An Introduction to Their Careers and Main Published Works
THE 1984 NOBEL MEMORIAL LAUREATE RICHARD STONE RICHARD STONE J. Richard N. Stone (1913–91) © The Nobel Foundation Richard Stone was born in London, UK in 1913. An undergraduate at Gonville and Caius College, Cambridge from 1931 to 1935 he studied law for two years before switching to economics and graduating with a BA in 1935 and an MA in 1938. Among his teachers at Cambridge were Richard Kahn (1905–89), John Maynard Keynes (1883–1946) and Colin Clark (1905–89), who was a lecturer in statistics and an early pioneer of national income measurement. After graduating he initially worked as an insurance clerk for a brokerage ﬁrm in the City of London before joining the staff of the Ministry of Economic Welfare in 1939. In 1940 he was transferred to the Central Economic Information Service (CEIS) of the War Cabinet Ofﬁce where, with James Meade (the 1977 Nobel Memorial Laureate), he worked on a set of estimates of the UK’s economic and ﬁnancial position. Their estimates were published in 1941 as part of a Government White Paper (Cmd. 6261), An Analysis of the Sources of War Finance and an Estimate of the National Income and Expenditure in 1938 and 1940. Following the division of the CEIS into an Economic Section and a Central Statistical Ofﬁce (CSO) he worked at the CSO from 1941 to 1945 where, as Keynes’s assistant, he produced annual estimates of national income and expenditure (a precursor to today’s Blue Books: National Income and...
You are not authenticated to view the full text of this chapter or article.
Elgaronline requires a subscription or purchase to access the full text of books or journals. Please login through your library system or with your personal username and password on the homepage.
Non-subscribers can freely search the site, view abstracts/ extracts and download selected front matter and introductory chapters for personal use.
Your library may not have purchased all subject areas. If you are authenticated and think you should have access to this title, please contact your librarian.