ECONOMIST

Ragnar Frisch

1895 - 1973

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Ragnar Anton Kittil Frisch (3 March 1895 – 31 January 1973) was an influential Norwegian economist and econometrician known for being one of the major contributors to establishing economics as a quantitative and statistically informed science in the early 20th century. He coined the term econometrics in 1926 for utilising statistical methods to describe economic systems, as well as the terms microeconomics and macroeconomics in 1933, for describing individual and aggregate economic systems, respectively. He was the first to develop a statistically informed model of business cycles in 1933. Later work on the model, together with Jan Tinbergen, won the first Nobel Memorial Prize in Economic Sciences in 1969. Read more on Wikipedia

His biography is available in different languages on Wikipedia. Ragnar Frisch is the 24th most popular economist (up from 34th in 2019), the 33rd most popular biography from Norway (down from 30th in 2019) and the most popular Norwegian Economist.

Ragnar Frisch is most famous for his work in the field of econometrics, specifically his development of the econometric technique known as "multiple time series analysis."

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Among ECONOMISTS

Among economists, Ragnar Frisch ranks 24 out of 414. Before him are Ludwig von Mises, W. Arthur Lewis, Klaus Schwab, William F. Sharpe, Jan Tinbergen, and Robert Lucas Jr.. After him are Paul Samuelson, Alexander Hamilton, Jean-Baptiste Say, Joseph Stiglitz, Amartya Sen, and Gunnar Myrdal.

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Contemporaries

Among people born in 1895, Ragnar Frisch ranks 23. Before him are Wilm Hosenfeld, William Giauque, Max Horkheimer, Paul Éluard, Paul Hindemith, and Semyon Timoshenko. After him are Dolores Ibárruri, Gerhard Domagk, Anastas Mikoyan, Sergei Yesenin, Henrik Dam, and Artturi Ilmari Virtanen. Among people deceased in 1973, Ragnar Frisch ranks 28. Before him are Karl Ziegler, Ludwig von Mises, Charles Greeley Abbot, Anna Magnani, Ferdinand Schörner, and Max Horkheimer. After him are Pablo Casals, Artturi Ilmari Virtanen, Selman Waksman, Semyon Budyonny, Gabriel Marcel, and Walter Rudolf Hess.

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In Norway

Among people born in Norway, Ragnar Frisch ranks 33 out of 1,039. Before him are Queen Sonja of Norway (1937), Magnus VI of Norway (1238), Gro Harlem Brundtland (1939), Haakon V of Norway (1270), Ivar Aasen (1813), and Trygve Lie (1896). After him are Odd Hassel (1897), Jo Nesbø (1960), Ingólfr Arnarson (850), Inge I of Norway (1135), Lars Onsager (1903), and Jostein Gaarder (1952).

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Among ECONOMISTS In Norway

Among economists born in Norway, Ragnar Frisch ranks 1. After him are Trygve Haavelmo (1911), Finn E. Kydland (1943), and Jon Elster (1940).

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