Nobel Memorial Prize in Economic Sciences
Laureates in the Memorial Prize in Economics are selected by the Royal Swedish Academy of Sciences. It was first awarded in 1969 to the Dutch and Norwegian economists Jan Tinbergen and Ragnar Frisch, "for having developed and applied dynamic models for the analysis of economic processes".
Abba P. Lerner
Although Lerner never received the Sveriges Riksbank's Nobel Memorial Prize in Economic Sciences, he has been recognized as one of the greatest economists of his era. Fundamental economic "concepts, theorems and rules" were derived and/or furthered by Lerner's work throughout his academic career.Lerner married Alice Sendak in 1930. In 1932, they had twin children Marion and Lionel. At some point, their marriage ended and Lerner ended up remarrying to Daliah Goldfarb at the age of 57.