#51
Alan Blinder
1945 - Present (79 years)
Alan Stuart Blinder is an American economics professor at Princeton University and is listed among the most influential economists in the world according to IDEAS/RePEc. He is a leading macroeconomist, politically liberal, and a champion of Keynesian economics and policies.
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Jacob Mincer
1922 - 2006 (84 years)
Jacob Mincer , was a father of modern labor economics. He was Joseph L. Buttenwieser Professor of Economics and Social Relations at Columbia University for most of his active life. Biography Born in Tomaszów Lubelski, Poland, in a Jewish family, Mincer survived World War II in concentration camps in Poland and Germany as a teenager. After graduating from Emory University in 1950, Mincer received his PhD from Columbia University in 1957.
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Michael Spence
1943 - Present (81 years)
Andrew Michael Spence is a Canadian-American economist and Nobel laureate. Spence is the William R. Berkley Professor in Economics and Business at the Stern School of Business at New York University, and the Philip H. Knight Professor of Management, Emeritus, and Dean, Emeritus, at the Stanford Graduate School of Business.
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Armen Alchian
1914 - 2013 (99 years)
Armen Albert Alchian was an American economist. He spent almost his entire career at the University of California, Los Angeles . A major microeconomic theorist, he is known as one of the founders of new institutional economics and widely acknowledged for his work on property rights.
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Eric Maskin
1950 - Present (74 years)
Eric Stark Maskin is an American economist and mathematician. He was jointly awarded the 2007 Nobel Memorial Prize in Economic Sciences with Leonid Hurwicz and Roger Myerson "for having laid the foundations of mechanism design theory". He is the Adams University Professor and Professor of Economics and Mathematics at Harvard University.
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Thomas Schelling
1921 - 2016 (95 years)
Thomas Crombie Schelling was an American economist and professor of foreign policy, national security, nuclear strategy, and arms control at the School of Public Policy at University of Maryland, College Park. He was also co-faculty at the New England Complex Systems Institute. He was awarded the 2005 Nobel Memorial Prize in Economic Sciences for "having enhanced our understanding of conflict and cooperation through game-theory analysis."
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Harry Markowitz
1927 - 2023 (96 years)
Harry Max Markowitz was an American economist who received the 1989 John von Neumann Theory Prize and the 1990 Nobel Memorial Prize in Economic Sciences. Markowitz was a professor of finance at the Rady School of Management at the University of California, San Diego . He is best known for his pioneering work in modern portfolio theory, studying the effects of asset risk, return, correlation and diversification on probable investment portfolio returns.
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William Nordhaus
1941 - Present (83 years)
William Dawbney Nordhaus is an American economist, a Sterling Professor of Economics at Yale University, best known for his work in economic modelingling and climate change, and a co-recipient of the 2018 Nobel Memorial Prize in Economic Sciences. Nordhaus received the prize "for integrating climate change into long-run macroeconomic analysis".
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Neil Wallace
1939 - Present (85 years)
Neil Wallace is an American economist and professor of economics at Penn State University. He is considered one of the main proponents of new classical macroeconomics in the field of economics. Education Wallace earned his BA in economics from Columbia University in 1960 and his Ph.D in economics from the University of Chicago in 1964, where he studied under Nobel Prize-winning economist Milton Friedman.
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Robert Barro
1944 - Present (80 years)
Robert Joseph Barro is an American macroeconomist and the Paul M. Warburg Professor of Economics at Harvard University. Barro is considered one of the founders of new classical macroeconomics, along with Robert Lucas Jr. and Thomas J. Sargent. He is currently a senior fellow at Stanford University's Hoover Institution and co-editor of the influential Quarterly Journal of Economics.
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Robin Wells
1959 - Present (65 years)
Robin Elizabeth Wells is an American economist. She is the co-author of several economics texts, mostly with her husband Paul Krugman. Life and career Wells received her BA from the University of Chicago and her PhD from the University of California, Berkeley. Wells did a post-doctoral fellowship at the Massachusetts Institute of Technology. She has taught or done research at the University of Michigan, the University of Southampton, Stanford University, MIT, and Princeton University.
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Lars Peter Hansen
1952 - Present (72 years)
Lars Peter Hansen is an American economist. He is the David Rockefeller Distinguished Service Professor in Economics, Statistics, and the Booth School of Business, at the University of Chicago and a 2013 recipient of the Nobel Memorial Prize in Economics.
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Claudia Goldin
1946 - Present (78 years)
Claudia Dale Goldin is an American economic historian and labor economist. She is the Henry Lee Professor of Economics at Harvard University. In October 2023, she was awarded the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, "for having advanced our understanding of women's labor market outcomes,” as well as the root causes of the gender pay gap. She was the third woman to win the award, and the first woman to win the award solo.
