Economists

An economist is a person who has studied and is well versed with the policies and practices in the field of economics. Not only are these people well versed with the intricacies of economics but are also the very people who create, propose and even implement certain policies that are designed to better serve they work for. The sectors where they are found generally include the private sector and the public sector or the government sector. While most colleges offer courses in the study of economics, which can take up to 6 years to complete, there have been instances where some of the most notable economists come for backgrounds that may vary from mathematics to sociology and even history. The field of economics even has Nobel Prize associated with it. The list of Nobel laureates in economics include names like Amartya Sen, who got it for his work on welfare economics, Daniel Kahneman, who got the award for his work with the integration of learning’s from phycology into economic science and Elinor Ostrom who was awarded this prestigious honour for her work in the field of economic governance. What follows is a collection of the biographies, including the life story, trivia, interesting facts and timelines, of some such famous economists.
More From Economists

This ranking is based on an algorithm that combines various factors, including the votes of our users and search trends on the internet.

Vote for Your Favourite Economists

 1 Karl Marx

Karl Marx.
4
Famous As: Philosopher
Birthdate: May 5, 1818
Sun Sign: Taurus
Birthplace: Trier, Germany
Died: March 14, 1883

Karl Marx, the philosopher, economist, political theorist and socialist revolutionary, is best-known for the 1848 pamphlet, The Communist Manifesto and the three-volume Das Kapital. His theories, called Marxism, maintained that class conflict leads to the development of human societies and that internal tension were inherent in capitalism, which would ultimately be replaced by the socialist mode of production.

 2 Adam Smith

Adam Smith.
2
Famous As: Economist and Philosopher
Birthdate: June 16, 1723
Sun Sign: Gemini
Birthplace: Kirkcaldy, Scotland
Died: July 17, 1790

Widely considered The Father of Economics, Adam Smith was a Scottish philosopher and economist. A pioneer of political economy, Adam Smith played a major role during the Scottish Enlightenment. His book The Wealth of Nations is regarded as the first modern work of economics and a forerunner of today's academic discipline of economics.

Recommended Lists:

 3 Milton Friedman

Milton Friedman.
2
Famous As: Economist, Statistician
Birthdate: July 31, 1912
Sun Sign: Leo
Birthplace: Brooklyn, New York, USA
Died: November 16, 2006

Milton Friedman was an American economist. Widely regarded as one of the most influential economists of the 20th century, Friedman was honored with the Nobel Memorial Prize in Economic Sciences in 1976. One of the most influential personalities of the Chicago school of economics, Friedman mentored people like Gary Becker and Thomas Sowell who went on to become leading economists.

 4 John Maynard Keynes

John Maynard Keynes.
2
Famous As: Economist
Birthdate: June 5, 1883
Sun Sign: Gemini
Birthplace: Cambridge ,England
Died: April 21, 1946

John Maynard Keynes was an English economist. His ideas are credited with changing the theory and practice of the economic policies and macroeconomics of governments at a fundamental level. Counted among the 20th century's most influential economists, Keynes' ideas are the basis for Keynesian economics. In 1999, he was named in Time magazine's Most Important People of the Century list.

Recommended Lists:

 5 Thomas Sowell

Thomas Sowell.
2
Famous As: Economist
Birthdate: June 30, 1930
Sun Sign: Cancer
Birthplace: Gastonia, North Carolina

One of the few personalities known for his disdain of self-promotion, Thomas Sowell is an important American social theorist and economist. Over the years, he has played a prominent role working as a faculty member of many prestigious universities, such as the University of California, Los Angeles (UCLA) and Cornell University

 6 Amartya Sen

Amartya Sen.
2
Famous As: Economist & Philosopher
Birthdate: November 3, 1933
Sun Sign: Scorpio
Birthplace: Santiniketan
Indian economist Amartya Sen was awarded the 1998 Nobel Prize in Economic Sciences for his contributions to welfare economics and social choice theory. Sen is known for his development of more sophisticated measures of poverty, and also for his work on the causes and prevention of famines. He is considered an important contemporary liberal thinker for his views about the nature and primacy of liberty. 
Recommended Lists:

