Roy Harrod bigraphy, stories - Economists

Roy Harrod : biography

February 13, 1900 - March 8, 1978

Sir Henry Roy Forbes Harrod (February 13, 1900 – March 8, 1978) was an English economist. He is best known for his biography of John Maynard Keynes and the development of the Harrod–Domar model, which he and Evsey Domar developed independently. He is also known for his International Economics, a former standard textbook, the first edition of which contained some observations and ruminations (wanting in subsequent editions) that would foreshadow theories developed independently by later scholars (such as the Balassa–Samuelson effect).

List of works

  • "Doctrines of Imperfect Competition," Quarterly Journal of Economics 48 (May 1934), 442–470.
  • "The expansion of Credit in an Advancing Community", Economica NS 1 (August 1934), 287-299.
  • The Trade Cycle (Oxford: Clarendon Press, 1936).
  • "Utilitarianism Revised," Mind 45 (April 1936), 137-156.
  • "Mr. Keynes and Traditional Theory," Econometrica NS 5 (January 1937), 74-86.
  • "Scope and Method of Economics," Economic Journal 48 (Sept. 1938), 383–412.
  • "An Essay in Dynamic Theory," Economic Journal 49 (March 1939), 14–33.
  • International economics (London: Nisbet, and Cambridge: Cambridge University Press; New York: Harcourt and Brace). Five editions from 1939 to 1973.
  • Towards a Dynamic Economics (London: Macmillan, 1948)
  • The Life of John Maynard Keynes (London: Macmillan, 1951)
  • "Economic Essays" (London: Macmillan, 1952)
  • Foundations of Inductive Logic (1956).
  • The Prof: A Personal Memoir of Lord Cherwell (London, Macmillan, 1959)
  • "Domar and Dynamic Economics," Economic Journal 69 (September 1959), 451–464.
  • "Second Essay in Dynamic Theory," Economic Journal 70 (June 1960), 277–293.
  • "Themes in Dynamic Theory," Economic Journal 73 (September 1963), 401–421.
  • Sociology, Morals and Mystery, (London: Macmillan, 1970).
  • Economic Dynamics (London: Macmillan, 1973).
  • (Cheltenham: Elgar, 2003).

Biography

Born in LondonOxford DNB he attended St Paul's and then Westminster School. Harrod attended New College in Oxford on a history scholarship. After a brief period in the Artillery in 1918 he gained a first in "literae humaniores" in 1921, and a first in modern history the following year. Afterwards he spent some time in 1922 at King's College, Cambridge. It was there that he met and befriended Keynes.

After moving back to Oxford, he became a Student (i.e. Fellow) and Tutor in economics at Christ Church. He held the fellowship in modern history and economics until 1967. He was still in contact with Keynes and was later his biographer. He was additionally a Fellow at Nuffield College 1938 to 1947 and from 1954 to 1958.

He married Wilhelmine Cresswell (Billa), step-daughter of General Sir Peter Strickland, in 1938.

During the Second World War, he was briefly in Winston Churchill's "S-branch"—a statistical section within the Admiralty.

At the 1945 General Election he stood as Liberal candidate for Huddersfield and finished third.

After retiring in 1967, he moved to Holt, Norfolk

Assar Lindbeck, the former chairman of the Nobel Prize Committee, wrote that Harrod would have been awarded a Nobel Memorial Prize in Economic Sciences if he had lived longer.

Notes

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