Knowledge (XXG)

W. Arthur Lewis

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The subsistence sector is governed by informal institutions and social norms so that producers do not maximize profits and workers can be paid above their marginal product. At an early stage of development, the "unlimited" supply of labour from the subsistence economy means that the capitalist sector can expand for some time without the need to raise wages. This results in higher returns to capital, which are reinvested in capital accumulation. In turn, the increase in the capital stock leads the "capitalists" to expand employment by drawing further labour from the subsistence sector. Given the assumptions of the model (for example, that the profits are reinvested and that capital accumulation does not substitute for skilled labour in production), the process becomes self-sustaining and leads to modernization and economic development.
605:, England was experiencing the worst economic turmoil of its time. It would not be until an economic enlightenment took place that cities began to shift towards factories and labour-intensive methods of production as they experienced giant shifts in the labour and agriculture markets, thus, eventually leading to higher production, and higher income. Lewis theorized if England could turn its misfortune around, the same could be done for developing countries around the world. His theories proved true for some countries such as Nigeria and Barbados, as they would see some economic development. 2030: 1961: 421:, and moved there with his family, becoming Britain's first black lecturer. In 1948, at the age of 33, he was made a full professor. He taught at Manchester until 1957. During this period, he developed some of his most important concepts about the patterns of capital and wages in developing countries. He particularly became known for his contributions to development economics, of great interest as former colonies began to gain independence from their European colonizers. 681: 387:(LSE), becoming the first black individual to gain acceptance there. While enrolled to study for a Bachelor of Commerce degree ("which offered accounting, business management, commercial law and a little economics and statistics") in 1933, he would achieve similar success as he did at grade school. While at LSE, he studied under 574:
Lewis combined an analysis of the historical experience of developed countries with the central ideas of the classical economists to produce a broad picture of the development process. In his theory, a "capitalist" sector develops by taking labour from a non-capitalist backward "subsistence" sector.
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building was unveiled in a ceremony attended by Sir Arthur Lewis’ family, including his daughter and granddaughter, and the High Commissioner for St Lucia on Thursday 23 March 2023. Formerly known as 32 Lincoln’s Inn Fields (32L) the site, now called the Sir Arthur Lewis Building (SAL), is home to
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Lewis's initial career choice was to become an engineer, "but this seemed pointless since neither the government nor the white firms would employ a black engineer," as he later said: "Eventually I decided to study business administration, planning to return to St. Lucia for a job in the municipal
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shortly after the turn of the century. George Lewis died when Arthur was seven years old and his brothers aged from five to 17, leaving Ida to raise her five children alone. Arthur was a gifted student and was promoted two classes ahead of his age. After finishing school when he was 14 years old,
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The point at which the excess labour in the subsistence sector is fully absorbed into the modern sector, and where further capital accumulation begins to push the balance of power towards labour (thus increasing wages) in both capitalist and subsistence sectors, is sometimes called the
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various departments including the Centre for Economic Performance (CEP), the International Growth Centre (IGC), the Department of Economics, the Centre for Macroeconomics, and the Suntory and Toyota International Centres for Economics and Related Disciplines (STICERD).
