SSTjumbo
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Famous People In Economics

Sat May 18, 2002 4:10 am

Hello. As I study for my economics final, could anyone remind me of famous people in economics? I don't have any of my notes from that class right now, but I know of Adam Smith, John M. Keynes, John Bates Clark, and John Baptiste off the top of my head. Who am I missing who is very important? Thanks.
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McRingRing
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RE: Famous People In Economics

Sat May 18, 2002 4:16 am

Chad Thomas. Came up with the 64/40/22/12/grenade formula.

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KROC
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RE: Famous People In Economics

Sat May 18, 2002 4:29 am

Mcringring. Very astute call with Chad Thomas. Don't forget he also pioneered the triple trickle down theory as well.
 
prosa
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RE: Famous People In Economics

Sat May 18, 2002 4:32 am

Milton Friedman is another one.
"Let me think about it" = the coward's way of saying "no"
 
SSTjumbo
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RE: Famous People In Economics

Sat May 18, 2002 4:39 am

PROSA, I remember now that he is another one. Could you tell me what he's famous for? I forgot to mention that I need to know that.
I don't know, so this is my signature.
 
FlyBoeing
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RE: Famous People In Economics

Sat May 18, 2002 4:41 am

Milton Friedman is the big monetarist, popular with the GOP and other "hands off economy" types who believe that the biggest thing that affects the economy is inflation. He's the arch-enemy of Keynes and other types who believe that government intervention can affect the economy and that unemployment is more important.

As far as I can tell, Friedman is my favorite. I also like Paul Krugman.
 
N202PA
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RE: Famous People In Economics

Sat May 18, 2002 4:49 am

Economics degree-holder here. You mentioned some of the major ones, but you'll also probably want to remember Karl Marx and John Stuart Mill, too.

Check out this link for a simple listing:

http://www.frbsf.org/publications/education/unfrmd.great/greattimes.html

And this link for some interesting economics documents:

http://www.economics.ltsn.ac.uk/teaching/history.htm

And this link for the schools of economic thought through the ages:

http://cepa.newschool.edu/het/thought.htm

Hope this helps!
 
desertjets
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RE: Famous People In Economics

Sat May 18, 2002 6:29 am

I am staring at his book right now...

Don't forget James Kenneth Gailbraith... probably the biggest critic of neo-liberal/conservative economics there is right now.

And never ever forget Marx. He was by far the best scholar of Adam Smith and capitalism of his time, not to mention its strongest critic.
Stop drop and roll will not save you in hell. --- seen on a church marque in rural Virginia
 
L-188
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RE: Famous People In Economics

Sat May 18, 2002 11:47 am

F. A. Hayek. Nobel laureate, Teacher of Milton Friedman and inspiration of the monetary policies of both Margaret Thatcher and Ronald Reagan. Wrote the book, "The Road to Serfdom".

Over time the thoughts of Keynes will become more marginalized and outdated. The transition of the US and British economies from the recessions of the 70's to the economic boom of the 1980's, Germany when price controls where abolished post world war II(I can't remember the fellow who ordered that), and Poland's transformation to a market economy is proof of that.

Marx's ideas need to be banished to the pages of history too.
OBAMA-WORST PRESIDENT EVER....Even SKOORB would be better.
 
Guest

RE: Famous People In Economics

Sun May 19, 2002 6:01 am

Heres some Econ Noble prize holders:

> > 1970 - Paul Anthony Samuelson
> > 1971 - Simon Kuznets
> > 1972 - Kenneth Joseph Arrow
> > 1975 - Leonid Kantorovich
> > 1976 - Milton Friedman
> > 1978 - Herbert A. Simon
> > 1980 - Lawrence Robert Klein
> > 1985 - Franco Modigliani
> > 1987 - Robert M. Solow
> > 1990 - Harry Markowitz
> > 1990 - Merton Miller
> > 1992 - Gary Becker
> > 1993 Rober Fogel
 
Guest

RE: Famous People In Economics

Sun May 19, 2002 6:56 am

well... John Nash's equillibrium theory is a huge part of modern economic theory. Don't forget that one.
 
SSTjumbo
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RE: Famous People In Economics

Sun May 19, 2002 9:49 am

Thanks everyone very much. BTW, WHO KEEPS GIVING EACH OF MY THREADS ONE STAR?! Whoever is should stop because you're only making yourself look bad and sacrificing your honor. I hope I don't need to bring this up again
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777236ER
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RE: Famous People In Economics

Sun May 19, 2002 9:50 am

Well obviously you're Matt D in disguise.
Your bone's got a little machine
 
777236ER
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RE: Famous People In Economics

Sun May 19, 2002 9:52 am

Wait, I missed this

Whoever is should stop because you're only making yourself look bad and sacrificing your honor. I hope I don't need to bring this up again

LOL!!
Your bone's got a little machine
 
McRingRing
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RE: Famous People In Economics

Sun May 19, 2002 10:59 am

In the unlikely event that I start an "I'm too lazy to do my own homework" thread, as you did, I give you full permission to give it one star.
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SSTjumbo
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RE: Famous People In Economics

Sun May 19, 2002 11:17 am

Mcringring I am NOT too lazy to do my homework and am simply asking for HELP while I study. Is that too much to ask for? Anyway, thanks again for anyone who chose to help me.
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