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Anthony Downs
1930 - 2021 (91 years)
Anthony Downs was an American economist specializing in public policy and public administration. His research focuses included political choice theory, rent control, affordable housing, and transportation economics. He wrote a number of books including, An Economic Theory of Democracy and Inside Bureaucracy , which have been major influences on the public choice school of political economy. In Downs's Law of Peak-Hour Traffic Congestion , he accurately predicted that expanding expressways could not reduce traffic congestion, since demand would increase as well, and that reducing speeds incre...
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Robert Fogel
1926 - 2013 (87 years)
Robert William Fogel was an American economic historian and scientist, and winner of the 1993 Nobel Memorial Prize in Economic Sciences. As of his death, he was the Charles R. Walgreen Distinguished Service Professor of American Institutions and director of the Center for Population Economics at the University of Chicago's Booth School of Business. He is best known as an advocate of new economic history – the use of quantitative methods in history.
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Richard D. Wolff
1942 - Present (82 years)
Richard David Wolff is an American Marxian economist known for his work on economic methodology and class analysis. He is a professor emeritus of economics at the University of Massachusetts Amherst and a visiting professor in the graduate program in international affairs of the New School. Wolff has also taught economics at Yale University, City University of New York, University of Utah, University of Paris I , and The Brecht Forum in New York City.
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Merton Miller
1923 - 2000 (77 years)
Merton Howard Miller was an American economist, and the co-author of the Modigliani–Miller theorem , which proposed the irrelevance of debt-equity structure. He shared the Nobel Memorial Prize in Economic Sciences in 1990, along with Harry Markowitz and William F. Sharpe. Miller spent most of his academic career at the University of Chicago's Booth School of Business.
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Tyler Cowen
1962 - Present (62 years)
Tyler Cowen is an American economist, columnist and blogger. He is a professor at George Mason University, where he holds the Holbert L. Harris chair in the economics department. He hosts the economics blog Marginal Revolution, together with co-author Alex Tabarrok. Cowen and Tabarrok also maintain the website Marginal Revolution University, a venture in online education.
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Christopher A. Sims
1942 - Present (82 years)
Christopher Albert Sims is an American econometrician and macroeconomist. He is currently the John J.F. Sherrerd '52 University Professor of Economics at Princeton University. Together with Thomas Sargent, he won the Nobel Memorial Prize in Economic Sciences in 2011. The award cited their "empirical research on cause and effect in the macroeconomy".
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Michael Porter
1947 - Present (77 years)
Michael Eugene Porter is an American academic known for his theories on economics, business strategy, and social causes. He is the Bishop William Lawrence University Professor at Harvard Business School, and was one of the founders of the consulting firm The Monitor Group and FSG, a social impact consultancy. He is credited for creating Porter's five forces analysis, which is instrumental in business strategy development at present. He is generally regarded as the father of the modern strategy field. He is also regarded as one of the world's most influential thinkers on management and competitiveness as well as one of the most influential business strategists.
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Paul Romer
1955 - Present (69 years)
Paul Michael Romer is an American economist and policy entrepreneur who is a University Professor in Economics at Boston College. Romer is best known as the former Chief Economist of the World Bank and for co-receiving the 2018 Nobel Memorial Prize in Economic Sciences for his work in endogenous growth theory. He also coined the term "mathiness," which he describes as misuse of mathematics in economic research.
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John Roemer
1945 - Present (79 years)
John E. Roemer is an American economist and political scientist. He is the Elizabeth S. and A. Varick Stout Professor of Political Science and Economics at Yale University. Before Yale, he was on the economics faculty at the University of California, Davis, and before entering academia Roemer worked for several years as a labor organizer. He is married to Natasha Roemer, with whom he has two daughters.
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Paul Joskow
1947 - Present (77 years)
Paul Lewis Joskow is an American economist and professor. He became President of the Alfred P. Sloan Foundation on January 1, 2008. He is also the Elizabeth and James Killian Professor of Economics, Emeritus at MIT. He has served on the MIT faculty since 1972. From 1994 through 1998 he was Head of the MIT Department of Economics. From 1999 through 2007 he was the Director of the MIT Center for Energy and Environmental Policy Research. Since rejoining in 2018 from his 1988-2007 term, Professor Joskow is Research Associate on the National Bureau of Economic Research .
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William F. Sharpe
1934 - Present (90 years)
William Forsyth Sharpe is an American economist. He is the STANCO 25 Professor of Finance, Emeritus at Stanford University's Graduate School of Business, and the winner of the 1990 Nobel Memorial Prize in Economic Sciences.
