Gunnar Heckscher
Heckscher was born in Djursholm, son of economist Eli Heckscher. He graduated from Uppsala University in 1927 and obtained a PhD 1934. He lectured in political science at Uppsala between 1933 and 1941 and at what later became Stockholm University between 1941 and 1948. He was Dean of the Social Institute of Stockholm 1945-1954. He became a professor in 1948 and worked at both the Social Institute and at Stockholm University.
Richard T. Ely
Ely attended Columbia University in New York City, from which he received a bachelor's degree in 1876 and a master's degree in 1879. He received a Doctor of Philosophy degree in economics from the University of Heidelberg in that same year, where he had studied with Karl Knies, who belonged to the historical school of economics, and Johann Kaspar Bluntschli. He later received a Doctorate of Laws from Hobart College, receiving the degree in 1892.