British economist (1907–1995)
James Edward Meade (23 June 1907 – 22 December 1995) was a British economist who made major contributions to the theory of international trade and welfare economics . Along with Richard Kahn , James Meade helped develop the concept of the Keynesian multiplier while participating in the Cambridge circus . In the 1930s, he served as specialist adviser on behalf of the British government at the Economic and Financial Organization of the League of Nations .[3] : 477
Born in Swanage , Meade was brought up in Bath , and educated at Lambrook prep school, Malvern College and Oriel College, Oxford , where he read classics till 1928 before switching to the newly-established course in philosophy, politics, and economics .[4] He was elected a Fellow of Hertford College, Oxford in 1930, and was a lecturer in economics at Oxford from 1931 to 1937.[5] During the Second World War , he was recalled to the Economic Section of the Secretariat of the War Cabinet , which he chaired from 1946 to 1947.[5]
He was appointed CB in 1946, and served as President of the Royal Economic Society from 1964 to 1966.[5] While his work was not confined by political boundaries, he advised the Labour Party in the 1930s, and was a member of the Social Democratic Party during the 1980s.[5] He once said that he had “my heart to the left, and my brain to the right”.[6]
In 1976 he received an Honorary Doctorate from the University of Bath .[7]
Along with the Swedish economist Bertil Ohlin , he received the Nobel Memorial Prize in Economic Sciences in 1977 "for their pathbreaking contribution to the theory of international trade and international capital movements ".[2]
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1969–1975 1976–2000 2001–present
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