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Gunnar Myrdal

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Gunnar Myrdal

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Also known as Karl Gunnar Myrdal

Swedish economist (1898–1987)

OverviewAI-generated

Gunnar Myrdal (1898–1987) was a Swedish economist, sociologist, politician, and university teacher. He held positions as a professor and general secretary, working at Stockholm University and the Stockholm School of Economics in Stockholm. Myrdal was a member of the Swedish Social Democratic Party and received his education from Stockholm University, where Gustav Cassel served as his doctoral advisor. He was married to Alva Myrdal and had two children, Jan Myrdal and Sissela Bok.

Myrdal’s work focused on economics and sociology. He was a member of the Royal Swedish Academy of Sciences, the Hungarian Academy of Sciences, the American Academy of Arts and Sciences, and the Econometric Society. Among his recognized works are *Vad gäller striden i befolkningsfrågan?*, *Das politische element in der nationalökonomischen Doktrinbildung*, *The Negro church and associations in the lower South*, *Stora nationalekonomer*, and *Behovet av reformer i underutvecklade länder*.

He received the Prize in Economic Sciences in Memory of Alfred Nobel, the Peace Prize of the German Publishers' and Booksellers' Association, the Anisfield-Wolf Book Awards, and the Jawaharlal Nehru Award for International Understanding. Myrdal was also nominated for the Nobel Peace Prize. He spoke Swedish and English.

Synthesized by Vinony from 38 facts across 8 sources: Wikidata, Crossref, Open Library, MusicBrainz, Wikiquote, Nobel Prize, Vinony collections, Vinony graph. Generated from structured data (not the Wikipedia text) and checked against those facts — may still contain errors.

Person · Open Library

Born
1898
Died
1987
Works
102

Top works

  • [The Myrdal study of the Negro in the United States]
  • Vad gäller striden i befolkningsfrågan?
  • Das politische element in der nationalökonomischen Doktrinbildung
  • The Negro church and associations in the lower South
  • Stora nationalekonomer

via Open Library + Wikidata

Music · MusicBrainz

Type
Group
Origin
Germany
Active from
2022-04
black metal

Discography

via MusicBrainz · CC0

Quotes

  • The further away a scholarly opinion is from direct observation and the more abstract and ‘theoretical’ it is, the more defenseless it becomes against insidious opportunist errors of judgment. In economics, model thinking in particular creates scope for systematic biases... But of course all social studies must nevertheless aim at generalization. It is thus important to be able to think concretely at the same time, as I learnt from Gustav Cassel.
  • Education has in America's whole history been the major hope for improving the individual and society.
  • A criticism of Keynes and Hayek would have to begin by pointing out the fact that in their theoretical systems there is no place for the uncertainty factor and anticipations.
  • It is good proof of Keynes’ intuitive genius that he reaches practical results that in many respects are very much superior to his deficient statements of certain theoretical problems.
  • There is in fact no contradiction at all between the statement of an exact bookkeeping balance ex post and the obvious inference that in a situation when saving is increasing without a corresponding increase of investment, or perhaps with an adverse movement in investment, there must be a tendency ex ante to a disparity.
  • Some of these quantities refer directly to a point of time. That is true of "capital value" as also of such quantities as demand and supply prices. Other terms – as e.g. "income", "revenue", "return", "expenses", "savings", "investments" – imply, however, a time period for which they are reckoned. But in order to be unambiguous they must also refer to a point of time at which they are calculated.

via Wikiquote · CC BY-SA

Nobel Prize

  • The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel1974

    for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena

    Shared · 1/2 portion

~19 min read

Encyclopedic overview

Karl Gunnar Myrdal (/ˈmɜːrdɑːl, ˈmɪər-/ MUR-dahl, MEER-; Swedish: [ˈɡɵ̌nːar ˈmy̌ːɖɑːl]; 6 December 1898 – 17 May 1987) was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences along with Friedrich Hayek for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." When his wife, Alva Myrdal, received the Nobel Peace Prize in 1982, they became the fourth ever married couple to have won Nobel Prizes, and the first and only to win independent of each other (versus a shared Nobel Prize by scientist spouses).

Myrdal is best known in the United States for his study of race relations, which culminated in his 1944 book An American Dilemma: The Negro Problem and Modern Democracy. The study was influential in the 1954 landmark U.S. Supreme Court decision Brown v. Board of Education. In Sweden, his work and political influence were important to the establishment of the Folkhemmet and the welfare state.

Excerpted from Wikipedia’s “Gunnar Myrdal” article, available under the CC BY-SA 4.0 licence.

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