 7 John Stuart Mill

John Stuart Mill.
0
Famous As: British Philosopher and Civil Servant.
Birthdate: May 20, 1806
Sun Sign: Taurus
Birthplace: Pentonville, London, England
Died: May 8, 1873
Nineteenth-century philosopher John Stuart Mill is best remembered for his work On Liberty, which spoke of personal freedom and "the harm principle.” His The Subjection of Women was one of the first works written by a male author that promoted women's rights. He supported Jeremy Bentham's ethical utilitarianism.
You May Like

 8 Alan Greenspan

Alan Greenspan.
2
Famous As: American economist
Birthdate: March 6, 1926
Sun Sign: Pisces
Birthplace: New York City
Economist Alan Greenspan chaired the U.S. Federal Reserve from 1987 to 2006. It is believed that his easy money policies had caused the subprime mortgage crisis of 2008. He now works as a consultant through his organization Greenspan Associates LLC. He was also trained in clarinet at the Juilliard School.
Recommended Lists:

 9 Friedrich von Hayek

Friedrich von Hayek.
2
Famous As: Economist
Birthdate: May 8, 1899
Sun Sign: Taurus
Birthplace: Vienna, Austria
Died: March 23, 1992

A winner of the Nobel Memorial Prize in Economic Sciences, Friedrich von Hayek, was an advocate of classical liberalism. The Austrian-British economist, who was also a political philosopher, co-founded the Mont Pelerin Society. He worked at the London School of Economics, the University of Chicago and the University of Freiburg and authored the popular book, The Road to Serfdom.

 10 Paul Krugman

Paul Krugman
2
Famous As: Columnist, Economist, Essayist, Blogger, University teacher, Actor, Pundit, Journalist, Writer
Birthdate: February 28, 1953
Sun Sign: Pisces
Birthplace: Albany

Economist Paul Krugman, who has taught at Yale, MIT, and Princeton, later won the Nobel Memorial Prize in Economic Sciences, primarily for his work on the new trade theory and economic geography. He has also gained popularity for his op-ed column in The New York Times.

Recommended Lists:

 11 Thomas Robert Malthus

Thomas Robert Malthus.
2
Famous As: Political Economist
Birthdate: February 13, 1766
Sun Sign: Aquarius
Birthplace: Surrey, England
Died: December 23, 1834

Thomas Robert Malthus was an English economist and demographer, who viewed poverty as man’s unavoidable destiny. Author of An Essay on the Principle of Population; he believed that increase in national food production results in feeling of well-being, leading to population growth, which in turn results in poverty. Commonly referred as Malthusianism, it made immediate impact on British social policy.

 12 Daniel Kahneman

David Kahneman.
0
Famous As: American-Israeli psychologist
Birthdate: March 5, 1934
Sun Sign: Pisces
Birthplace: Tel Aviv, Israel

Daniel Kahneman is an Israeli economist and psychologist. He was honored with the 2002 Nobel Memorial Prize in Economic Sciences for his work on behavioral economics. In 2011, Kahneman was named among the top global thinkers by Foreign Policy magazine. In 2015, Daniel Kahneman was ranked seventh in the most influential economist in the world list published by The Economist.

 13 Joseph Stiglitz

Joseph Stiglitz
0
Famous As: Economist, University teacher, Science writer, Non-fiction writer, Professor, Critic, Writer, Scientist
Birthdate: February 9, 1943
Sun Sign: Aquarius
Birthplace: Gary
Nobel laureate Joseph E. Stiglitz is best known for his work on the theory of markets with asymmetric information. The MIT alumnus has taught at prestigious institutes such as Harvard and Stanford and currently teaches at Columbia University, He has been an economic advisor to the U.S. government, too.

 14 Joseph Schumpeter

Joseph Schumpeter.
0
Famous As: Economist
Birthdate: February 8, 1883
Sun Sign: Aquarius
Birthplace: Třešť, Czechia
Died: January 8, 1950
Business students remember Austrian economist and sociologist Joseph Schumpeter for his contribution to the concepts of entrepreneurship, creative destruction, and business cycles. An academic, who had also taught at Harvard, Schumpeter believed capitalism would someday automatically give way to socialism, a thought he expressed in Capitalism, Socialism, and Democracy
Recommended Lists:

 15 Richard Thaler

Richard Thaler.
0
Famous As: Nobel Prize Winner in Economics (2017)
Birthdate: September 12, 1945
Sun Sign: Virgo
Birthplace: East Orange, New Jersey, United States

 16 Thomas Piketty

Thomas Piketty
0
Famous As: Economist
Birthdate: May 7, 1971
Sun Sign: Taurus
Birthplace: Clichy, France

French economist and professor Thomas Piketty is best known for his book Capital in the Twenty-first Century, which became a New York Times bestseller. He has taught at prestigious institutes such as LSE and MIT. He proposed taxing the rich to prevent high incomes and not merely to increase government revenue.

