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
(Economist)

Adam Smith
12
Birthdate: June 5, 1723
Sun Sign: Gemini
Birthplace: Kirkcaldy, Fife, 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 
Karl Marx
(Philosopher & Economist - Famous for His Theory of 'Marxism' )

Karl Marx
4
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.

 3 
Milton Friedman
(American economist and statistician who received the 1976 Nobel Memorial Prize in Economic Sciences for his research on consumption analysis, monetary history.)

Milton Friedman
7
Birthdate: July 31, 1912
Sun Sign: Leo
Birthplace: Brooklyn, New York, United States
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.

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 4 
Thomas Sowell
(Economist)

Thomas Sowell
10
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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 5 

John Maynard Keynes
10
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.

 6 
Amartya Sen
(Economist & Philosopher)

Amartya Sen
7
Birthdate: November 3, 1933
Sun Sign: Scorpio
Birthplace: Shantiniketan, West Bengal, India
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. 
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 7 
John Stuart Mill
(The Most Influential English-Speaking Philosopher of the Nineteenth Century)

John Stuart Mill
5
Birthdate: May 20, 1806
Sun Sign: Taurus
Birthplace: Pentonville, London, England
Died: May 7, 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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 8 

Friedrich von Hayek
7
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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 9 
Daniel Kahneman
(Psychologist)

Daniel Kahneman
5
Birthdate: March 5, 1934
Sun Sign: Pisces
Birthplace: Tel Aviv-Yafo, 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.

 10 
Thomas Robert Malthus
(Political Economist)

Thomas Robert Malthus
7
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 
Alfred Marshall
(Economist)

Alfred Marshall
3
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.

 12 
Jeffrey Sachs
(Economist)

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

 13 
Paul Samuelson
(Economist)

Paul Samuelson
3
Birthdate: May 15, 1915
Sun Sign: Taurus
Birthplace: Gary, Indiana, United States
Died: December 13, 2009

 14 
Vilfredo Pareto
(Economist, Writer, Philosopher, Sociologist, University teacher)

Vilfredo Pareto
3
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.

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 15 
Ludwig von Mises
(Economist, Philosopher)

Ludwig von Mises
10
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. 

 16 
David Hume
(Best Known for His Highly Influential System of Philosophical Empiricism, Scepticism and Naturalism)

David Hume
4
Birthdate: April 26, 1711
Sun Sign: Taurus
Birthplace: Edinburgh, Scotland
Died: August 25, 1776

Scottish Enlightenment philosopher, historian, and economist, David Hume, is considered one of the most important philosophers to write in English. His book, A Treatise of Human Nature, is counted among the most influential works in the history of philosophy. His works have influenced numerous thinkers, including German philosopher Immanuel Kant and Christian philosopher Joseph Butler.

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 17 
Richard Thaler
(Nobel Prize Winner in Economics (2017))

Richard Thaler
5
Birthdate: September 12, 1945
Sun Sign: Virgo
Birthplace: East Orange, New Jersey, United States

 18 
Rosa Luxemburg
(Revolutionary Socialist, Marxist Philosopher & Anti-War Activist)

Rosa Luxemburg
9
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

 19 
Elinor Ostrom
(Economist, Political scientist, University teacher)

Elinor Ostrom
4
Birthdate: August 7, 1933
Sun Sign: Leo
Birthplace: Los Angeles
Died: June 12, 2012

 20 
Gary Becker
(Economist)

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

 21 
Robert Reich
(Politician)

Robert Reich
9
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.

 22 
Peter Navarro
(Director of the Office of Trade and Manufacturing Policy (2017-21))

Peter Navarro
9
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.

 23 
Eric Weinstein
(Mathematician)

Eric Weinstein
6
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.

 24 
Manmohan Singh
(Former Prime Minister of India)

Manmohan Singh
11
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."

 25 
Ben Bernanke
(14th Chair of the Federal Reserve (2006-2014))

Ben Bernanke
7
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.

 26 
Kenneth Arrow
(Eonomist)

Kenneth Arrow
3
Birthdate: August 23, 1921
Sun Sign: Virgo
Birthplace: New York, New York, United States
Died: February 21, 2017

 27 
Dag Hammarskjöld
(Secretary-General of the United Nations (1953-61))

Dag Hammarskjöld
4
Birthdate: July 29, 1905
Sun Sign: Leo
Birthplace: Jönköping, Sweden
Died: September 18, 1961

Dag Hammarskjöld was a Swedish diplomat and economist. In 1953, Hammarskjöld became the youngest person to be appointed as the Secretary-General of the United Nations. He died in airplane crash in 1961. Dag Hammarskjöld became the first person to be honored with a Nobel Peace Prize posthumously.

