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here are many fine economists without a PhD in economics, and there are terrible economists with a PhD.

United statesDavid ricardoJohn maynard keynesWilliam stanley jevonsThabi leokaChris hartCarl mengerAlfred marshallChristine lagardeIrving fisherAdam smithKarl marxGlobal market strategist at standard bankEuropean central bankInternational monetary fundWorld economic forum