Richard Stone


Richard Stone

Sir John Richard Nicholas Stone (August 30, 1913ndash December 6, 1991) was an eminent British economist who in 1984 received the Nobel Memorial Prize in Economic Sciences for developing an accounting model that could be used to track economic activities on a national and, later, an international scale.He is sometimes known as the father of national income accounting, and is an author of studies concerning consumer demand statistics and demand modeling, economic growth, and input-output.

Stone was educated at Westminster School, Cambridge University (Caius and King's).After graduating Cambridge in 1936 and until the World War II he worked at Lloyd's Brokers [ [http://janus.lib.cam.ac.uk/db/node.xsp?id=EAD%2FGBR%2F0272%2FPP%2FJRNS Janus: The Papers of John Richard Nicholas Stone ] ] . During the war Stone worked with James Meade as a statistician and economist for the British Government. They developed there the early versions of the system of national accounts. After the war Stone worked at Cambridge as the director of a department of Applied Economics (1945– 1955) and as a P.D. Leake professor of finance and accounting (emeritus from 1980).

References

External links

* [http://nobelprize.org/economics/laureates/1984/index.html Nobel prize page]
* [http://www.geocities.com/gfh_axds_as/zax/stone-autobio.html Biography]
* [http://ideas.repec.org/e/pst23.html IDEAS/RePEc]


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