett
20 March 1962
Scott AdamsScott Adams
08 June 1957
Comics artist, Economist, Journalist

Frederick Winslow TaylorFrederick Winslow Taylor
20 March 1856
Tennis player, Engineer, Economist, Golfer,
Dan ArielyDan Ariely
29 April 1967

Nouriel RoubiniNouriel Roubini
29 March 1958
Economist, Art collector, University teacher

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

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

Herbert A. SimonHerbert A. Simon
15 June 1916
Economist, Psychologist, Politician, Sociologist,
George P. ShultzGeorge P. Shultz
13 December 1920

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

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

Paul RomerPaul Romer
06 November 1955
Tyler CowenTyler Cowen
21 January 1962
Economist, Educationist, Writer, Blogger,

Austan GoolsbeeAustan Goolsbee
18 August 1969
Hyman MinskyHyman Minsky
23 September 1919

Irving FisherIrving Fisher
27 February 1867
Economist, Statistician

Greg MankiwGreg Mankiw
03 February 1958
Economist, Blogger
Eugene FamaEugene Fama
14 February 1939
Economist, Educationist, University teacher

Steven D. LevittSteven Levitt
29 May 1967
James MillJames Mill
06 April 1773

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

James M. BuchananJames M. Buchanan
03 October 1919
Economist, University teacher
Jason FurmanJason Furman
18 August 1970

David D. FriedmanDavid D. Friedman
12 February 1945
Economist, Physicist, Blogger, Writer, University
Jeremy RifkinJeremy Rifkin
26 January 1945
Economist, Sociologist, Writer, Prospectivist,

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

Edward LuttwakEdward Luttwak
04 November 1942
Economist, Geopolitician, Historian, Writer

Harry Dexter WhiteHarry Dexter White
29 October 1892
Phil GrammPhil Gramm
08 July 1942
Angus DeatonAngus Deaton
19 October 1945

Deirdre McCloskeyDeirdre McCloskey
11 September 1942
Economist, Professor, Teacher

George AkerlofGeorge Akerlof
17 June 1940

Stanley FischerStanley Fischer
15 October 1943
Economist, Educationist, Writer, Professor, Banker
Thomas SchellingThomas Schelling
14 April 1921

Oliver E. WilliamsonOliver E. Williamson
27 September 1932
Economist, University teacher

Alan KruegerAlan Krueger
17 September 1960

Walt Whitman RostowWalt Whitman Rostow
07 October 1916
Economist, University teacher

William NordhausWilliam Nordhaus
31 May 1941
Friedrich ListFriedrich List
06 August 1789
Economist, University teacher, Journalist

Pierre Samuel du Pont de NemoursPierre Samuel du Pont de Nemours
14 December 1739
James HeckmanJames Heckman
19 April 1944

Vernon L. SmithVernon L. Smith
01 January 1927
Economist, University teacher
Henry HazlittHenry Hazlitt
28 November 1894
Journalist, Economist, Philosopher
Thomas WoodsThomas Woods
01 August 1972
Historian, Writer, Economist