Recommended Lists:

 17 Ludwig von Mises

Ludwig von Mises.
2
Famous As: Economist, Philosopher, Sociologist
Birthdate: September 29, 1881
Sun Sign: Libra
Birthplace: Lviv, Ukraine
Died: October 10, 1973
A polyglot at age 12, Austrian School economist Ludwig von Mises grew up to acquire a doctorate in law and taught at the universities of New York and Vienna. Known for his works such as The Anti-Capitalistic Mentality, he supported free-market liberalism and opposed socialism. 

 18 Murray Rothbard

Murray Rothbard.
0
Famous As: Economist
Birthdate: March 2, 1926
Sun Sign: Pisces
Birthplace: Bronx, New York, United States
Died: January 7, 1995

 19 Jeffrey Sachs

Jeffrey Sachs.
0
Famous As: Economist
Birthdate: November 5, 1954
Sun Sign: Scorpio
Birthplace: Detroit, Michigan, United States

 20 Alexander Hamilton

Alexander Hamilton.
0
Famous As: Founding Father of the USA, Political Philosopher
Birthdate: January 11, 1755
Sun Sign: Capricorn
Birthplace: Nevis, British West Indies
Died: July 12, 1804

Known as America’s one of the most influential Founding Fathers, Alexander Hamilton was a delegate to the Constitutional Convention and served as the first secretary of the treasury. He also fought in the American Revolutionary War and was considered as a leading votary of the strong central government.

 21 Paul Samuelson

Paul Samuelson.
0
Famous As: Economist
Birthdate: May 15, 1915
Sun Sign: Taurus
Birthplace: Gary
Died: December 13, 2009

 22 Vallabhbhai Patel

Vallabhbhai Patel
0
Famous As: Politician, Lawyer, Economist
Birthdate: October 31, 1875
Sun Sign: Scorpio
Birthplace: Gujarat
Died: December 15, 1950

 23 Alfred Marshall

Alfred Marshall .
0
Famous As: Economist
Birthdate: July 26, 1842
Sun Sign: Leo
Birthplace: Bermondsey
Died: July 13, 1924

One of the co-founders of the English neoclassical school of economics, 19th-century economist Alfred Marshall is best remembered for his path-breaking book Principles of Economics. His studies on topics such as marginal utility, consumer’s surplus, and the elasticity of demand, enriched the field of economics for years to come.

 24 Janet Yellen

Janet Yellen
2
Famous As: Economist
Birthdate: August 13, 1946
Sun Sign: Leo
Birthplace: New York, New York, United States

Economist Janet Yellen has had an illustrious career as an academic and researcher, and has taught at Harvard University and other reputed institutes. After chairing the Federal Reserve for 4 years, she is now the United States Secretary of the Treasury. She is married to Nobel-winning economist George Akerlof.

 25 Vilfredo Pareto

Vilfredo Pareto
0
Famous As: Economist, Writer, Philosopher, Sociologist, University teacher
Birthdate: July 15, 1848
Sun Sign: Cancer
Birthplace: Paris
Died: August 19, 1923

A qualified civil engineer, Vilfredo Pareto had initially worked for the railways and the ironworks. However, he gradually deviated to philosophy, sociology, and politics and gained fame for his application of math to economic issues and his introduction of Pareto efficiency. Mind and Society remains his best-known work.

 26 Max Weber

Maximilian Carl Emil Weber.
0
Famous As: Sociologist
Birthdate: April 21, 1864
Sun Sign: Taurus
Birthplace: Erfurt, Germany
Died: June 14, 1920

Max Weber was a German historian, political economist, jurist, and sociologist. Widely regarded as one of the most influential and important theorists, Weber's ideas had a profound influence on social research and social theory. Although he did not see himself as a sociologist, Weber is often counted among the fathers of sociology alongside Émile Durkheim, Auguste Comte, and Karl Marx.

