Historical Figures Codexery

Ragnar Frisch

Pioneer of econometrics and coiner of microeconomics and macroeconomics.

He coined the terms econometrics, microeconomics, and macroeconomics, and shared the first Nobel Memorial Prize in Economic Sciences in 1969 with Jan Tinbergen.[1][2][3] The Frisch Medal and the Frisch Centre for Applied Economic Analysis at the University of Oslo are named after him.[4]

Quick Facts

Birth name
Ragnar Anton Kittil Frisch
Born
3 March 1895
Birthplace
Kristiania, Norway
Died
31 January 1973
Place of death
Oslo, Norway
Field
Economics
Workplaces
University of Oslo
Known for
  • Econometrics
  • Production theory
  • Frisch elasticity
  • Frisch–Waugh–Lovell theorem

Facts from the source article.

Life and work

During the Nazi occupation of Norway, he was arrested in October 1943 and imprisoned in Bredtveit, Berg, and Grini concentration camps until October 1944.[5] Frisch was destined to take over the family jewelry trade and started as an apprentice at the David Andersen workshop.[6][3] Following his mother's insistence, Frisch pursued university studies in economics at the Royal Frederick University alongside his craft training, and he passed his degree in 1919.[6][7] In 1926, Frisch earned his Dr. Philos. degree from the University of Oslo, with a dissertation in mathematical statistics.[8][7]

Frisch helped establish the Econometric Society in 1930, and from 1933 until 1955 he served as the Editor of its journal, Econometrica.[4][9][3] Bee-keeping was Frisch's primary leisure activity, and he conducted genetic research on his bees.[10]

What the cited sources add

The hetwebsite account describes Frisch as "the lord of economic nomenclature" and notes his meticulousness and reluctance to publish.[3] Bjerkholt's biography states that Frisch's mother insisted he take university studies alongside his craft training.[7] The same source reports that Frisch passed his economics exam with distinction in spring 1919 and received his craftsman's certificate as a goldsmith the following year.[7] The Econometric Society's awards page records that Frisch, along with Charles Roos and Irving Fisher, convened the organizational meeting of the Society in December 1930 in Cleveland.[9]

A 2019 article from Forskning.no quotes economist Kalle Moene saying Frisch and Trygve Haavelmo laid essential parts of the foundation for modern economic theory and method.[11] According to the same source, Frisch was a key promoter of national accounts and began that work in 1932.[11]

References

  1. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: "Ragnar Frisch Norwegian economist Britannica", www.britannica.com; Bjerkholt, "Ragnar Frisch", Norsk biografisk leksikon, 2020-02-25; "Ragnar Frisch", www.hetwebsite.net; "Ragnar Frisch", Econlib (we also read that source) en.wikipedia.org
  2. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: "The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1969", NobelPrize.org (original not read by us) en.wikipedia.org
  3. "Ragnar Frisch", www.hetwebsite.net. facts only, no text reused. hetwebsite.net
  4. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: "Ragnar Frisch Norwegian economist Britannica", www.britannica.com; Gaustadalleen 21, "Om Frischsenteret – Frischsenteret", www.frisch.uio.no; "Awards The Econometric Society", www.econometricsociety.org; Pileberg, "Jublileum for Ragnar Frisch og Trygve Haavelmo: Dei valde korte, lette studium og fekk Nobelprisen begge to", Forskning.no – Norges største nettavis om forskning, 2019-12-20 (we also read that source) en.wikipedia.org
  5. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: "Arrest of Professor Frisch", Econometrica, 1944, p. 93; "Nordmenn i fangenskap 1940–1945", Universitetsforlaget, 2004, p. 226 (original not read by us) en.wikipedia.org
  6. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: Frisch, "Nobel Lectures, Economics 1969–1980", World Scientific Publishing Co., 1992 (original not read by us) en.wikipedia.org
  7. Bjerkholt, "Ragnar Frisch", Norsk biografisk leksikon, 2020-02-25. facts only, no text reused. nbl.snl.no
  8. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: "Ragnar Frisch", www.hetwebsite.net (we also read that source) en.wikipedia.org
  9. "Awards The Econometric Society", www.econometricsociety.org. facts only, no text reused. econometricsociety.org
  10. Wikipedia, "Ragnar Frisch" (CC BY-SA 4.0), which cites: "Ragnar Frisch:Facts", nobelprize.org (original not read by us) en.wikipedia.org
  11. Pileberg, "Jublileum for Ragnar Frisch og Trygve Haavelmo: Dei valde korte, lette studium og fekk Nobelprisen begge to", Forskning.no – Norges største nettavis om forskning, 2019-12-20. facts only, no text reused. forskning.no

Each numbered sentence above was checked against the source it cites before publication. Sentences citing Wikipedia adapt text from the English Wikipedia article Ragnar Frisch (contributors), used under CC BY-SA 4.0; this entry is available under the same licence. Other sources were used for facts only; no text or images are copied from them.

More in Scientists & Inventors

Thomas Robert MalthusKarl MarxCarl MengerLuca PacioliVilfredo ParetoJoseph SchumpeterFrancis FukuyamaThomas PaineAyn RandMurray RothbardFriedrich EngelsThomas Hobbes

Elsewhere in Historical Figures

Jacob Lawrence · Artists & ComposersJohn of Gaunt · Rulers & LeadersBuckminster Fuller · Notable FiguresSolon · Notable FiguresAlessandro Volta · Notable FiguresEmil Jannings · Writers & Journalists

Spotted an error? Know more?

Reader corrections go straight into our review queue. Suggest an edit · How this site is sourced

Comments

Loading…
Open in the interactive codex →