Which economists are influential and why

Ram Mohan at the Big Picture strongly recommends this article in Financial Times by John Kay which tells about the lasting legacies of some economists, how they are formed, and how some others fail to achieve it:

There’s a terrific article by John Kay in the Financial Times on the two economists who last a lasting impact on their times- Keynes and Friedman, others- Schumpeter, Galbraith- who didn’t and yet others- Sen and Stiglitz- who won’t. No student of economics should miss it.

In a nutshell, Kay argues that academic leadership is not just about scholarly ability, it requires sustained effort in creating a school of thought and the ability to draw followers- in other words,
perseverance as well as human qualities. Otherwise, you remain a renowned scholar, not the founder of a school of thought.

Take a look!

One Response to “Which economists are influential and why”

  1. Economists — the popular and not-so-popular « Entertaining Research Says:

    […] reminded me of an article in Financial Times by John Kay which tried to answer the question as to wh…. By the way, DeLong also discusses something akin to that question in his review with specific […]

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