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Mancur Olson

American economist (1932–1998)

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Born
January 22, 1932
Died
February 19, 1998
Zodiac sign
Aquarius
Birth year
1932

About Mancur Olson

Mancur Lloyd Olson Jr. (; January 22, 1932 – February 19, 1998) was an American economist and political scientist who taught at the University of Maryland, College Park. His most influential contributions were to new institutional economics, and focused on the role played by private property, taxation, public goods, collective action, and contract rights in economic development. To help bring his ideas to the attention of policymakers, Olson founded the Center for Institutional Reform in the Informal Sector ("IRIS Center"), funded by USAID (United States Agency for International Development). Air Force, Olson became a lecturer in the Economics Department of the United States Air Force Academy from 1961 to 1963.

Biography source: Wikipedia. The profile adds birthday-specific historical context from the Celebs Birthday Today editorial database.

The world when Mancur Olson was born

Mancur Olson was born in 1932. The year snapshot below places that birthday in its cultural and historical setting: the music and films people were following, the headlines shaping public life, and the everyday prices families encountered.

Culture in 1932

  • #1 song"Brother, Can You Spare a Dime?"
  • Top movieGrand Hotel
  • Best-selling bookBrave New World – Aldous Huxley

Headlines and milestones

  • Major sports momentBabe Ruth's "called shot" in the World Series
  • Top headlineFDR elected in a landslide during the Great Depression
  • Technology milestoneAmelia Earhart becomes first woman to fly solo across the Atlantic
  • Defining fadMonopoly board game (unofficial versions)
  • Notable inventionPolaroid filters
  • World population2.14 billion

United States snapshot

  • U.S. leaderHerbert Hoover
  • Sports championNew York Yankees (World Series)
  • U.S. population124.8M

1932 versus 2026

These figures put everyday life in Mancur Olson's birth year beside the site's latest United States snapshot.

Measure19322026
Gas$0.18$3.45/gal
Average home$5,000$435,000
Average income$2,600$67,500
Movie ticket$0.20$11.95
Postage stamp$0.03$0.73
Population124.8M341 million

Sources and editorial standards

This profile combines a biographical source with structured birthday and historical context. Sources recorded for this profile: Wikipedia, Encyclopaedia Britannica, Library of Congress. See our editorial policy for sourcing, corrections, and review standards.

Read the source biography on Wikipedia. Wikipedia text is available under the Creative Commons Attribution-ShareAlike License.