414:, under the supervision of Arnold Plant. Lewis would become the first black faculty member at LSE: in 1938 he was given a teaching appointment, and in 1939 was made an Assistant Lecturer, continuing to work as a member of the LSE staff until 1948. 2129: 566:
Lewis published in 1954 what was to be his most influential development economics article, "Economic Development with Unlimited Supplies of Labour" (Manchester School). In this publication, he introduced what came to be called the
440:. When Ghana (where in 1929 his eldest brother Stanley had settled) gained independence in 1957, Lewis was appointed as the country's first economic advisor. He helped draw up its first Five-Year Development Plan (1959–1963). 3071: 3972: 1233: 367:
Lewis worked as a clerk, while waiting to be old enough to sit the examination for a government scholarship to a British university, which would be in 1932. During this time he began a lifelong friendship with
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service or in private trade. I would simultaneously study law to fall back on if nothing administrative turned up." At the age of 18, he earned the government scholarship to attend the
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by the British government for his achievements and for his contributions to economics. That year, he was also appointed Professor of Public and International Affairs at
1966: 1856: 4032: 2756: 2737: 2722: 2703: 797: 1260: 680: 3937: 2953: 2142: 1793: 669: 598:, Lewis sought to "provide an appropriate framework for studying economic development", driven by a combination of "curiosity and of practical need." 335: 215: 475:. Lewis worked at Princeton for the next two decades, teaching generations of students until his retirement in 1983. Lewis helped to establish the 1676: 1357: 1739: 829: 1712: 2803: 4027: 4007: 3992: 2928: 2005: 1887: 1593: 1392: 969: 452: 490:, "for their pioneering research into economic development research with particular consideration of the problems of developing countries". 3952: 3404: 1971: 1005: 694: 3038: 3033: 3028: 3023: 3018: 3008: 3003: 2998: 2993: 2988: 2796: 1871: 1106: 1025: 715: 418: 254: 1850: 4012: 2010: 1414: 3967: 3439: 1461: 711:
The Arthur Lewis Lectures are held annually at the University of Manchester, having begun in 2015, the centenary of his birth.
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He is commemorated by the Sir Arthur Lewis Institute of Social and Economic Studies (SALISES) on the three campuses of
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federal colony, the fourth of the five sons of George Ferdinand and Ida Lewis (the others being Stanley, Earl,
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for the former West Indies for Britain's colonial wrongs" because of the ideas he put forward in this work.
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was named for him, as he had lectured there for several years before entering governmental positions.
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After Lewis graduated in 1937 with first-class honours, LSE gave him a scholarship to read for a
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Lewis served as an economic advisor to numerous African and Caribbean governments, including
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and in 1970 he was selected as its first president, serving in that capacity until 1973.
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In 1947, Lewis married Gladys Jacobs, and that year he was selected as a lecturer at the
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Lewis, W. Arthur (1954). "Economic Development with Unlimited Supplies of Labour".
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in February 1978. Lewis is now characterised as "among the earliest proponents of
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On 10 December 2020, the 41st anniversary of his receiving the Nobel Prize,
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Arthur Lewis Auditorium, the main auditorium of Robertson Hall, home of the
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Economic Theories of Development: An Analysis of Competing Paradigms
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The Lewisian Turning Point and Its Implications to Labor Protection
856:"Sir W. Arthur Lewis, 76, Is Dead; Winner of Nobel Economics Prize" 1986: 471:. He also served from 1966 to 1973 he served as Chancellor of the 429: 1142:"The Middle Passage – UWI receives George James Christian papers" 1026:"Sir W Arthur Lewis: How the famed economist broke down barriers" 1798: 1151:. university of the West Indies. July–September 2005. p. 18 3053: 2792: 2111: 1551:"Arthur Lewis' contribution to development thinking and policy" 443:
In 1959, Lewis returned to the Caribbean region when appointed
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at the Seeley G. Mudd Manuscript Library, Princeton University
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Labour in the West Indies: The Birth of a Workers' Movement
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Labour in the West Indies: The Birth of a Worker's Movement
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Labour in the West Indies: The Birth of a Workers' Movement
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Distinguished fellows of the American Economic Association
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Sir Arthur Lewis Institute of Social and Economic Studies
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and the James Madison Professor of Political Economy at
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The Editors of Encyclopaedia Britannica; Amy Tikkanen.
