Who was Sir Aurthor Lewis?

Answer 1

Sir William Arthur Lewis (January 23, 1915 – June 15, 1991) was a Saint Lucian economist well known for his contributions in the field of economic development. In 1979 he won the Nobel Prize in Economics, becoming the first black person to win a Nobel Prize in a category other than peace.

Lewis was born in Saint Lucia, then still a British territory in the Caribbean. After gaining his BSc. in 1937 and Ph.D. in 1940 at the London School of Economics, Lewis lectured at the University of Manchester before being appointed Vice Chancellor of the University of the West Indies in 1959. In 1963 he was both knighted and appointed a lecturer at Princeton University (a position in which he would remain until his retirement in 1983) and in 1970 became director of the Caribbean Development Bank. He died on June 15, 1991 in Bridgetown, Barbados and was buried in the grounds of the St Lucian community college named in his honour.

There is an autobiography with a picture on this link http://nobelprize.org/nobel_prizes/economics/laureates/1979/lewis-autobio.html

Answer 2

hi buddy,

Sir Arthur Lewis 1915–91, 1979
Nobel Laureate in Economics

for their pioneering research into economic development research with particular consideration of the problems of developing countries

British economist, b. St. Lucia. A graduate (1940) of the London School of Economics, he was later a professor of economics at the Univ. of Manchester (1948–58) and at Princeton Univ. (1963–83). A specialist in the economic theory of developing countries, he shared the 1979 Nobel Memorial Prize in Economic Sciences with American Theodore W. Schultz. Among his most important books are The Theory of Economic Growth (1955), Development Planning (1966), and Growth and Fluctuations, 1870–1913 (1978).

Answer 3

Winner of the 1979 Nobel Prize in Economics.

Answer 4

He was a British economist who won the Nobel prize for economics sometime in the 1970's. He developed the theory of the Two-Tier model or Dual-Sector model. The tiers are the "traditional" and "modern" that work together simulatneously... traditional is labor, modern is capital. Competiton forces the traditional tier (by higher wages) to embrace the modern tier (investments) and helps the economy by introducing higher profits and therefore stimulating the economy.