Top 10 most inspiring quotes by Gunnar Myrdal
- America has had gifted conservative statesmen and national leaders. But with few exceptions, only the liberals have gone down in history as national heroes.
- Rent control has in certain Western countries constituted, maybe, the worst example of poor planning by Governments lacking courage and vision.
- In most circles, the idea of economic planning has been in disrepute most of the time and, particularly in America, has almost carried connotations of intellectual and moral perversion and even political subversion.
- All sudden and violent changes, whatever their causes or character, must tend to decrease the respect for status quo as a natural order of things.
- It is natural for the ordinary American when he sees something wrong to feel not only that there should be a law against it but, also that an organization should be formed to combat it.
- It is no accident that the Victorian age, the heyday of conventionalism, was the cultural bloom of economic liberalism.
- The short-term international capital market is shrunken and erratic, and cannot be relied upon to cushion the effects of tendencies to disequilibrium in the balance of payments.
- Generally speaking, the less privileged groups in democratic society, as they become aware of their interests and their political power, will be found to press for ever more state intervention in practically all fields.
- America is conservative in fundamental principles… but the principles conserved are liberal and some, indeed, are radical.
- Correlations are not explanations and besides, they can be as spurious as the high correlation in Finland between foxes killed and divorces.
Gunnar Myrdal (1898-1987) was a Swedish economist, sociologist, and politician, best known for his influential contributions to the fields of social science and his pioneering work on race relations. He was born on December 6, 1898, in Gustafs, Sweden.
Myrdal’s career spanned various fields, but he gained international recognition for his study on the socio-economic conditions of African Americans in the United States. This research culminated in his groundbreaking book “An American Dilemma: The Negro Problem and Modern Democracy,” published in 1944. The work provided a comprehensive analysis of racial segregation, discrimination, and their impact on American society, influencing the civil rights movement.
In addition to his work on race relations, Myrdal made significant contributions to economic theory and development economics. He served as the head of the Swedish Social Democratic Party and held various positions within the Swedish government, including Minister of Trade and later Minister of Communications.
Gunnar Myrdal was awarded the Nobel Memorial Prize in Economic Sciences in 1974, jointly with Friedrich Hayek, for their seminal contributions to economic theory. His legacy endures through his impactful research on race, economic development, and policy-making, which continues to shape scholarly discourse and policy discussions worldwide. Myrdal passed away on May 17, 1987, leaving behind a lasting influence on the social sciences and a commitment to understanding and addressing societal challenges.
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