ECONOMIST

Arthur Melvin Okun

1928 - 1980

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Arthur Melvin "Art" Okun (November 28, 1928 – March 23, 1980) was an American economist. Okun is known in particular for Okun's law, an observed relationship that states that for every 1% increase in the unemployment rate, a country's GDP will be roughly an additional 2.5% lower than its potential GDP. He is also known as the creator of the misery index and the analogy of the deadweight loss of taxation with a leaky bucket. Read more on Wikipedia

His biography is available in different languages on Wikipedia. Arthur Melvin Okun is the 238th most popular economist (up from 241st in 2019), the 4,869th most popular biography from United States (down from 4,465th in 2019) and the 82nd most popular American Economist.

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Among ECONOMISTS

Among economists, Arthur Melvin Okun ranks 238 out of 414. Before him are Thomas Sowell, Paul Volcker, Douglas Diamond, Colin Clark, Olivier Blanchard, and Chester Barnard. After him are Johann Karl Rodbertus, Grigory Yavlinsky, Guy Standing, Leszek Balcerowicz, Wilhelm Georg Friedrich Roscher, and Ellen Swallow Richards.

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Contemporaries

Among people born in 1928, Arthur Melvin Okun ranks 273. Before him are Robert M. Pirsig, Roald Aas, Annie Cordy, Ian Bannen, Amata Kabua, and Joss Ackland. After him are Ciriaco De Mita, Mikio Sato, Franciszek Pieczka, Maurice Sendak, Azlan Shah of Perak, and William Berger. Among people deceased in 1980, Arthur Melvin Okun ranks 154. Before him are Oskar Kummetz, Miliza Korjus, Roza Eskenazi, Sohrab Sepehri, Jacqueline Cochran, and Torcuato Fernández-Miranda. After him are Andrija Anković, Yakov Malik, Nihat Erim, Sanjay Gandhi, Jan Werich, and Dorothy Day.

Others Born in 1928

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Others Deceased in 1980

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In United States

Among people born in United States, Arthur Melvin Okun ranks 4,869 out of 20,380. Before him are Gall (1840), Blake Clark (1946), Nancy Meyers (1949), Ezzard Charles (1921), Jim Hall (1930), and James Neill (1860). After him are Del Shannon (1934), Henry Kuttner (1915), John Marley (1907), Darlene Conley (1934), Kathleen Quinlan (1954), and Dabbs Greer (1917).

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Among ECONOMISTS In United States

Among economists born in United States, Arthur Melvin Okun ranks 82. Before him are Peter Senge (1947), Hyman Minsky (1919), Thomas Sowell (1930), Paul Volcker (1927), Douglas Diamond (1953), and Chester Barnard (1886). After him are Ellen Swallow Richards (1842), Dennis Meadows (1942), Edward Chamberlin (1899), Leo Huberman (1903), Joshua Angrist (1960), and Deirdre McCloskey (1942).

American born Economists

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