The Ten Most Influential Economists of All Time
The economy has a huge impact on the quality of our lives, those whom have had an effect on the policy adopted, how it functions and the economy's health remain influential both during their tenure and for generations after. Here the Complete University Guide draws up its list of those we consider the most influential economists of all time:
Muhammad Yunus 1940–Present
Muhammad Yunus has done much for the economies of the world’s poorer areas. Early in his career, Yunus discovered that very small loans had a disproportionately positive impact on a poor person. Loaning to poor people was a practice banks were reluctant to subscribe to before Yunus’ work. The microcredit was born, now widely used in developing countries and with the potential to alleviate poverty. Critics of microcredit argue that the practice leaves the world's poor in a debt trap.
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