You can find several economists from the last hundreds of years who have done great work in creating more successful economic systems. Such contributors have helped a lot to bringing the economies of their countries to a powerful stage. Please have a look to the list of famous economists:
Adam Smith
He was a Scottish social philosopher and established the political economy. He wrote several books of the Scottish explanations. The most famous “The Wealth of Nations” is counted as the first modern efforts of economics. He was also named among the ‘Greatest Scots’. Today also, his name is taken first in the list of famous economists of the past.
John Stuart Mill
He was born on 20 May 1806 in London and taken his last breath on 8 May 1873. He was well known British philosopher of the nineteenth century. He was also great political economist, civil servant and also contributed a lot to social theory, political theory, and political economy. He studied at the University College of London and also worked for the East Company India until 1858. He was also a Member of Parliament and Foreign Honorary Member of American Academy of Arts & science.
Richard Cantillon
He was a famous Irish-French economist and also wrote a book named as “Essay on the Nature of Trade in General”. He was counted in the list of successful banker as well as merchant at a very early age. He was highly influenced by the trading behavior of William Petty and preferred to use their thoughts in his business. His several contributions to the science had made him apart from other economists of that time.
John Meynard Keynes
John Meynard Keynes (June 5, 1883 – April 21, 1946), was a British economist and worked with great efforts for the country economy policies. He thoroughly understood the causes of several business cycles and also promoted different measures in order to reduce or eliminate the undesirable effects of economic downturn. His economics ideas helped a lot in promoting the foundation of social liberalism.
James Tobin
He was an American economist and worked for the goodwill of “Council of Economic Advisors”, and the Board of Governors of the Federal Reserve System. He also contributed to the investment study, financial market study as well as economic policy study. Due to his achievements, James Tobin also received the Nobel Memorial Prize in Economic Sciences in the year 1981.
The above given list of famous economists will sure make you aware of the contributors who have performed amazing work for the economy across the globe.
