Paul Samuelson Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist, and the first American to win the Nobel Memorial Prize in Economic Sciences. The Swedish Royal Academies stated, when awarding the prize, that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".[1] Economic historian Randall E. Parker calls him the "Father of Modern Economics",[2] and The New York Times considered him to be the "foremost academic economist of the 20th century".[3] He entered the University of Chicago at age 16, during the depths of the Great Depression, and received his PhD in economics from Harvard. Biography[edit] Samuelson was born in Gary, Indiana, on May 15, 1915, to Frank Samuelson, a pharmacist, and the former Ella Lipton. During his seven decades as an economist, Samuelson's professional positions included: Death[edit] Impact[edit] Publications[edit] Foundations of Economic Analysis[edit] Economics[edit]
Ben Bernanke Ben Shalom Bernanke[1] (/bərˈnæŋki/ bər-NANG-kee;[2] born December 13, 1953) is an American economist at the Brookings Institution[3] who served two terms as chairman of the Federal Reserve, the central bank of the United States from 2006 to 2014. During his tenure as chairman, Bernanke oversaw the Federal Reserve's response to the late-2000s financial crisis. Before becoming Federal Reserve chairman, Bernanke was a tenured professor at Princeton University and chaired the department of economics there from 1996 to September 2002, when he went on public service leave. Bernanke then served as chairman of President George W. Bush's Council of Economic Advisers before President Bush nominated him to succeed Alan Greenspan as chairman of the United States Federal Reserve. His first term began February 1, 2006. Family and early life[edit] Jonas Bernanke was born in Boryslav, Austria-Hungary (today part of Ukraine), on January 23, 1891. Young adult[edit] Religion[edit] Education[edit] [edit]
Milton Friedman American economist and statistician (1912–2006) Friedman's challenges to what he called "naive Keynesian theory"[12] began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory which would later become part of the mainstream and among the first to propagate the theory of consumption smoothing.[6][13] During the 1960s, he became the main advocate opposing Keynesian government policies,[14] and described his approach (along with mainstream economics) as using "Keynesian language and apparatus" yet rejecting its initial conclusions.[15] He theorized that there existed a natural rate of unemployment and argued that unemployment below this rate would cause inflation to accelerate. Early life[edit] Jenő Saul Friedman, Milton Friedman's father Friedman was born in Brooklyn, New York on July 31, 1912. Milton Friedman and future wife Rose Friedman in 1935 Public service[edit] The NBER, where Friedman worked, starting in 1937 Academic career[edit] Death[edit]
Milton Friedman American economist and statistician (1912–2006) Friedman's challenges to what he called "naive Keynesian theory"[12] began with his interpretation of consumption, which tracks how consumers spend. He introduced a theory which would later become part of the mainstream and among the first to propagate the theory of consumption smoothing.[6][13] During the 1960s, he became the main advocate opposing Keynesian government policies,[14] and described his approach (along with mainstream economics) as using "Keynesian language and apparatus" yet rejecting its initial conclusions.[15] He theorized that there existed a natural rate of unemployment and argued that unemployment below this rate would cause inflation to accelerate. Early life[edit] Jenő Saul Friedman, Milton Friedman's father Friedman was born in Brooklyn, New York on July 31, 1912. Milton Friedman and future wife Rose Friedman in 1935 Public service[edit] The NBER, where Friedman worked, starting in 1937 Academic career[edit] Death[edit]
Paul Krugman Paul Robin Krugman (born February 28, 1953) is an American economist, Professor of Economics and International Affairs at the Woodrow Wilson School of Public and International Affairs at Princeton University, Centenary Professor at the London School of Economics, Distinguished Scholar at the Luxembourg Income Study Center at the CUNY Graduate Center, and an op-ed columnist for The New York Times.[2][3] In 2008, Krugman won the Nobel Memorial Prize in Economic Sciences for his contributions to New Trade Theory and New Economic Geography. According to the prize Committee, the prize was given for Krugman's work explaining the patterns of international trade and the geographic concentration of wealth, by examining the effects of economies of scale and of consumer preferences for diverse goods and services. Krugman is known in academia for his work on international economics (including trade theory, economic geography, and international finance),[5][6] liquidity traps, and currency crises.