 27 Thorstein Veblen

Thorstein Veblen.
0
Famous As: Economist
Birthdate: July 30, 1857
Sun Sign: Leo
Birthplace: Cato, Wisconsin, United States
Died: August 3, 1929

 28 Manmohan Singh

Manmohan Singh.
4
Famous As: Former Prime Minister of India
Birthdate: September 26, 1932
Sun Sign: Libra
Birthplace: Gah, Punjab, British India (present-day Punjab, Pakistan)

The 13th Prime Minister of India, Manmohan Singh became the first Sikh in office when he took office in 2004. A prominent economist and academic, he held several key posts in the Government of India in the 1970s and 1980s. Known for his humility, he  has been described by the media as "one of the world's most revered leaders."

 29 Elinor Ostrom

Elinor Ostrom
0
Famous As: Economist, Political scientist, University teacher
Birthdate: August 7, 1933
Sun Sign: Leo
Birthplace: Los Angeles
Died: June 12, 2012

 30 Rosa Luxemburg

Rosa Luxemburg.
2
Famous As: Marxist Theorist
Birthdate: March 5, 1871
Sun Sign: Pisces
Birthplace: Zamos'c'
Died: January 15, 1919
Polish Marxist and socialist revolutionary Rosa Luxemburg was a member of parties such as the SPD, the USPD, and the KPD. Luxemburg was an anti-war activist and taught economics and Marxism at SPD's Berlin training center. She was assassinated by the Freikorps troops during the German Revolution

 31 Robert Reich

Robert Reich
0
Famous As: Politician
Birthdate: June 24, 1946
Sun Sign: Cancer
Birthplace: Scranton, Pennsylvania, USA

Economist and University of California, Berkeley professor Robert Reich has also been the U.S. secretary of labor. His rare bone disorder made him a victim of bullies in childhood, but he later won the Rhodes Scholarship to Oxford. His bestselling book Saving Capitalism was made into a Netflix documentary.

 32 George Osborne

George Osborne
0
Famous As: Politician, Economist
Birthdate: May 23, 1971
Sun Sign: Gemini
Birthplace: Paddington

Conservative Party politician George Osborne is the son of Osborne & Little co-founder Sir Peter Osborne. He initially aspired to be a journalist but started his career as an MP from Tatton and later served as the Chancellor Of The Exchequer and the First Secretary of State of the U.K.

 33 Robert J. Shiller

Robert J. Shiller
0
Famous As: Economist, Writer, Educationist, University teacher
Birthdate: March 29, 1946
Sun Sign: Aries
Birthplace: Detroit

 34 Raghuram Rajan

Raghuram Rajan.
2
Famous As: Adviser
Birthdate: February 3, 1963
Sun Sign: Aquarius
Birthplace: Bhopal

 35 Arthur Laffer

Arthur Laffer
2
Famous As: Economist
Birthdate: August 14, 1940
Sun Sign: Leo
Birthplace: Youngstown, Ohio, United States

Yale and Stanford alumnus Arthur Laffer is now one of the greatest economists of the U.S. Best known for his Laffer curve and his theory of taxes that explained how low tax rates could eventually provide higher revenues, he has been crucial to the American tax system.

 36 Eric Weinstein

Eric Weinstein
0
Famous As: Mathematician
Birthdate: October 26, 1965
Sun Sign: Scorpio
Birthplace: Los Angeles, California, United States

Apart from being the MD of Thiel Capital, mathematician and economist Eric Weinstein is also a researcher at Oxford. The Harvard alumnus had quit academia for 20 years before he returned again. He coined the term “intellectual dark web” and works on topics such as gauge theory, risk management, and immigration.

 37 Ben Bernanke

Ben Bernanke.
2
Famous As: Economist
Birthdate: December 13, 1953
Sun Sign: Sagittarius
Birthplace: Augusta, Georgia, United States

Ben Bernanke is an American economist who served two terms as the chair of the Board of Governors of the Federal Reserve System from 2006 to 2014, during which he supervised the Federal Reserve's response to the global financial crisis (GFC). For his efforts during GFC, Ben Bernanke was named Time Person of the Year in 2009.

 38 Peter Navarro

Peter Navarro.
0
Famous As: Economist
Birthdate: July 15, 1949
Sun Sign: Cancer
Birthplace: Cambridge, Massachusetts, United States
Economist and writer Peter Navarro has served as the Director of the Office of Trade and Manufacturing Policy and the Director of the National Trade Council under former president Donald Trump. He has also authored books such as Death by China and taught at the University of California.

