Which Scot is seen as the father of economics through “The Wealth of Nations”?
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Adam Smith
He gave us the market's “invisible hand”.
💡 Did you know? His main work appeared in 1776.
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Which thinker founded the critique of capitalism with “Das Kapital”?
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Karl Marx
With Friedrich Engels he wrote the “Communist Manifesto”.
💡 Did you know? His ideas shaped the 20th century.
Which Briton argued the state should boost demand in a crisis?
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John Maynard Keynes
Keynesianism is named after him.
💡 Did you know? His ideas shaped policy after 1929.
Which US economist and Nobel laureate is the pioneer of monetarism?
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Milton Friedman
He stressed the money supply and free markets.
💡 Did you know? “There's no such thing as a free lunch.”
Which English economist formulated the theory of comparative advantage in trade?
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David Ricardo
It explains why trade pays even for “weaker” countries.
💡 Did you know? He was also a successful stock trader.
Which Austrian economist warned against central planning in “The Road to Serfdom”?
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Friedrich Hayek
He won the 1974 Nobel Prize in economics.
💡 Did you know? A leading thinker of economic liberalism.
Which economist coined “creative destruction” for capitalism?
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Joseph Schumpeter
The new constantly displaces the old.
💡 Did you know? He put the entrepreneur-innovator centre stage.
Which scholar predicted population grows faster than the food supply?
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Thomas Malthus
His grim thesis is the “Malthusian trap”.
💡 Did you know? Technical progress largely proved him wrong.
Which Indian Nobel laureate linked economics with welfare and justice?
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Amartya Sen
He showed famines often stem from distribution, not scarcity.
💡 Did you know? He shaped the capability approach.
Which US economist and columnist won the 2008 Nobel Prize for trade theory?
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Paul Krugman
He writes regularly for the New York Times.
💡 Did you know? His work explains trade and economic geography.
Which economics minister is seen as the father of Germany's “economic miracle”?
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Ludwig Erhard
He stands for the “social market economy”.
💡 Did you know? He later became Chancellor.
Which Frenchman analysed inequality in “Capital in the Twenty-First Century”?
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Thomas Piketty
His thesis: capital grows faster than the economy.
💡 Did you know? The book became a global bestseller.
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