Gunnar Myrdal

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Gunnar Myrdal
Gunnar Myrdal in January 1964
Karl Gunnar Myrdal

(1898-12-06)6 December 1898
Died17 May 1987(1987-05-17) (aged 88)
Danderyd, Sweden
Alma materStockholm University
Known forMonetary equilibrium,


Circular cumulative causation
Alva Myrdal (m. 1924)
AwardsNobel Memorial Prize in Economic Sciences (1974)[1]
Bronislaw Malinowski Award (1975)
Scientific career
FieldsEconomics, Politics, Sociology
InstitutionsNYU, Stockholm University
Doctoral advisorGustav Cassel
Doctoral studentsRudolf Meidner
InfluencesKnut Wicksell
John R. Commons[2]
Raúl Prebisch
InfluencedHa-Joon Chang
G. L. S. Shackle

Karl Gunnar Myrdal (Swedish: [ˈmyːɖɑːl]; 6 December 1898 – 17 May 1987) was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences with Friedrich Hayek for their work in the theory of money and economic fluctuations.[1] He was best known in the United States for his study of race relations, which is seen in his book An American Dilemma: The Negro Problem and Modern Democracy.

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References[change | change source]

  1. 1.0 1.1 "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974". Retrieved 2009-11-27.[dead link]
  2. Walter A. Jackson, Gunnar Myrdal and America's Conscience: Social Engineering and Racial Liberalism, 1938–1987, UNC Press Books, 1994, p. 62.