Category: Economists

Paul A. Samuelson

Paul A. Samuelson: Cafeteria Keynesian

Paul A. Samuelson was born in 1915 in Indiana. When he was a little boy, his parents moved to Chicago, therefore he went to school there. He also pursued his bachelor studies in mathematics at University of Chicago. Then, he went to Harvard and received his masters in 1936 and...

Friedrich Hayek by Rodrigo Moynihan, National Portrait Gallery, London

Friedrich August Von Hayek

Friedrich August Von Hayek (pronounced HI-YACK) was born in Vienna in 1899 to an academic family. His grandfather was a companion of Eugen Böhm von Bawerk, one of the pioneers of the Austrian School of Economics. When Hayek was growing up, reading was one of his main hobbies.   Then,...

Franco Modigliani: Life-long Keynesian

  “Franco Modigliani could have been a multiple Nobel winner. When he died he was the greatest living macroeconomist. He revised Keynesian economics from its Model-T, Neanderthal, Great Depression model to its modern-day form” – Paul Samuelson Franco Modigliani was born in Rome, Italy, in 1918. He spent his childhood...