Economists Spotlight Cards

13 cards (intro + 12)

Economist Spotlight

Economists

AS
JK
KM
MF
FH
+7

From Adam Smith's invisible hand to Steve Keen predicting the 2008 crash: the minds who decoded money, markets, and power.

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Economist Spotlight

AS

Adam Smith

The father of modern economics. Wrote the book that launched capitalism, literally.

1776

The Wealth of Nations

The founding text of modern economics

5

Books in TWoN

A sweeping treatise on markets, labor & trade

250+

Years of Influence

Still the most cited economist in history

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Adam Smith

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Economist Spotlight

JK

John Maynard Keynes

Rewrote the rules of economics during the Great Depression. Governments still follow his playbook.

1936

General Theory Published

Revolutionized macroeconomic thought

44

Nations at Bretton Woods

He designed the post-war financial order

12x

King's College Endowment

Grew Cambridge's fund through his investing

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John Maynard Keynes

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Economist Spotlight

KM

Karl Marx

Love him or loathe him, his critique of capitalism shaped the modern world.

1867

Das Kapital Published

The definitive critique of capitalist production

1.5B

People Under Marxist States

At the ideology's peak global influence

3

Volumes of Das Kapital

Engels edited the final two posthumously

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Karl Marx

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Economist Spotlight

MF

Milton Friedman

The champion of free markets. Convinced the world that inflation is always a monetary phenomenon.

1976

Nobel Prize in Economics

For consumption analysis & monetary history

10

Episodes of Free to Choose

PBS series that popularized free-market ideas

31

Years at Chicago

Built the Chicago School into a powerhouse

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Milton Friedman

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Economist Spotlight

FH

Friedrich Hayek

The intellectual godfather of libertarianism. Warned that central planning leads to tyranny.

1974

Nobel Prize in Economics

For work on money & economic fluctuations

1944

The Road to Serfdom

A warning against collectivism that still resonates

25+

Books Published

Inspired Thatcher, Reagan & modern libertarianism

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Friedrich Hayek

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Economist Spotlight

JS

Joseph Schumpeter

Coined 'creative destruction.' Saw capitalism as an evolutionary force, not a stable system.

1942

Capitalism, Socialism & Democracy

His magnum opus on economic evolution

1

Paradigm-Shifting Concept

'Creative destruction' changed business theory

3

Careers

Finance minister ยท bank president ยท Harvard prof.

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Joseph Schumpeter

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Economist Spotlight

HM

Hyman Minsky

Ignored for decades, then vindicated by the 2008 crash. The prophet of financial instability.

2008

The 'Minsky Moment'

His theory explained the global financial crisis

3

Stages of Debt

Hedge โ†’ Speculative โ†’ Ponzi financing

40+

Years Ahead of His Time

Mainstream economics finally caught up

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Hyman Minsky

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Economist Spotlight

TP

Thomas Piketty

Proved with data what many suspected: capitalism naturally concentrates wealth at the top.

2.5M

Copies Sold

Capital in the Twenty-First Century (2013)

r > g

His Famous Inequality

Returns on capital outpace economic growth

200+

Years of Tax Data Analyzed

Spanning 20+ countries worldwide

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Thomas Piketty

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Economist Spotlight

SK

Steve Keen

Predicted the 2008 crash when almost no one else did. Economics' most persistent rebel.

2008

Predicted the GFC

One of just 12 economists to see it coming

1st

Revere Award Winner

Voted economist who best foresaw the crisis

25+

Years Challenging Orthodoxy

Debunking Economics is his manifesto

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Steve Keen

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Economist Spotlight

NT

Nassim N. Taleb

Former trader turned philosopher of randomness. Taught the world to fear the Black Swan.

3M+

Copies of Black Swan Sold

One of the most influential books of the 2000s

5

Books in the Incerto

A philosophical investigation of uncertainty

41

Languages Translated Into

A truly global intellectual phenomenon

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Nassim N. Taleb

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Economist Spotlight

NR

Nouriel Roubini

They called him Dr. Doom. Then 2008 happened and everyone wished they'd listened.

2006

Warned of Housing Crash

IMF speech predicting the crisis in detail

Dr. Doom

Wall Street Nickname

Earned by relentless bearish macro calls

12

Steps He Predicted

Outlined the exact sequence of the 2008 collapse

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Nouriel Roubini

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Economist Spotlight

DA

Daron Acemoglu

Proved that institutions, not geography or culture, determine why nations succeed or fail.

2024

Nobel Prize in Economics

For research on institutions & prosperity

#1

Most Cited Economist

Top of the RePEc rankings for over a decade

500+

Academic Papers

Spanning labor, growth, inequality & AI

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Daron Acemoglu

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13 cards ยท economists