Alan Greenspan Alan Greenspan (/ˈælɨn ˈɡriːnspæn/; born March 6, 1926) is an American economist who served as Chairman of the Federal Reserve of the United States from 1987 to 2006. He currently works as a private adviser and provides consulting for firms through his company, Greenspan Associates LLC. First appointed Federal Reserve chairman by President Ronald Reagan in August 1987, he was reappointed at successive four-year intervals until retiring on January 31, 2006 after the second-longest tenure in the position. Greenspan came to the Federal Reserve Board from a successful consulting career. Early life and education[edit] Greenspan was born in the Washington Heights area of New York City. Career[edit] Before the Federal Reserve[edit] During his economic studies at New York University, Greenspan worked under Eugene Banks, a managing director at the Wall Street investment bank Brown Brothers Harriman, working in the firm's equity research department. Chairman of the Federal Reserve[edit] Memoir[edit]
Franco Modigliani Franco Modigliani (Italian: [ˈfraŋko modiʎˈʎani]; June 18, 1918 – September 25, 2003) was an Italian economist naturalized American, a professor at the MIT Sloan School of Management and MIT Department of Economics who won the Nobel Memorial Prize in Economics in 1985. Life and career[edit] Born in Rome, Modigliani left Italy in 1939 because of his Jewish origin and antifascist views. He first went to Paris with the family of his then-girlfriend, Serena, whom he married in 1939, and then to the United States. From 1942 to 1944, he taught at Columbia University and Bard College as an instructor in economics and statistics. In 1944, he obtained his D. When he was a professor at the Graduate School of Industrial Administration of Carnegie Mellon University in the 1950s and early 1960s, Modigliani made two path-breaking contributions to economic science: Along with Merton Miller, he formulated the important Modigliani–Miller theorem in corporate finance (1958). Bibliography[edit]
John Kenneth Galbraith John Kenneth "Ken" Galbraith, OC (properly /ɡælˈbreɪθ/ gal-BRAYTH, but commonly /ˈɡælbreɪθ/ GAL-brayth; 15 October 1908 – 29 April 2006) was a Canadian and, later, American economist, public official, and diplomat, and a leading proponent of 20th-century American liberalism. His books on economic topics were bestsellers from the 1950s through the 2000s, during which time Galbraith fulfilled the role of public intellectual. In macro-economical terms he was a Keynesian and an institutionalist.[2] Galbraith was a long-time Harvard faculty member and stayed with Harvard University for half a century as a professor of economics.[3] He was a prolific author and wrote four dozen books, including several novels, and published more than a thousand articles and essays on various subjects. Life[edit] Early life[edit] His father was a farmer and school teacher. His early years were spent at a one-room school which is still standing, on Willy's Side Road. World War II[edit] Postwar[edit] Family[edit]
EconPapers Kanaal van jodiecongirl Upload economistsdoitwithmodels.com Subscription preferences Loading... Working... jodiecongirl Welcome to jodiecongirl's Channel! 89,734 views 10 months ago This video introduces viewers to jodiecongirl's YouTube channel.For more information and a complete listing of videos and online articles by topic or textbook chapter, see t-shirts and other EDIWM items, see Jodi Beggs - Economists Do It With Read more Practice Problems Play This playlist contains solutions to a variety of practice problems. Microeconomics 101 This playlist goes through the topics covered in a typical introductory microeconomics course. Macroeconomics 101 This playlist goes through the topics covered in an introductory macroeconomics course. Advanced Topics Uploads Related channels on YouTube Add to
Home - Jacon Organisation for Economic Co-operation and Development