Son of a building contractor, Nobel Memorial Prize-winning Swedish economist and sociologist Gunnar Myrdal attained a Rockefeller fellowship to the U.S. and also taught as a professor. Through his book An American Dilemma, he explored the socio-economic issues of the African-American community and laid down concepts such as cumulative causation.
Bertil Gotthard Ohlin was a Swedish economist best known for developing what became known as the Heckscher–Ohlin model together with Eli Heckscher. He had a long career as a professor of economics at the Stockholm School of Economics. Along with British economist James Meade, he was jointly awarded the Nobel Memorial Prize in Economic Sciences in 1977.