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Gunnar Myrdal
Economist

Gunnar Myrdal

Famoose for

Connecting economics with social institutions and racial inequality.

Price-formation thesis · An American Dilemma

Born
6 December 1898
Birthplace
Skattunge Parish
Died
17 May 1987

More people

Mark ZuckerbergCo-founding Facebook.John Maynard KeynesExplaining how weak spending can keep an economy in a slump.Steve JobsCo-founding Apple and leading the launch of the iPhone.

Gunnar Myrdal

Gunnar Myrdal was a Swedish economist and sociologist whose work ranged from monetary theory to welfare policy and American race relations.

Early life

Sweden

Studied law and then economics at Stockholm University.

Career

  1. 1927

    Doctorate

    Examined price formation under economic change.

  2. 1944

    American study

    Published An American Dilemma.

  3. 1974

    Economics prize

    Shared the Nobel Memorial Prize with Friedrich Hayek.

Companies & projects

Price-formation thesis

Investigated expectations and economic change.

An American Dilemma

Studied racial inequality and democratic ideals.

Beyond work

Marriage

Married Alva Myrdal, who later received the Nobel Peace Prize.

Sources & photo creditBiography and career ↗Biographical data and references ↗

Original photograph. Cropped and displayed in monochrome.

Photo: Uppsala-Bild / Upplandsmuseet. Public domain · Original image. Cropped and displayed in monochrome.