Wednesday, November 4, 2009

How well do you know your economists?

Find out with this quiz that asks you to identify ten famous economists (thanks to Robert Whaples via Marginal Revolution)


  1. WARNING: Use last names only in responding. Full names get you marked wrong.

  2. World Ten Famous Economists
    1. Fan Li is recognized in most circles as the earliest economist. He worked during the Chinese Spring and Autumn Period and used the concept of buying low and selling high in the feudal agrarian society of Ancient China.

    2. Richard Cantillon lived in the 18th century and wrote Essai Sur la Nature du Commerce en Général, making him one of the first economic writers.

    3. David Hume a Scottish historian and philosopher, was also an early founder of economic concepts and is considered to be one of the "classical economists"

    4. John Stuart Mill a British political economist and philosopher, John Stuart Mill was a recognized contributor to political economy, social theory, and political theory.

    5. Carl Menger is the founder of the Austrian School of Economics and was selected to lead a commission to change the Austrian monetary system. He wrote numerous articles that helped transform monetary theory.

    6. John Maynard Keynes, a British economist, was the creator of Keynesian economics. He was also the founder of modern theoretical macroeconomics.

    7. James Tobin, An American economist and Nobel Prize Laureate, James Tobin served on the Council of Economic Advisors and the Board of Governors of the Federal Reserve System.

    8. Paul Krugman is a 2008 Nobel Memorial Prize in Economic Sciences winner and a supporter of modern liberal policies.

    9. Fengbo Zhang, Dr. Zhang is a leading Chinese economist who introduced Western Economics to China, also the founder of China GDP and Macroeconomic Research.

    10. Ludwig von Mises was a social philosopher who created a conclusive science of economics founded on the idea that individual human beings act on purpose in order to achieve goals.


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