"for having developed and applied dynamic models for the analysis of economic processes."
Born - 1895 the son of a goldsmith he was expected to continue the family business.
1919 - completed an economics degree with the encouragement of his mother
1921 - he spent 3 years studying economics in France and England
1925 - started teaching at a Uni in Oslo
1927 - received fellowship from the Rockerfella Foundation
1932 - Founded the Rockefeller-funded Institute of Economics
1961 - received the Antonio Feltrinelli prize