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Lloyd Shapley
1923 - 2016 (93 years)
Lloyd Stowell Shapley was an American mathematician and Nobel Memorial Prize-winning economist. He contributed to the fields of mathematical economics and especially game theory. Shapley is generally considered one of the most important contributors to the development of game theory since the work of von Neumann and Morgenstern. With Alvin E. Roth, Shapley won the 2012 Nobel Memorial Prize in Economic Sciences "for the theory of stable allocations and the practice of market design."
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Roger Myerson
1951 - Present (73 years)
Roger Bruce Myerson is an American economist and professor at the University of Chicago. He holds the title of the David L. Pearson Distinguished Service Professor of Global Conflict Studies at The Pearson Institute for the Study and Resolution of Global Conflicts in the Harris School of Public Policy, the Griffin Department of Economics, and the college. Previously, he held the title The Glen A. Lloyd Distinguished Service Professor of Economics. In 2007, he was the winner of the Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel with Leonid Hurwicz and Eric Maskin for "h...
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Robin Hahnel
1946 - Present (78 years)
Robin Eric Hahnel is an American economist and professor emeritus of economics at American University. He was a professor at American University for many years and traveled extensively advising on economic matters all over the world. He is best known for his work on participatory economics with Z Magazine editor Michael Albert.
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Robert J. Shiller
1946 - Present (78 years)
Robert James Shiller is an American economist, academic, and author. As of 2022, he served as a Sterling Professor of Economics at Yale University and is a fellow at the Yale School of Management's International Center for Finance. Shiller has been a research associate of the National Bureau of Economic Research since 1980, was vice president of the American Economic Association in 2005, its president-elect for 2016, and president of the Eastern Economic Association for 2006–2007. He is also the co‑founder and chief economist of the investment management firm MacroMarkets LLC.
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Don Patinkin
1922 - 1995 (73 years)
Don Patinkin was an American-born Israeli monetary economist, and the President of the Hebrew University of Jerusalem. Biography Don Patinkin was born January 8, 1922, in Chicago, to a family of Jewish emigrants from Poland. While doing his undergraduate studies at the University of Chicago, he also studied the Talmud at the Hebrew Theological College in Chicago. He continued at Chicago for his graduate studies, earning a Ph.D. in 1947 under the supervision of Oskar R. Lange. Patinkin was a strong Zionist and, while doing his graduate studies, planned to immigrate to Palestine; in his gradu...
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Michael Albert
1947 - Present (77 years)
Michael Albert is an American economist, speaker, writer, and political critic. Since the late 1970s, he has published books, articles, and other contributions on a wide array of subjects. He has also set up his own media outfits, magazines, and podcasts. He is known for helping to develop the socioeconomic theory of participatory economics.
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Robert C. Merton
1944 - Present (80 years)
Robert Cox Merton is an American economist, Nobel Memorial Prize in Economic Sciences laureate, and professor at the MIT Sloan School of Management, known for his pioneering contributions to continuous-time finance, especially the first continuous-time option pricing model, the Black–Scholes–Merton model. In 1997 Merton together with Myron Scholes were awarded the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for the method to determine the value of derivatives.
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Fischer Black
1938 - 1995 (57 years)
Fischer Sheffey Black was an American economist, best known as one of the authors of the Black–Scholes equation. Background Fischer Sheffey Black was born on January 11, 1938. He graduated from Harvard College in 1959 and received a PhD in applied mathematics from Harvard University in 1964. He was initially expelled from the PhD program due to his inability to settle on a thesis topic, having switched from physics to mathematics, then to computers and artificial intelligence. Black joined the consultancy Bolt, Beranek and Newman, working on a system for artificial intelligence. He spent a summer developing his ideas at the RAND corporation.
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Theodore Schultz
1902 - 1998 (96 years)
Theodore William Schultz was an American Agricultural economist and chairman of the University of Chicago Department of Economics. Schultz rose to national prominence after winning the 1979 Nobel Memorial Prize in Economic Sciences.
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Robert F. Engle
1942 - Present (82 years)
Robert Fry Engle III is an American economist and statistician. He won the 2003 Nobel Memorial Prize in Economic Sciences, sharing the award with Clive Granger, "for methods of analyzing economic time series with time-varying volatility ".
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Peter Diamond
1940 - Present (84 years)
Peter Arthur Diamond is an American economist known for his analysis of U.S. Social Security policy and his work as an advisor to the Advisory Council on Social Security in the late 1980s and 1990s. He was awarded the Nobel Memorial Prize in Economic Sciences in 2010, along with Dale T. Mortensen and Christopher A. Pissarides. He is an Institute Professor at the Massachusetts Institute of Technology. On June 6, 2011, he withdrew his nomination to serve on the Federal Reserve's board of governors, citing intractable Republican opposition for 14 months.
