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Fun Fact Friday - famous economists
4th February 2011
For this week’s Fun Fact Friday, work out which of the following biographical statements about famous economists are true and which are false. For those that are false, outline what it is that makes them untrue.
1. Milton Friedman was born in 1912. True or False?
2. Jacob Viner, of the ‘Chicago School’, was a staunch Keynesian supporter. True or False?
3. Alfred Marshall’s famous work ‘Principles of Economics’ was first published in 1900. True or False?
4. After getting disillusioned with the dominance of Keynesian economics in the 1950s, Friedrich Hayek became a psychologist. True or False?
5. Robert Solow was awarded the 1987 Nobel Prize in economics for his contribution to the academic debate on monetary policy. True or False?
Once you’re worked out whether the statements are true or false, take some time to find out more about the life and times of the 5 economists named in the statements.
Ruth Tarrant
Ruth has been Subject Lead in Economics at tutor2u for many years after a career of teaching Economics, Business, Politics and Maths in a range of secondary schools. She is a highly experienced A level Economics Examiner, and also teaches undergraduate Economics on a very part-time basis at the University of Oxford. Ruth is passionate about making economics fun, engaging and accessible.