Simon S. Kuznets (1901-1985) Simon S. Kuznets was a Russian-born economist who emigrated to America in 1922. Kuznets attended Columbia University where, in 1926,he was awarded his doctorate. After working in various capacities as a government economist, he was appointed Professor of Economics first at Pennsylvania, then to John Hopkins and, finally in 1960, to […]

Oscar Lange 1904-1965 Oscar Lange was a English-born economist, econometrician and politician. Studied in the US, became a naturalized American and taught at the universities of Michigan, Stanford and Chicago. His 1937 Review of Economic Studies article On the Economic Theory of Socialism established his academic reputation. He carried out path finding work in the […]

Nikolai (Vladimir) Illich Ulyanov Lenin (1870-1924) Nikolai (Vladimir) Illich Ulyanov Lenin was a Russian revolutionary and statesman who constructed the Soviet Communist state. His pamphlet What is to be Done? published in 1902, has been described as the true origin of modern communism. The major work, Imperialism, the Highest Stage of Capitalism completed in 1916, […]

Wassily Leontief 1906-1999 Wassily Leontief was a Russian born economist, and econometrician, first taught in Germany then in 1931, joined economist department at Harvard University where he has remained ever since. He was appointed Professor in 1946. His greatest contribution to economic theory is the formulation of input-output models for which he was awarded the […]

Abba P. Lerner 1903-1982 Abba P. Lerner was a Russian-born American professor of economics. Educated at the London School of Economics he taught successively at Roosevelt, Michigan State and from 1965, California Universities His early work centred on the nature of monopoly. In his 1933 Review of Economic Studies article The Concept of Monopoly Power, […]

Friedrich List 1789- 1846 Friedrich List was a German economist. After holding a chair in economics at the University of Tueringen, fled to America in 1825 and became involved in mining and railways. Subsequently developed views on economic protectionism for under developed economies..

Thomas Robert Malthus 1766-1834 Thomas Robert Malthus was a English clergyman and author, Ever since Malthus, economics has been referred to as the ‘dismal science,’ The Malthusian argument that gave rise to this unhappy label was propounded in An Essay on the Principle of Population published in 1798. In this, he argues that population unchecked […]

Bernard de Mandeville 1870-1933 Bernard de Mandeville was born in Holland, Mandeville worked in London as a doctor. He is remembered for his satirical poem The Fable of the Bees: or Private Vices, Public Benefits originally published under a different title in 1705. Mandeville points out that private greed and the pursuit of luxury results […]

Alfred Marshall 1842-1924 Alfred Marshall was an English academic economist who became quite influential during his time. After a mathematical training at Cambridge, Marshall turned to economics and, from 1885 to 1908 when he retired, was Professor of Political Ecomomy at his old university. His chief work is the classic Principles of Economics published in […]

Sir John Richard Hicks (1904-1989) Sir John Richard Hicks was an British economist, educated at Balliol, Oxford. He taught at the University of Manchester, the London School of Economics, and at Oxford. His most important book is Value and Capital (1939), in which he investigated the general equilibrium proceeding from the subjective theory of value. […]