5 Most Influential Economists in the World

In this article, we will list the 5 Most Influential Economists in the World. If you want to know how we curated our list, head over to 20 Most Influential Economists in the World.

5 – Esther Duflo

Insider Monkey Score – 0.6

Esther Duflo is a French American economist who is known for developing an innovative experimental approach to alleviating global poverty. She was also awarded a Nobel Prize for Economics in 2019.

4 – Alfred Marshall

Insider Monkey Score – 0.6

Alfred Marshall is one of the top 5 most influential economists. He was a dominant figure in British economics in the late 19th and early twentieth century. He is known for his book ‘Principles of Economics,’ in which he emphasized that the price and output of goods are determined by their demand and supply.

3 – Milton Friedman

Insider Monkey Score – 1

Milton Friedman was a 20th-century American economist and a proponent of free-market capitalism. He earned Nobel Prize for Economics in 1976. Friedman is known for his research on consumption analysis and stabilization policy.

2 – John Maynard Keynes

Insider Monkey Score – 1

Keynesian Economics is a brand of economics that proposes government spending at the time of financial crisis. It gets its name from John Maynard Keynes, who was an early twenty and late nineteen-century British economist. Keynes is known for his book The General Theory of Employment, Interest, and Money.

1 – Adam Smith

Insider Monkey Score – 1

Adam Smith, the father of modern economics, is the most influential economist of all time. His works have laid the basis for economic theories, which many economists build upon later. Adam Smith was a proponent of the free market, and his work paved the way for capitalism. 

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