Great Economists Since Petty and Boisguilbert
Edited by Gilbert Faccarello and Heinz D. Kurz
Chapter 100: James Edward Meade (1907–1995)
James E. Meade was born on 23 June 1907 in Swanage, Dorset, brought up in Bath, Somerset, and died on 22 December 1995 in Cambridge (UK). He studied philosophy, politics and economics at Oriel College in Oxford. After his graduation he was immediately appointed to a fellowship in Economics at Hertford College. The college allowed him to go away to learn more about economics. In 1930 he went to Cambridge on the invitation of by Dennis Robertson, whom he had met in Bath some years before. Robertson introduced Meade to Richard Kahn who was working on his paper on the multiplier – “The relation of home investment to unemployment” – which was published in the Economic Journal in 1931. Working with Kahn, Meade became a member of the “Circus”, a group of young economists who discussed Keynes’s (1930) A Treatise on Money. The other members of the group were Piero Sraffa and Austin and Joan Robinson. In 1931 Meade went back to Oxford and taught economics at Hertford College. From 1938 till 1940 he worked at the Economic Intelligence Service of the League of Nations in Geneva. During the war he was employed in the Economic Section of the War Cabinet Offices, where he prepared, together with Richard Stone, the first estimates of national income accounts. In 1946 Meade followed L. Robbins as director of the Economic Section and a year later he happily accepted Robbins’s offer of the Cassel Professorship of Commerce with special reference to International Trade at the London...
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