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.
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 1 Adam Smith

Adam Smith
8
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.

 2 Milton Friedman

Milton Friedman
6
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.

 3 Thomas Sowell

Thomas Sowell
9
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

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 4 John Maynard Keynes

John Maynard Keynes
7
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.

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 5 Amartya Sen

Amartya Sen
6
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. 

 6 John Stuart Mill

John Stuart Mill
5
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.
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 7 Friedrich von Hayek

Friedrich von Hayek
6
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.

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 8 Daniel Kahneman

Daniel Kahneman
4
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.

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 9 Paul Krugman

Paul Krugman
6
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.

 10 Thomas Robert Malthus

Thomas Robert Malthus
7
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.

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 11 Alan Greenspan

Alan Greenspan
9
Famous As: Economist
Birthdate: March 6, 1926
Sun Sign: Pisces
Birthplace: Washington Heights, New York, United States
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.

 12 Joseph Schumpeter

Joseph Schumpeter
4
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

 13 Alfred Marshall

Alfred Marshall
3
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.

 14 Paul Samuelson

Paul Samuelson
3
Famous As: Economist
Birthdate: May 15, 1915
Sun Sign: Taurus
Birthplace: Gary
Died: December 13, 2009
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 15 Richard Thaler

Richard Thaler
4
Famous As: Nobel Prize Winner in Economics (2017)
Birthdate: September 12, 1945
Sun Sign: Virgo
Birthplace: East Orange, New Jersey, United States

 16 Ludwig von Mises

Ludwig von Mises
7
Famous As: Economist, Philosopher
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. 
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 17 Rosa Luxemburg

Rosa Luxemburg
7
Famous As: Marxist economist
Birthdate: March 5, 1871
Sun Sign: Pisces
Birthplace: Zamosc, Poland
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

 18 Manmohan Singh

Manmohan Singh
10
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."

 19 Vilfredo Pareto

Vilfredo Pareto
3
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.

 20 Robert Reich

Robert Reich
7
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.

 21 Eric Weinstein

Eric Weinstein
4
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.

 22 Jeffrey Sachs

Jeffrey Sachs
7
Famous As: Economist
Birthdate: November 5, 1954
Sun Sign: Scorpio
Birthplace: Detroit, Michigan, United States

 23 Raghuram Rajan

Raghuram Rajan
6
Famous As: Adviser
Birthdate: February 3, 1963
Sun Sign: Aquarius
Birthplace: Bhopal

Raghuram Rajan is an Indian economist who served as the Governor of the Reserve Bank of India from 2013 to 2016. He also served as the 15th Chief Economic Adviser to the Government of India. For his significant contribution in the field of economics, Raghuram Rajan was honored with the Fischer Black Prize by the American Finance Association in 2003.

 24 Elinor Ostrom

Elinor Ostrom
4
Famous As: Economist, Political scientist, University teacher
Birthdate: August 7, 1933
Sun Sign: Leo
Birthplace: Los Angeles
Died: June 12, 2012

 25 Peter Navarro

Peter Navarro
6
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.

 26 Kenneth Arrow

Kenneth Arrow
3
Famous As: Economist & Political Theorist
Birthdate: August 23, 1921
Sun Sign: Virgo
Birthplace: New York City, USA
Died: February 21, 2017

 27 Gary Becker

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

 28 George Osborne

George Osborne
4
Famous As: Politician, Economist
Birthdate: May 23, 1971
Sun Sign: Gemini
Birthplace: London, England

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.

 29 Ben Bernanke

Ben Bernanke
6
Famous As: 14th Chair of the Federal Reserve (2006-2014)
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.

 30 António de Oliveira Salazar

António de Oliveira Salazar
4
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.

 31 Thabo Mbeki

Thabo Mbeki
4
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.

 32 Queen Máxima of the Netherlands

Queen Máxima of the Netherlands
4
Famous As: Queen
Birthdate: May 17, 1971
Sun Sign: Taurus
Birthplace: Buenos Aires, Argentina

 33 Robert J. Shiller

Robert J. Shiller
4
Famous As: Economist, Writer, Educationist, University teacher
Birthdate: March 29, 1946
Sun Sign: Aries
Birthplace: Detroit

 34 Lawrence Kudlow

Lawrence Kudlow
4
Famous As: Director of the National Economic Council
Birthdate: August 20, 1947
Sun Sign: Leo
Birthplace: Englewood, New Jersey

Lawrence Kudlow began his career as staff economist at the Federal Reserve Bank of New York and then served as financial analyst at Wall Street, before joining the Ronald Reagan administration. Later he became an economic media commentator with National Review, and hosted several shows on CNBC. During the Trump administration, he served as Director of the National Economic Council.

