Gunnar Myrdal Quotes

Karl Gunnar Myrdal was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences with Friedrich Hayek for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." He is best known in the United States for his study of race relations, which culminated in his book An American Dilemma: The Negro Problem and Modern Democracy. The study was influential in the 1954 landmark U.S. Supreme Court Decision Brown v. Board of Education. In Sweden, his work and political influence were important to the establishment of the Folkhemmet and the welfare state. Wikipedia  

✵ 6. December 1898 – 17. May 1987
Gunnar Myrdal photo

Works

An American Dilemma
An American Dilemma
Gunnar Myrdal
An American Dilemma
An American Dilemma
Gunnar Myrdal
Gunnar Myrdal: 26 quotes1 like

Famous Gunnar Myrdal Quotes

“A criticism of Keynes and Hayek would have to begin by pointing out the fact that in their theoretical systems there is no place for the uncertainty factor and anticipations.”

Gunnar Myrdal

Source: Monetary Equilibrium (1939), p. 32; Cited in: Philip Pilkington, " Gunnar Myrdal’s Prescient Criticisms of Keynes’ General Theory http://fixingtheeconomists.wordpress.com/2013/08/10/gunnar-myrdals-prescient-criticisms-of-keynes-general-theory/" Posted on August 10, 2013

“Education has in America's whole history been the major hope for improving the individual and society.”

Gunnar Myrdal

Myrdal (1984), quoted in: Revue internationale de pédagogie expérimentale, Vol. 22-23. H. Dunantlaan 1. (1985), p. 367

Gunnar Myrdal Quotes

“Language, as we know, is full of illogicalities.”

Gunnar Myrdal

G. Myrdal (1951), "The Trend Towards Economic Planning." The Manchester School, 19: 1–42.
Context: The term 'economic planning' and perhaps still more bluntly 'planned economy' contains a tautology... The word 'economy' by itself implies, of course, a co-ordination of activities, directed towards a purpose. It implies a subject, a will, a plan, and a rational adaptation of means towards an end or or a goal. To add “planned” in order to indicate that this co<ordination of activities has a purpose, does not make much sense or cannot, anyhow, be good usage. Language, as we know, is full of illogicalities.

“The treatment of the Negro is America's greatest and most conspicuous scandal.”

Gunnar Myrdal book An American Dilemma

Source: An American Dilemma (1944), p. 1020
Context: The treatment of the Negro is America's greatest and most conspicuous scandal. It is tremendously publicized, and democratic America will continue to publicize it itself. For the colored peoples all over the world, whose rising influence is axiomatic, this scandal is salt in their wounds.

“Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as .”

Gunnar Myrdal

Source: Monetary Equilibrium (1939), p. 34
Context: An important distinction exists between prospective and retrospective methods of calculating economic quantities such as incomes, savings, and investments; and... a corresponding distinction of great theoretical importance must be drawn between two alternative methods of defining these quantities. Quantities defined in terms of measurements made at the end of the period in question are referred to as ex post; quantities defined in terms of action planned at the beginning of the period in question are referred to as.

“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 more and more state intervention in practically all fields.”

Gunnar Myrdal

Source: Beyond the Welfare State (1958), p. 38
Context: 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 more and more state intervention in practically all fields. Their interest clearly lies in having individual contracts subordinated as much as possible to general norms, laid down in laws, regulations, administrative dispositions, and semi-voluntary agreements between apparently private, but in reality, quasi-public organizations [e. g., wage agreements between Swedish unions and employers' confederations, and their counterparts in other countries].

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