 39 Gary Becker

Gary Becker.
0
Famous As: Economist
Birthdate: December 2, 1930
Sun Sign: Sagittarius
Birthplace: Pottsville, Pennsylvania, United States
Died: May 3, 2014

 40 Subramanian Swamy

Subramanian Swamy
5
Famous As: Economist, Politician, Author
Birthdate: September 15, 1939
Sun Sign: Virgo
Birthplace: Mylapore

Indian politician Subramanian Swamy, who is a BJP MP, has also been the president of the Janata Party earlier. Known for his far-right views, he was previously a professor economics at IIT, Delhi. He boasts of a PhD from Harvard and has penned several books, such as Terrorism in India.

 41 Niall Ferguson

Niall Ferguson
0
Famous As: Writer, Economic historian, Historian, University teacher, Journalist, Economist
Birthdate: April 18, 1964
Sun Sign: Aries
Birthplace: Glasgow

Harvard professor and Stanford senior fellow Niall Ferguson is a Scottish historian who has penned countless books, such as The Pity of War and The House of Rothschild. Named to Time 100 in 2004, he also created an Emmy-winning series, The Ascent of Money and wrote for Bloomberg.

 42 Kenneth Arrow

Kenneth Arrow.
0
Famous As: Economist & Political Theorist
Birthdate: August 23, 1921
Sun Sign: Virgo
Birthplace: New York City, USA
Died: February 21, 2017

 43 Vicente Fox

Vicente Fox
0
Famous As: Politician, Economist
Birthdate: July 2, 1942
Sun Sign: Cancer
Birthplace: León

 44 António de Oliveira Salazar

António de Oliveira Salazar.
0
Famous As: Former Acting President of Portugal
Birthdate: April 28, 1889
Sun Sign: Taurus
Birthplace: Vimieiro (Santa Comba Dão), Portugal
Died: July 27, 1970
Portuguese economist António de Oliveira Salazar had been the prime minister of Portugal from 1932 to 1968. He had also been the minister of defense and finance, among others. He led to the Estado Novo, or New State, in Portugal. He opposed Nazism and fascism, and demilitarized his country.

 45 Dominique Strauss-Kahn

Dominique Strauss-Kahn
0
Famous As: Economist, Politician, Lawyer, University teacher
Birthdate: April 25, 1949
Sun Sign: Taurus
Birthplace: Neuilly-sur-Seine
French economist and former MD of IMF, Dominique Strauss-Kahn grew up in Morocco, where his parents worked. Before joining politics, he taught economics. He has been in the midst of many controversies, including a sex scandal, in which a hotel maid accused him of sexual assault.

 46 Sepp Blatter

Sepp Blatter
0
Famous As: Functionary, Economist
Birthdate: March 10, 1936
Sun Sign: Pisces
Birthplace: Visp

 47 Robert Solow

Robert Solow.
0
Famous As: Economist
Birthdate: August 23, 1924
Sun Sign: Virgo
Birthplace: Brooklyn, New York

 48 Thabo Mbeki

Thabo Mbeki
0
Famous As: Politician, Economist
Birthdate: June 18, 1942
Sun Sign: Gemini
Birthplace: Transkei

Thabo Mbeki is a South African politician who is currently serving as the chancellor of the University of South Africa. From 1999 to 2008, he served as the president of South Africa. During his tenure as the president, the South African economy grew, creating employment opportunities. Over the years, he has received several awards, including the prestigious Good Governance Award.

 49 Auguste Comte

Auguste Comte.
0
Famous As: Philosopher
Birthdate: January 19, 1798
Sun Sign: Capricorn
Birthplace: Montpellier, France
Died: September 5, 1857
Known as the pioneer of sociology and positivism, philosopher Auguste Comte had an elite schooling at the prestigious École Polytechnique. Though infamous for being egocentric, he was known for his dedication to society and social upliftment. He authored The Positive Philosophy and was influenced by Henri de Saint-Simon.

 50 Irving Fisher

Irving Fisher
0
Famous As: Economist, Statistician
Birthdate: February 27, 1867
Sun Sign: Pisces
Birthplace: Saugerties
Died: April 29, 1947
See Also