9 October 1974 ECONOMICS PRIZE FOR WORKS IN ECONOMIC THEORY AND INTER-DISCIPLINARY RESEARCH has awarded the 1974 Prize for Economic Science in Memory of Alfred Nobel to Professor Gunnar Myrdal and Professor Friedrich von Hayek for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence…

Presentation Speech by Professor Erik Lundberg of the Translation from the Swedish text Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, Hitherto the prize in Economic Science dedicated to the memory of Alfred Nobel has been awarded to researchers who have made pioneering contributions in what may be called “pure” economics. It has been awarded…

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Gunnar Myrdal was born in Gustaf’s parish, Sweden, on December 6, 1898. He graduated from the Law School of Stockholm University in 1923 and began practicing law while continuing his studies at the university. He received his juris doctor degree in economics in 1927 and was appointed docent in political economy. From 1925 to 1929…

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Born: May 8, 1899, Vienna, Austria (son of Dr. August von Hayek, Professor of Botany at the University of Vienna and Felicitas née Juraschek) Education 1918-1921 Studies at University of Vienna 1921 Dr. jur., University of Vienna 1923 Dr. rer. pol, University of Vienna March 1923 -June 1924 Postgraduate work, New York University   Academic…

18 October 1973 THE PRIZE IN ECONOMIC SCIENCES IN MEMORY OF ALFRED NOBEL TO THE FATHER OF INPUT-OUTPUT ANALYSIS has awarded the 1973 year’s Prize in Economic Science in Memory of Alfred Nobel to Professor Wassily Leontief for the development of the input-output method and for its application to important economic problems. Professor Leontief is…

Presentation Speech by Professor Assar Lindbeck of the Translation from the Swedish text Your Majesty, Your Royal Highnesses, Ladies and Gentlemen, One of the most characteristic features of an economic system is the mutual interrelations between the various parts of the system – what is usually called the interdependence within the economic system. Such an…

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