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The Nobel Series: Stalwart of macroeconometric modelling

27 Feb 2021 11:40 PM IST
Lawrence Klein's models laid the ground for quantitative analysis of economic policies — at the same time — defined the contours of econometrics

The Nobel Series : Trailblazers of development research

20 Feb 2021 10:56 PM IST
Theodore Schultz’s human capital theory and Arthur Lewis’ dual economy shifted the growth discourse towards developing countries with an intrinsic...

The Nobel Series : Bounded rationality

13 Feb 2021 10:55 PM IST
Simon’s multidisciplinary approach challenged the neoclassical assumption of profit maximisation and redefined decision-making as an effort to achieve...

Masters of International Trade

6 Feb 2021 11:27 PM IST
Bertil Ohlin's extension of Ricardian comparative advantage theory to include factors of production and James Meade's stabilisation theory continue to...

Pioneer of Monetary Economics

31 Jan 2021 12:03 AM IST
Milton Friedman’s breakthrough work put Monetary policy on an equal pedestal to Keynesian only-fiscal approach; which continues to shape the political...

The Nobel Series: Kantorovich & Koopmans

23 Jan 2021 11:42 PM IST
Leonid Kantorovich and Tjalling C Koopmans made major contributions to the field of economic planning by way of developing the theory of the optimal...

The Nobel Series : Early institutionalists

16 Jan 2021 11:09 PM IST
In emphasising the role of in institutions in their economic analysis, Gunnar Myrdal and Friedrich von Hayek paved the way for later research in...

The Nobel Series: Leontief & Input-Output model

9 Jan 2021 10:58 PM IST
Wassily Leontief’s input-output model was a pathbreaking tool for analysing inter-sectoral dependencies in the economy — an innovation that helped...

The Nobel Series : Kenneth & Hicks

2 Jan 2021 10:56 PM IST
Exploring the varied contributions made to policymaking — ranging from international trade and environmental policy to even electoral reform — by...

The Nobel Series: The Development Man

19 Dec 2020 11:07 PM IST
Recipient of the third Nobel for economics, Simon Kuznets’ work on national income, economic growth and income distribution made him a significant...

The Nobel Series : Architect of modern economics

12 Dec 2020 11:29 PM IST
Exploring the many contributions of Paul Samuelson in the scientific application of economics to the challenges — groundbreaking work that has even...

The Nobel Series: Tinbergen, Frisch & public policy

5 Dec 2020 11:12 PM IST
Analysing the significant contributions made to the field of economic policy by the recipients of the first Nobel in Economics, Ragnar Frisch and Jan...
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