Friday, April 16, 2021

Macro-economist Robert A Mundell (1932-2021): RIP


‘Impossible Trinity’

Recently, world renowned macro economist and Economics Nobel Prize winner Prof Robert A Mundell passed away.

Some of his early research were bath-breaking in the fields of international macroeconomics especially on the currency, trade, monetary policy and exchange related issues. 

He was awarded the 1999 Nobel Prize in economics “for his analysis of monetary and fiscal policy under different exchange rate regimes and his analysis of optimum currency areas.” A brief note on his major works are here.

The debate between great free market economist Milton Friedman and Mundell is really fascinating even after decades of its happening.

The following are some of the obituary articles explaining Prof Mundell's contribution in the world of economics:

Nobel prize winning economist Paul Krugman argues many dimensions of Mundell's contributions in international economics. 

Remembering Robert Mundell


Robert A. Mundell, a Father of the Euro and Reaganomics


The Euro Hero Economist dies


Dr. Mundell was widely regarded as one of the most consequential economists of the late 20th century, his work often compared or even equated with that of John Maynard Keynes and Milton Friedman


RIP, Robert Mundell: The economist BJP needs to adopt

The Zeus Of Economics Has Died

Father of International Economics by Martin Wolf

Former student of Mundell: The genius of Robert Mundell

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