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Gunnar
Myrdal can best be defined as an economist, sociologist and politician.
In regard to economics, he was first a mainstream theorist and then an
Institutionalist. He was a senator in Sweden's Parliament in the years
1934-1936 and 1942-1946, and was minister for trade and commerce from
1945 to 1947. He later served as the executive secretary for the United
Nations Economic Commission for Europe for ten years (1947-1957). He won
the Nobel Prize in Economics in 1974, with Friedrich August von Haye k
"for their pioneering work in the theory of money and economic fluctuations
and for their penetrating analysis of the interdependance of economic,
social, and institutional phenomena."
Myrdal and probably
best known for his 1944 book, "An American Dilemma", in which he literally
tore apart the "separate but equal" doctrine implemented in the United
States. In fact, it was largely this work which resulted in the Supreme
Court ru ling on Brown v. Board of Education of Topeka, in which racial
segregation of public schools was outlawed. He also showed how the New
Deal policies which implemented restrictions of agricultural output and
the minimum wage hurt African-American s.
Myrdal's other
major work, "Asian Drama: An inquiry into the Poverty of Nations", emphasized
the importance of human capital and a more diverse distribution of agricultural
land for economic development in Southeast Asia.
Another important book by Myrdal was, "The Political Element in the Development
of Economic Theory", in wich he discusses the foundations of political
economy and the development of economics. In his work,"The Relation Between
Social Theory and Social Policy", Myrdal wrote the following:
"It has become recognized that the most promising field for research is
the "no man's land" between the traditional disciplines. There is one
concept which the economist or the sociologist can keep blurred, namely
the concept of "economics" o r "sociology"; for it can never be a premise
for a rational inference. In reality, what exists are merely problems
to be solved, theoretical or practical; and the rational way of attacking
them is to use the methods which are most adequate for solving ea ch particular
problem."
Works by Gunnar
Myrdal:
An American Dilemna:
The Negro Problem and Modern Democracy
Asian Drama: An Inquiry
into the Poverty of Nations
The Political Element
in the Development of Economic Theory
The Relation Between
Social Theory and Social Policy
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