Lindbeck, Assar.
As the result of evil political forces in the 1930s and 1940s, research and qualified academic education in economics nearly disappeared from the European continent. To a considerable extent, this loss of competence took the form of a brain drain to the United States. The damage to academic research and teaching was particularly pronounced in the field of “technical economics”, i.e., formalized economic theory and econometrics, since the role of teachers and course programs is particularly important in these fields.
Πηγή: CESifo