Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974

Gunnar Myrdal

Photo from the Nobel Foundation archive.

Prize share: 1/2

Friedrich August von Hayek

Photo from the Nobel Foundation archive.

Prize share: 1/2

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1974 was awarded jointly to Gunnar Myrdal and Friedrich August von 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"

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