Portrait of Nicholas Kaldor

Birthday profile

Nicholas Kaldor

Nicholas Kaldor, Hungarian-English economist (died 1986)

Born
May 12, 1908
Died
September 30, 1986
Zodiac sign
Taurus
Birth year
1908

About Nicholas Kaldor

Nicholas Kaldor, Baron Kaldor, born Káldor Miklós, was a Hungarian-born British economist. He developed the "compensation" criteria called Kaldor–Hicks efficiency for welfare comparisons (1939), derived the cobweb model, and argued for certain regularities observable in economic growth, which are called Kaldor's growth laws. Kaldor worked alongside Gunnar Myrdal to develop the key concept Circular Cumulative Causation, a multicausal approach where the core variables and their linkages are delineated.

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

The world when Nicholas Kaldor was born

Nicholas Kaldor was born in 1908. 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 1908

  • Best-selling book"Mr. Crewe's Career" – Winston Churchill

Headlines and milestones

  • Major sports momentChicago Cubs win World Series
  • Top headlineFord Model T goes on sale — $850
  • Technology milestoneFord Model T — affordable automobile for the masses
  • Defining fadAutomobile craze
  • World population~1.68B

United States snapshot

  • U.S. leaderTheodore Roosevelt
  • U.S. population87.4M

1908 versus 2026

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

Measure19082026
Population87.4M341 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, Wikidata. 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.