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Lewis, Arthur |
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Lewis, (William) Arthur (1915–1991)British economist. His Theory of Economic Growth (1955) was one of the first textbooks in the post-war era to explore the problems of the developing world. Lewis shared the Nobel Prize for Economics with US agricultural economist Theodore Schultz in 1979 for a lifetime of effort in the field of development economics. In 1954 Lewis published a paper on ‘Economic Development with Unlimited Supplies of Labour’, which spawned a whole literature on ‘dual economies’ – small, urban, industrialized sectors of economic activity surrounded by a large, rural, traditional sector, like minute islands set in a vast ocean – and put its stamp on the character of development economics for decades to come.
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Ten Nobel prize winners in economics worked closely with the UN--either as staff (for instance, Arthur Lewis, the first prize winning economist from a developing country) or as associates (for instance, Dutchman Jan Tinbergen, notable for expressing his disappointment at winning the prize for economics--he said he had hoped to win the peace prize FOLLOWING A line of argument pioneered by Arthur Lewis, the late economics Nobel laureate from Princeton University, Pomeranz shows in The Great Divergence that industrial development depends upon countries overcoming the "land constraint. Arthur Lewis and Dora Smith (who argue Washington's), as well as a plethora of minor characters who express various alternative positions on Black enfranchisement, education, and "social equality. |
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