 35 Joseph E. Stiglitz

Joseph E. Stiglitz
4
Famous As: Economist & Author
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.

 36 Lawrence Summers

Lawrence Summers
5
Famous As: Economist
Birthdate: November 30, 1954
Sun Sign: Sagittarius
Birthplace: New Haven, Connecticut, United States

Apart from being the president of Harvard, Lawrence Summers has also been the U.S. secretary of the treasury, the World Bank’s chief economist, and the NEC director. The MIT alumnus became one of the youngest tenured faculty members at Harvard. He also writes regularly for The Washington Post.

 37 Scott Adams

Scott Adams
4
Famous As: Comics artist, Economist, Journalist
Birthdate: June 8, 1957
Sun Sign: Gemini
Birthplace: Windham (town), New York

Best known for his iconic comic strip Dilbert, Scott Adams has an MBA degree and has worked in banks and tech firms earlier. The character Dilbert first appeared in Adams’s office presentations and was inspired by his co-workers. His social-media video series, Coffee with Scott Adams, too, was quite popular.

 38 William Lyon Mackenzie King

William Lyon Mackenzie King
4
Famous As: Former Prime Minister of Canada
Birthdate: December 17, 1874
Sun Sign: Sagittarius
Birthplace: Kitchener, Ontario, Canada
Died: July 22, 1950

Canadian statesman and politician Mackenzie King OM CMG PC, was the 10th prime minister of Canada. He held the position for three non-consecutive terms with a total of over 21 years in office and emerged as the longest-serving prime minister in the history of Canada. He remained instrumental in laying the foundations of the Canadian welfare state.

 39 Benoit Mandelbrot

Benoit Mandelbrot
4
Famous As: Mathematician, Economist, Professor, Scientist, Writer, Computer scientist
Birthdate: November 20, 1924
Sun Sign: Scorpio
Birthplace: Warsaw
Died: October 14, 2010

Noted mathematician and polymath, Benoit B. Mandelbrot is perhaps best known for his work on fractal. He not only coined the term, but also used computer-constructed images to illustrate the mathematical definition. Also credited with the discovery of Mandelbrot set and Mandelbrot law, he established that even those things which were apparently chaotic or rough had a "degree of order".

 40 Vicente Fox

Vicente Fox
4
Famous As: Politician, Economist
Birthdate: July 2, 1942
Sun Sign: Cancer
Birthplace: León

 41 Irving Fisher

Irving Fisher
3
Famous As: Economist, Statistician
Birthdate: February 27, 1867
Sun Sign: Pisces
Birthplace: Saugerties
Died: April 29, 1947

 42 Ronald Coase

Ronald Coase
3
Famous As: Economist
Birthdate: December 29, 1910
Sun Sign: Capricorn
Birthplace: Willesden, London, England
Died: September 2, 2013

British-American economist and Nobel laureate Ronald Coase was a significant figure of new institutional economics. As a child, he attended a school for the disabled due to weakness in his legs. The Chicago Law School professor is remembered for his iconic essays such as The Nature of the Firm.

 43 Jens Stoltenberg

Jens Stoltenberg
4
Famous As: Economist, Politician
Birthdate: March 16, 1959
Sun Sign: Pisces
Birthplace: Oslo

 44 Hyman Minsky

Hyman Minsky
3
Famous As: Economist
Birthdate: September 23, 1919
Sun Sign: Libra
Birthplace: Chicago
Died: October 24, 1996

 45 Subramanian Swamy

Subramanian Swamy
9
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.

 46 Robert Solow

Robert Solow
3
Famous As: Economist
Birthdate: August 23, 1924
Sun Sign: Virgo
Birthplace: Brooklyn, New York

 47 James M. Buchanan

James M. Buchanan
3
Famous As: Economist, University teacher
Birthdate: October 3, 1919
Sun Sign: Libra
Birthplace: Murfreesboro
Died: January 9, 2013

 48 Mario Draghi

Mario Draghi
4
Famous As: Economist, Banker, University teacher
Birthdate: September 3, 1947
Sun Sign: Virgo
Birthplace: Rome

The son of a banker father, Italian economist Mario Draghi initially served as the president of the European Central Bank and the Bank of Italy governor, and is the current prime minister of Italy. The media named him Super Mario for efficiently handling the Eurozone debt crisis.

 49 Li Keqiang

Li Keqiang
4
Famous As: Politician, Economist
Birthdate: July 1, 1955
Sun Sign: Cancer
Birthplace: Dingyuan County

 50 Tyler Cowen

Tyler Cowen
3
Famous As: Economist, Educationist, Writer, Blogger, University teacher
Birthdate: January 21, 1962
Sun Sign: Aquarius
Birthplace: Bergen County
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