8 questions · Science
Nobel Prize (Economics): The most influential figure of the 'Chicago School'. He shared the prize with the social democrat Gunnar Myrdal: a deliberate contrast. His life was portrayed in the film 'A Beautiful Mind'. He showed that famines often stem less from a lack of food than from distribution. A co-founder of behavioural economics. Also well known as a columnist and public economist. She showed that shared resources can be managed well without state or market. Officially the 'Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel': awarded only since 1969. Good to know: Friedman led the „Chicago School“: his monetarist ideas shaped the policies of Reagan and Thatcher. In „The Road to Serfdom“ Hayek warned against central planning: a foundational text of liberalism. Nash's life with schizophrenia and his Nobel inspired the Oscar-winning film „A Beautiful Mind“. Sen showed famines rarely stem from a lack of food, but from a lack of access to it. Kahneman was a psychologist: not an economist.
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Milton Friedman
The most influential figure of the 'Chicago School'.
💡 Did you know? Friedman led the „Chicago School“: his monetarist ideas shaped the policies of Reagan and Thatcher.
Friedrich August von Hayek
He shared the prize with the social democrat Gunnar Myrdal: a deliberate contrast.
💡 Did you know? In „The Road to Serfdom“ Hayek warned against central planning: a foundational text of liberalism.
John Nash
His life was portrayed in the film 'A Beautiful Mind'.
💡 Did you know? Nash's life with schizophrenia and his Nobel inspired the Oscar-winning film „A Beautiful Mind“.
Amartya Sen
He showed that famines often stem less from a lack of food than from distribution.
💡 Did you know? Sen showed famines rarely stem from a lack of food, but from a lack of access to it.
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