Knowra Gunnar Myrdal Gunnar Myrdal Gunnar Myrdal was a Swedish economist and sociologist whose research examined economic development, social policy, and racial inequality. He shared the 1974 Nobel Memorial Prize in Economic Sciences with Friedrich Hayek.
Alva Myrdal : Alva Myrdal was a Swedish diplomat, politician, and social reformer who shared the 1982 Nobel Peace Prize. His wife and intellectual collaborator, she worked with him on population policy and social planning.
An American Dilemma : An American Dilemma is Myrdal’s 1944 study of racial inequality and the conflict between American ideals and practices. This landmark investigation applied his social-science approach to Black Americans’ conditions and U.S. racial politics.
Institutional economics : Institutional economics studies how laws, norms, organizations, and habits shape economic behavior and outcomes. Myrdal treated institutions and social structures as integral to economic development.
United Nations Economic Commission for Europe : The United Nations Economic Commission for Europe is a regional UN body promoting economic cooperation among its member states. Myrdal served as its executive secretary from 1947 to 1957, advancing postwar European economic cooperation.
Friedrich Hayek : Friedrich Hayek was an Austrian-British economist and political philosopher who defended market coordination and limited government. He shared the 1974 economics Nobel with Myrdal despite their sharply different views on planning.
Asian Drama : Asian Drama is Myrdal’s 1968 study of poverty, institutions, and development in South Asia. This three-volume work brought his analysis of cumulative social and economic change to South Asian development.
Value judgment : A value judgment is an evaluation based on ethical or political standards rather than empirical description alone. Myrdal argued that social research should make its value premises explicit instead of disguising them as neutral facts.
United Nations Economic Commission for Asia and the Far East : The United Nations Economic Commission for Asia and the Far East was the predecessor of today’s Economic and Social Commission for Asia and the Pacific. As its executive secretary, Myrdal helped shape the regional development concerns later examined in Asian Drama.
John Maynard Keynes : John Maynard Keynes was a British economist whose work transformed macroeconomic theory and public policy. Myrdal developed an early analysis of expectations and ex ante versus ex post saving alongside Keynesian debates.
The Political Element in the Development of Economic Theory : The Political Element in the Development of Economic Theory is Myrdal’s study of value judgments in economic thought. The book shows how his scrutiny of hidden values extended from policy analysis to the history of economics.
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