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From 1964 to 1971, Lindbeck was a professor at the School of Business. In 1971 he changed jobs and became a professor at the Stockholm University Institute of International Economics.
During the years 1971–1994, Lindbeck was a member of the Committee for the Nobel Prize in Economics of the Swedish Academy of Sciences. Since 1981 he was also its president.
Assar Lindbeck was associated for a long time with the Social Democrats, but during the 1982 election campaign Lindbeck left the party because of his attitude toward wage earning funds. Lindbeck was against the idea from the beginning.
In December 1992, in connection with the economic crisis in Sweden, Assar Lindbeck was commissioned to head the Economic Commission, which became better known as the Lindbeck Commission. The Commission’s task was to come up with proposals to improve Sweden’s economy and competitiveness.
Assar Lindbeck investigated In economics for more than 60 years, he is best known academically for his research on the so-called “insiders” and “outsiders” in the job market. Together with Dennis Snower, Lindbeck published the book “The Insider – Outsider Theory of Unemployment” in 1988.
Assar Lindbeck turned 90 years old.
