Which Nobel Prize did Gunnar Myrdal win?
Economic Sciences
Peace
Literature
Physics
Answer
Gunnar Myrdal was awarded the Nobel Prize in Economic Sciences in 1974. He shared the prize with Friedrich Hayek for their groundbreaking work in monetary theory and economic fluctuations, as well as their penetrating analyses of the interdependence of economic, social, and institutional phenomena. Myrdal's research focused on the problems of developing countries, particularly the vicious circle of poverty and inequality.
Exploring the Legacy of Gunnar Myrdal: A Quiz on the Swedish Economist and Sociologist
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