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Nicholas Kaldor, Baron Kaldor (12 May 1908 – 30 September 1986), born Káldor Miklós, was a Hungarian economist. He developed the "compensation" criteria called Kaldor–Hicks efficiency for welfare comparisons (1939), derived the cobweb model, and argued for certain regularities observable in economic growth, which are called Kaldor's ...
However, Kaldor's view of what constitutes relevant. economics changed radically in the course of his life—from an economics based upon an. approach that proceeds by way of deductive reasoning from rather general macroecon omic axioms, to one involving a more consciously empirical approach. This switch is.
From 1927 to 1947 he studied and taught at the London School of Economics. Then, following two years at the Economic Commission for Europe in Geneva, he moved to Cambridge University, where he became a fellow of King’s College and, in 1966, professor of economics. He was elevated to the peerage in 1974, as Baron Kaldor of Newnham.
May 23, 2024 · (1908–1986) Hungarian-born British economist. He was created a life peer in 1974. Born in Budapest, Kaldor moved to Britain in the 1920s to study, graduating at the London School of Economics in 1930 and lecturing there until 1947, when he was appointed director of the Research and Planning Division of the Economic Commission for Europe in Geneva.
1970 he was President of the Economics Section (Section F) of the British Association for the Advancement of Science, and in 1974 President of the Royal Economic Society, an honour much coveted by the British economics establishment. In 1974 he was made a Life Peer as Baron Kaldor of Newnham in the City of Cambridge. He used his platform
- A. P. Thirlwall
- 2015
(1908–86),Hungarian-born economist; he became Baron Kaldor of Newnham in 1974. Kaldor taught at the London School of Economics and at Cambridge University, where he became a Fellow of King's College and Professor of Economics.
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1908-86 London School of Economics; King's College, Cambridge. Sphere of activity. Economist. Other information. Lecurer/reader in Economics, LSE, 1932-47; National Institute of Economic and Social Research, 1943-5; Fellow, King's College, 1949-86; Reader/Professor in Economics, Cambridge, 1952-75; special advisor to Chancellor of Exchequer ...
