Karl Gunnar Myrdal (Swedish: [ˈmyːɖɑːl]; 6 December 1898 – 17 May 1987) was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences with Friedrich Hayek for their work in the theory of money and economic fluctuations.[1] He was best known in the United States for his study of race relations, which is seen in his book An American Dilemma: The Negro Problem and Modern Democracy.
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