Robert W. Fogel (American economist)

Robert W. Fogel was an influential American economist known for his work in economic history and the field of cliometrics, which applies quantitative methods to historical data. He is best known for his research on the economic impact of railroads and their role in America's growth, demonstrating that their contribution was more significant than previously thought. Fogel's innovative approaches earned him the Nobel Prize in Economic Sciences in 1993. His work reshaped how economists view historical events, emphasizing the importance of data analysis in understanding economic trends and outcomes.