Ragnar Frisch (1895–1973) completed his doctorate on mathematical statistics at the University of Oslo in 1926 and later became Professor of Economics and Statistics at the University of Oslo and Director of the Institute of Economics at the University. A democratic socialist, Frisch became influ­ential in Norway in the next few decades, filling the posts at his Institute with likeminded people and training many econo­mists who became high officials, academics, or politicians, mostly in the Labour Party. He was, with Dutch economist Jan Tinbergen, a first recipient of the Nobel Prize in Economics in 1969.