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Maurice Obstfeld
1952 - Present (72 years)
Maurice Moses "Maury" Obstfeld is a professor of economics at the University of California, Berkeley and previously Chief Economist at the International Monetary Fund. He is also a nonresident senior fellow at the Peterson Institute for International Economics.
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Dan Ariely
1967 - Present (57 years)
Dan Ariely is an Israeli-American professor and author. He serves as a James B. Duke Professor of psychology and behavioral economics at Duke University. Ariely is the co-founder of several companies implementing insights from behavioral science. Ariely wrote an advice column called Ask Ariely in the WSJ from June 2012 until September 2022. Ariely is the author of the three New York Times best selling books Predictably Irrational, The Upside of Irrationality and The Honest Truth about Dishonesty. He co-produced the 2015 documentary Honesty: The Truth About Lies.
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Mancur Olson
1932 - 1998 (66 years)
Mancur Lloyd Olson Jr. was an American economist and political scientist who taught at the University of Maryland, College Park. His most influential contributions were in institutional economics, and in the role which private property, taxation, public goods, collective action, and contract rights play in economic development.
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J. Bradford DeLong
1960 - Present (64 years)
James Bradford "Brad" DeLong is an economic historian who is a professor of economics at the University of California, Berkeley. DeLong served as Deputy Assistant Secretary of the U.S. Department of the Treasury in the Clinton Administration under Lawrence Summers.
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Daniel McFadden
1937 - Present (87 years)
Daniel Little McFadden is an American econometrician who shared the 2000 Nobel Memorial Prize in Economic Sciences with James Heckman. McFadden's share of the prize was "for his development of theory and methods for analyzing discrete choice". He is the Presidential Professor of Health Economics at the University of Southern California and Professor of the Graduate School at University of California, Berkeley.
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Robert H. Frank
1945 - Present (79 years)
Robert Harris Frank is the Henrietta Johnson Louis Professor of Management and a professor of economics at the Samuel Curtis Johnson Graduate School of Management at Cornell University. He contributes to the "Economic View" column, which appears every fifth Sunday in The New York Times. Frank has published on the topic of wealth inequality in the United States.
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John Muth
1930 - 2005 (75 years)
John Fraser Muth was an American economist. He is "the father of the rational expectations revolution in economics", primarily due to his article "Rational Expectations and the Theory of Price Movements" from 1961.
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David R. Henderson
1950 - Present (74 years)
David Richard Henderson is a Canadian-born American economist and author who moved to the United States in 1972 and became a U.S. citizen in 1986, serving on President Ronald Reagan's Council of Economic Advisers from 1982 to 1984. A research fellow at Stanford University's Hoover Institution since 1990, he took a teaching position with the Naval Postgraduate School in Monterey, California in 1984, and is now an emeritus professor of economics.
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Bryan Caplan
1971 - Present (53 years)
Bryan Douglas Caplan is an American economist and author. Caplan is a professor of economics at George Mason University, research fellow at the Mercatus Center, adjunct scholar at the Cato Institute, and former contributor to the Freakonomics blog and EconLog. He currently publishes his own blog, Bet on It. Caplan is a self-described "economic libertarian". The bulk of Caplan's academic work is in behavioral economics and public economics, especially public choice theory.
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David Romer
1958 - Present (66 years)
David Hibbard Romer is an American economist, the Herman Royer Professor of Political Economy at the University of California, Berkeley, and the author of a standard textbook in graduate macroeconomics as well as many influential economic papers, particularly in the area of New Keynesian economics. He is also the husband and close collaborator of Council of Economic Advisers former Chairwoman Christina Romer.
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Robert Costanza
1950 - Present (74 years)
Robert Costanza is an American/Australian ecological economist and Professor at the UCL Institute for Global Prosperity, University College London. He is a Fellow of the Academy of the Social Sciences in Australia and a Full Member of the Club of Rome.
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Harold Demsetz
1930 - 2019 (89 years)
Harold Demsetz was an American professor of economics at the University of California at Los Angeles . Career Demsetz grew up on the West Side of Chicago, the grandchild of Jewish immigrants from central and eastern Europe. He studied engineering, forestry, and philosophy at four universities before being awarded a B.A. in economics from the University of Illinois, and an MBA and a Ph.D. from Northwestern University. While a graduate student, he published an article each in Econometrica and the Journal of Political Economy.
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