1908 118 years ago Notable Births May 12

Nicholas Kaldor, Hungarian-English economist (died 1986)

On May 12, in the year 1908, Nicholas Kaldor, Hungarian-English economist (died 1986). This event is recorded as a Notable Births event in the history of May 12, a notable event in this corner of history.

1 notable person is associated with this event, including Nicholas Kaldor. Learn more below.

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.

Key Facts

  • This event took place on May 12, 1908 (AD era).
  • It is categorised as a Notable Births event in recorded history.
  • Referenced in 1 Wikipedia article.
  • 1 notable person is recorded as involved in or associated with this event.
  • Wikipedia source last updated on 17 February 2026.

On This Date in History

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Notable Deaths 2016 May 12 Mike Agostini, Trinidadian sprinter (born 1935)
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Notable Deaths 2014 May 12 Cornell Borchers, Lithuanian-German actress and singer (born 1925)
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Notable Deaths 2013 May 12 Gerd Langguth, German political scientist, author, and academic (born 1946)
Notable Deaths 2012 May 12 Jan Bens, Dutch footballer and coach (born 1921)
Notable Deaths 2012 May 12 Eddy Paape, Belgian illustrator (born 1920)
Historical Events 2010 May 12 Afriqiyah Airways Flight 771 crashes on final approach to Tripoli International Airport in Tripoli, Libya, killing 103 o
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Notable Deaths 2009 May 12 Antonio Vega, Spanish singer-songwriter and guitarist (born 1957)
Historical Events 2008 May 12 An earthquake (measuring around 8
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Historical Events 2006 May 12 Mass unrest by the Primeiro Comando da Capital begins in São Paulo (Brazil), leaving at least 150 dead
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This article draws on content from Wikipedia, available under CC BY-SA 4.0.

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Nicholas Kaldor

Hungarian-British economist

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