Gunnar Myrdal (1898–1987) was a Swedish economist and social scientist who made significant contributions to the fields of economics, sociology, and political science. He was awarded the Nobel Memorial Prize in Economic Sciences in 1974, jointly with Friedrich Hayek, for their pioneering work in the theory of money and economic fluctuations and for their analysis of the interdependence of economic, social, and institutional phenomena.

Key points about Gunnar Myrdal:

1. **Early Life and Education:**
– Gunnar Myrdal was born on December 6, 1898, in Gustafs, Sweden.
– He studied at the University of Stockholm, where he earned a law degree in 1923 and a doctorate in economics in 1927.

2. **Career and Contributions:**
– Myrdal’s early work focused on monetary theory and economic fluctuations. He collaborated with economist Bertil Ohlin on the influential work “Monetary Equilibrium,” published in 1931.
– His later work expanded to broader social and political issues. He became known for his multidisciplinary approach, integrating economic analysis with insights from sociology, political science, and history.
– Myrdal’s major work, “An American Dilemma: The Negro Problem and Modern Democracy,” published in 1944, examined racial inequality and discrimination in the United States. The study was commissioned by the Carnegie Corporation.

3. **Public Policy and International Work:**
– Gunnar Myrdal held several public policy positions, including serving as a member of the Swedish Parliament and as Sweden’s Minister of Trade.
– He was also involved in various international organizations and projects. Myrdal worked with the United Nations and served as the executive secretary of the United Nations Economic Commission for Europe.

4. **Nobel Prize:**
– In 1974, Myrdal was awarded the Nobel Memorial Prize in Economic Sciences for his work in economic theory and for his comprehensive approach to analyzing the interactions between economic, social, and institutional factors.

5. **Later Years:**
– Gunnar Myrdal continued his academic and policy work into his later years. He remained an influential figure in the fields of economics and social sciences.

Gunnar Myrdal’s contributions to the understanding of economic and social issues, along with his commitment to addressing inequality and discrimination, have left a lasting impact. His work has influenced scholars and policymakers across various disciplines.