Science Fair Project Encyclopedia
He was professor of economics at the Stockholm School of Economics from 1933 to 1947 and minister of trade from 1945 to 1947. Between 1960 and 1967 he was professor of international economics at Stockholm University. He shared the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel|Bank of Sweden Prize in Economic Sciences in 1974.
Myrdal is maybe most famous for coining the phrase of "An American Dilemma" in his book "An American Dilemma:The Negro Problem and Modern Democracy". [NOTE: The original edition was published in 1944]
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