Nobel Prizes in Economics

From 1940 to 1980

Year Name Accomplishment
1969 Ragnar Frisch"for having developed and applied dynamic models for the analysis of economic processes"
1969 Jan Tinbergen"for having developed and applied dynamic models for the analysis of economic processes"
1970 Paul A. Samuelson"for the scientific work through which he has developed static and dynamic economic theory and actively contributed to raising the level of analysis in economic science"
1971 Simon Kuznets"for his empirically founded interpretation of economic growth which has led to new and deepened insight into the economic and social structure and process of development"
1972 John R. Hicks"for their pioneering contributions to general economic equilibrium theory and welfare theory"
1972 Kenneth J. Arrow"for their pioneering contributions to general economic equilibrium theory and welfare theory"
1973 Wassily Leontief"for the development of the input-output method and for its application to important economic problems"
1974 Gunnar Myrdal"for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena"
1974 Friedrich August von Hayek"for their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena"
1975 Leonid Vitaliyevich Kantorovich"for their contributions to the theory of optimum allocation of resources"
1975 Tjalling C. Koopmans"for their contributions to the theory of optimum allocation of resources"
1976 Milton Friedman"for his achievements in the fields of consumption analysis, monetary history and theory and for his demonstration of the complexity of stabilization policy"
1977 Bertil Ohlin"for their pathbreaking contribution to the theory of international trade and international capital movements"
1977 James E. Meade"for their pathbreaking contribution to the theory of international trade and international capital movements"
1978 Herbert A. Simon"for his pioneering research into the decision-making process within economic organizations"
1979 Theodore W. Schultz"for their pioneering research into economic development research with particular consideration of the problems of developing countries"
1979 Sir Arthur Lewis"for their pioneering research into economic development research with particular consideration of the problems of developing countries"
1980 Lawrence R. Klein"for the creation of econometric models and the application to the analysis of economic fluctuations and economic policies"