Top ten most influential economists
1. Joseph Stiglitz
His full name is Joseph Eugene Stiglitz. He was born on 9th February 1943. He is an American economist, a professor at Columbian University, and a public policy analyst. He was awarded with the Noble Memorial Prize in Economic Sciences in 2001. He is also awarded with John Bates Clark Medal in 1979. He founded the Initiative for Policy Dialogue in 2000, when he was researching on international development based at Columbia University.
2. Michael Porter
Michael’s full name is Michael Eugene Porter. He is an American academic who is well known for his theories on economics and social causes. At Harvard Business School, Michael was the Bishop William Lawrence University professor. He was considered as one of the founders of the consulting law firm The Monitor Group which is now a part of Deloitte. He was the author of 18 books and numerous articles. This include Competitive strategy, Competitive advantage of Nations, Competitive advantage, and On Competition. He can be regarded as the most cited author in business and economics because he was awarded with best Harvard Business Review article of the year.
3. Ben Bernanke
His full name is Ben Shalom Bernanke. He is an American economist at Brookings Institution. He served two terms as the Chair of the Federal Reserve, the Central Bank of United States from 2006 to 2014. He overlooked the Federal Reserve’s response to the late 2000’s financial crisis during his tenure as a Chair. He was a member of the Board of Governors of the Federal Reserve System from August 5 th 2002 until June 21 2005. At that time, he proposed the Bernanke Doctrine and first discussed the Great Moderation. He also worked in second term. It began on January 28 2010. For the second time, he was being renominated by Barak Obama.
4. Jean Tirole
Jean Tirole was born on 9 th August 1953. He is a French professor of economics. He mainly focuses on industrial organization, banking and finance, economics and psychology, and game theory. He was awarded as the Nobel Memorial Prize in Economic Sciences for his analysis in market power and regulation in 2014. Eric Maskin was the doctoral advisor. He was awarded with John Von Neumann Award in 1998, BBVA Foundation Frontiers of Knowledge Award in 2008, Knowledge Award in 2008, and Nobel Memorial Prize in Economics in 2014.
5. James Heckman
His name was James Joseph Heckman. He was born on 19 th April 1944. He is an American economist who is currently working at the University of Chicago. He also worked as the Director of the Center for the economics of Human Development. He also worked as a Director of the center for Social Program Evaluation. He also worked as a professor of Law at the Law School, a research associate at the National Bureau of Economic research, and a senior research fellow at the American Bar Foundation. The list of the awards he received are John Bates Clark Medal in 1983, Nobel Memorial Prize in Economics in 2000, and Frisch Medal in 2014.
6. Justin Wolfers
His full name was Justin James Michael Wolfers. He was born on 11 th December 1972. He is an Australian and American economist and also a public scholar. He works as a professor of economics at the University of Michigan, and also a Senior Fellow at the Peterson Institute for International Economics. He holds a Ph. D. in Economics and A. M. in Economics in 2000 both from Harvard University. He also gained a Bachelor of economics on the University of Sydney.
7. Paul Krugman
His full name is Paul Robin Krugman. He was born on February 28 1953. He is an American economist who is currently working as a professor of Economics at the Graduate Center of the City University of New York. He also works as a columnist for The New York Times. He was awarded with the Nobel Memorial Prize in Economic Sciences for his contributions to New Economic Geography and New Trade Theory. He was a professor at both MIT and Princeton University, but not at the same time. He holds a title of professor emeritus, after getting retired from Princeton in 2015.
8. Amartya Sen
His full name was Amartya Kumar Sen. He was born on 3rd November 1933. He is an economist and philosopher. He made his contributions to social choice theory, economic and social justice, economic theories of famines, and welfare of economics. He was considered as one of the top intellectual thinkers in the world. His fields are welfare economics, ethics, and development economics. He contributed most for the Human Development Theory. His awards are Nobel Memorize Prize in Economic sciences in 1998, Bharat Ratna in 1999, National Humanities Medal in 2012, and Johan Skytte Prize in Political Science in 2017.
9. David Ricardo
He was born on 18th April 1772. He is a British political economist. HE is considered as the most influential person of the classical economists. Whig is the political party he joined. He was a Business man and economist by profession. He died on 11th September 1823.
10. Irving Fisher
He was born on 27th February 1867. He was an American inventor, progressive social campaigner, economist, and statistician. HE was described as the greatest economist the United States has ever produced. These are the words said by Joseph Schumpeter. Most of his contributions are for Fisher equation, Equation of exchange, price index, Debt deflation, money illusion, and Fisher separation theorem. He died on 29th April 1947 at the age of 80 years.
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