Joint winner of the first Nobel Prize in Economic Sciences with Ragnar Frisch in 1969, Dutch theorist Jan Tinbergen initially studied mathematics and physics, then began to apply scientific principles to economic theory and, in so doing, laid the foundations for the new field of econometrics. He worked as an adviser to the League of Nations and the Dutch Central Bureau of Statistics, where, in 1936, he developed a new national macroeconomic model. It was later adopted by other governments.

Key works: 1939 Business Cycles in the United States, 1919-1932, 1952 On the Theory of Economic Policy

Link to History of Economic Thought Website Page on Jan Tinbergen