Notable Economists – India and World

96. Who is known for the theory of “creative destruction” in economics?
a) Joseph Schumpeter
b) John Nash
c) Kenneth Arrow
d) Oliver Williamson

97. Who is known for the concept of “human capital” in economics?
a) Gary Becker
b) Robert Shiller
c) Elinor Ostrom
d) Amartya Sen

98. Who is known for the theory of “imperfect competition” in economics?
a) Joan Robinson
b) Milton Friedman
c) Ronald Coase
d) Paul Romer

99. Who is known for the concept of “liquidity preference” in economics?
a) John Maynard Keynes
b) Paul Samuelson
c) Milton Friedman
d) Robert Solow

100. Who is known for the theory of “rent-seeking” in economics?
a) Gordon Tullock
b) James Buchanan
c) Robert Shiller
d) Joseph Stiglitz