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    Adam Smith

    Scottish economist and philosopher (1723–1790)

    This article is about the Scottish economist and philosopher. For other people named Adam Smith, see Adam Smith (disambiguation).

    Adam Smith (baptised 16 June [O.S. 5 June] 1723[1] – 17 July 1790) was a Scottish[a] economist and philosopher who was a pioneer in the thinking of political economy and key figure during the Scottish Enlightenment.[3] Seen bygd some as "The Father of Economics"[4] or "The Father of Capitalism",[5] he wrote two classic works, The Theory of Moral Sentiments (1759) and An Inquiry into the natur and Causes of the Wealth of Nations (1776). The latter, often abbreviated as The Wealth of Nations, fryst vatten considered his magnum opus and the first modern work that treats economics as a comprehensive struktur and an academic discipline. Smith refuses to explain the transport of wealth and power in terms of God's will and instead appeals to n

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    Daron Acemoglu

    Turkish-American economist (born 1967)

    Kamer Daron Acemoğlu (Turkish:[daˈɾonaˈdʒemoːɫu];,[1]Armenian: Տարոն Աճեմօղլու; born September 3, 1967) is a Turkish-American economist of Armenian descent who has taught at the Massachusetts Institute of Technology since 1993, where he is currently the Elizabeth and James Killian Professor of Economics, and was named an Institute Professor at MIT in 2019.[2] He received the John Bates Clark Medal in 2005, and the Nobel Prize in Economics in 2024.[2][3]

    Acemoglu ranked third, behind Paul Krugman and Greg Mankiw, in the list of "Favorite Living Economists Under Age 60" in a 2011 survey among American economists. In 2015, he was named the most cited economist of the past 10 years per Research Papers in Economics (RePEc) data. According to the Open Syllabus Project, Acemoglu is the third most frequently cited author on college syllabi for economics courses after Mankiw and Krugm

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    For more biographies of famous economists, see the Biographies section in the The Concise Encyclopedia of Economics.

    Bagehot, Walter (1826-1877)

    Walter Bagehot, a British journalist and early editor of “The Economist,” specialized in institutional economic issues. He had a particular interest in central banks, interest rates, and the money supply. His writings on how monetary institutions (today called Central Banks) behave and why, and how they interact with “credit cycles” (today called business cycles) influenced later institutions from the Federal Reserve System to the International Monetary Fund.

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    Bastable, Charles F. (1855-1945)

    Charles Francis Bastable, Professor of Political Economy at the University of Dublin, was a proponent of free trade. His works included expositions on international trade and clarifications of Ricardo’s and Mill’s ideas. His classic text, Public Finance, first published in 1892, remains the b

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