Gunnar Myrdal facts for kids

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Gunnar Myrdal
Gunnar Myrdal in January 1964
Born Karl Gunnar Myrdal
(1898-12-06)6 December 1898
Skattungbyn, Orsa Municipality, Sweden
Died 17 May 1987(1987-05-17) (aged 88)
Danderyd, Sweden
Nationality Swedish
Fields Economics, Politics, Sociology
Institutions NYU, Stockholm University
Alma mater Stockholm University
Doctoral advisor Gustav Cassel
Doctoral students Rudolf Meidner
Known for

Monetary equilibrium, Ex-ante,

Circular cumulative causation
Influences Knut Wicksell
John R. Commons
Raúl Prebisch
Influenced Ha-Joon Chang
G. L. S. Shackle
Notable awards Nobel Memorial Prize in Economic Sciences (1974)
Bronislaw Malinowski Award (1975)

Karl Gunnar Myrdal (Swedish: [ˈmyːɖɑːl]; 6 December 1898 – 17 May 1987) was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences with Friedrich Hayek for their work in the theory of money and economic fluctuations. He was best known in the United States for his study of race relations, which is seen in his book An American Dilemma: The Negro Problem and Modern Democracy.


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