Bertil Ohlin's extension of Ricardian comparative advantage theory to include factors of production and James Meade's stabilisation theory continue to...

Milton Friedman’s breakthrough work put Monetary policy on an equal pedestal to Keynesian only-fiscal approach; which continues to shape the political...

Leonid Kantorovich and Tjalling C Koopmans made major contributions to the field of economic planning by way of developing the theory of the optimal...

In emphasising the role of in institutions in their economic analysis, Gunnar Myrdal and Friedrich von Hayek paved the way for later research in...

Wassily Leontief’s input-output model was a pathbreaking tool for analysing inter-sectoral dependencies in the economy — an innovation that helped...

Exploring the varied contributions made to policymaking — ranging from international trade and environmental policy to even electoral reform — by...

Recipient of the third Nobel for economics, Simon Kuznets’ work on national income, economic growth and income distribution made him a significant...

Exploring the many contributions of Paul Samuelson in the scientific application of economics to the challenges — groundbreaking work that has even...

Analysing the significant contributions made to the field of economic policy by the recipients of the first Nobel in Economics, Ragnar Frisch and Jan...

Exploring the continuing relevance of the Nobel Prize for Economics and the varied impact of its awardees on public policy decisions worldwide

Exploring another core concept of NIE, the concept of rationality and its evolution as a part of the neoclassical economic model

With the failure of the neoclassical model in addressing the supply of public goods and common-pool resources, NIE offers the necessary tools to...