 28 
George Osborne
(Politician, Economist)

George Osborne
6
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 
Thabo Mbeki
(Politician, Economist)

Thabo Mbeki
5
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.

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

The queen consort of the Netherlands, Queen Máxima is the daughter of Argentine politician Jorge Zorreguieta. She initially worked in the sales departments of HDFC and Deutsche Bank. She apparently didn’t know she was meeting a prince when she met her husband, King Willem-Alexander, at the Seville Spring Fair.

 31 
Robert J. Shiller
(Economist, Writer, Educationist, University teacher)

Robert J. Shiller
4
Birthdate: March 29, 1946
Sun Sign: Aries
Birthplace: Detroit

 32 
Irving Fisher
(Economist, Statistician)

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

 33 
Joseph E. Stiglitz
(Economist & Author)

Joseph E. Stiglitz
4
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.

 34 
Mario Draghi
(Economist, Banker, University teacher)

Mario Draghi
5
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.

 35 
Lawrence Kudlow
(Director of the National Economic Council)

Lawrence Kudlow
6
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.

 36 
Paul Krugman
(Columnist, Economist, Essayist, Blogger, University teacher, Actor, Pundit, Journalist, Writer)

Paul Krugman
8
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.

 37 
Hyman Minsky
(Economist)

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

 38 
Ronald Coase
(Economist)

Ronald Coase
4
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.

 39 
Raghuram Rajan
(Economist, Governor of the Reserve Bank of India (2013-16))

Raghuram Rajan
7
Birthdate: February 3, 1963
Sun Sign: Aquarius
Birthplace: Bhopal, Madhya Pradesh, India

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.

 40 
Robert Solow
(Economist)

Robert Solow
3
Birthdate: August 23, 1924
Sun Sign: Virgo
Birthplace: Brooklyn, New York, United States

 41 
Jens Stoltenberg
(Economist, Politician)

Jens Stoltenberg
7
Birthdate: March 16, 1959
Sun Sign: Pisces
Birthplace: Oslo

Jens Stoltenberg is a Norwegian politician who served as the Prime Minister of Norway between 2000 and 2013 in two separate terms. An influential politician, Stoltenberg also served as the Minister of Industry and Energy from 1993 to 1996 and Minister of Finance from 1996 to 1997. Jens Stoltenberg is the current Secretary General of NATO.

 42 
Li Keqiang
(Politician, Economist)

Li Keqiang
5
Birthdate: July 1, 1955
Sun Sign: Cancer
Birthplace: Dingyuan County

 43 

Joseph Schumpeter
4
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

 44 
James M. Buchanan
(Economist, University teacher)

James M. Buchanan
4
Birthdate: October 3, 1919
Sun Sign: Libra
Birthplace: Murfreesboro
Died: January 9, 2013

 45 
William Lyon Mackenzie King
(Former Prime Minister of Canada)

William Lyon Mackenzie King
5
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.

 46 
Paul Volcker
(Former Chair of the Federal Reserve)

Paul Volcker
5
Birthdate: September 5, 1927
Sun Sign: Virgo
Birthplace: Cape May, New Jersey, United States
Died: December 8, 2019

 47 
Thomas Piketty
(Economist)

Thomas Piketty
5
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.

 48 
Michael Porter
(Economist, Researcher, Author, Advisor, Speaker and Teacher)

Michael Porter
4
Birthdate: May 23, 1947
Sun Sign: Gemini
Birthplace: Ann Arbor

 49 
George P. Shultz
(Economist)

George P. Shultz
6
Birthdate: December 13, 1920
Sun Sign: Sagittarius
Birthplace: New York, New York, United States

 50 
Anita Bose Pfaff
(Economist)

Anita Bose Pfaff
5
Birthdate: November 29, 1942
Sun Sign: Sagittarius
Birthplace: Vienna, Austria
Anita Bose Pfaff is an economist and the only daughter of Indian freedom fighter Netaji Subhas Chandra Bose and his Austrian wife/companion Emilie Schenkl. Anita was just 4 months old when Netaji left them to fight against the British with Japan’s help. Anita was singlehandedly raised by Emilie.