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W. Arthur Lewis and the Birth of Development Economics
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W. Arthur Lewis and the Birth of Development Economics
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Saint Lucian economist and Nobel laureate (1915–1991)
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Princeton School of Public and International Affairs
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Arthur Lewis' Contributions to Economics" 463:– the first black instructor to be given a full 4003:Presidents of the American Economic Association 3081:Presidents of the American Economic Association 1967:Sir Arthur Lewis Community College, Saint Lucia 4018:Saint Lucian expatriates in the United Kingdom 1019: 1017: 4023:Saint Lucian expatriates in the United States 3988:Members of the American Philosophical Society 3065: 2804: 2123: 1713:"LSE renames building after Sir Arthur Lewis" 1069: 1067: 8: 3963:Corresponding fellows of the British Academy 2143:Sveriges Riksbank Prize in Economic Sciences 964:. Princeton University Press. pp. 7–8. 753:celebrated the late Sir Arthur Lewis with a 3943:Academics of the London School of Economics 1866:(4th edn). Cambridge, Mass: The MIT Press. 1258:"Sir Wm. Arthur Lewis: President 1970–1973" 721:Sir Arthur Lewis's portrait appears on the 362:and Victor). His parents had migrated from 3978:Heads of the University of the West Indies 3072: 3058: 3050: 2811: 2797: 2789: 2130: 2116: 2108: 2035: 2028: 1959: 1410:"The Lewis Model: A 60-Year Retrospective" 47: 31: 1494: 1492: 1427: 336:Nobel Memorial Prize in Economic Sciences 216:Nobel Memorial Prize in Economic Sciences 4043:20th-century African-American scientists 3958:Alumni of the London School of Economics 1171:"Sir (William) Arthur Lewis (1915–1991)" 679: 2078:Professional and academic associations 1677:Oxford Dictionary of National Biography 1188:American Academy of Arts & Sciences 902: 900: 789: 319:(23 January 1915 – 15 June 1991) was a 4033:Saint Lucian people of African descent 1972:Sir Arthur Lewis – Nobel Prize Lecture 1024:Ritschel, Chelsea (10 December 2020). 486:in Economics in 1979, sharing it with 2006:The Concise Encyclopedia of Economics 697:, St. Lucia, was named in his honour. 532:in 1939, was an account of the 1930s 453:American Academy of Arts and Sciences 7: 1630:. Sir Arthur Lewis Community College 1691:"Sir Arthur Lewis Memorial Lecture" 625:The Principles of Economic Planning 289:The Economics of Loyalty Contracts 53:Sir William Arthur Lewis, official 1792:Nandy, Sumana (10 December 2020). 1475:10.1111/j.1467-9957.1954.tb00021.x 695:Sir Arthur Lewis Community College 25: 1821:"Celebrating Sir W. Arthur Lewis" 1107:Scandinavian Journal of Economics 723:Eastern Caribbean 100-dollar bill 716:The University of the West Indies 649:Growth and Fluctuations 1870–1913 419:Victoria University of Manchester 3938:20th-century American economists 2011:Library of Economics and Liberty 1738:Binder, Sarah M. (19 May 2018). 1415:Journal of Economic Perspectives 937:"Sir Arthur Lewis: Biographical" 534:labour movement in the Caribbean 2219:Leonid Vitaliyevich Kantorovich 1693:. Easter Caribbean Central Bank 1360:. CARICOM Reparations Committee 665:for contributions to economics. 2092:Manchester Statistical Society 1951:Nobel Laureates of Saint Lucia 1905:Figueroa, M. (December 2005). 1882:. London: Taylor and Francis. 1878:Lewis, William Arthur (2003). 1652:. The University of Manchester 1304:"Sir Arthur Lewis Burial Site" 1081:. The University of Manchester 1000:. Princeton University Press. 643:Tropical Development 1880–1913 517: 493:Lewis died on 15 June 1991 in 469:American Philosophical Society 334:. In 1979, he was awarded the 1: 2001:"W. Arthur Lewis (1915–1991)" 1880:The Theory of Economic Growth 1672:"Lewis, Sir (William) Arthur" 1549:Ranis, Gustav (August 2004). 1267:, Caribbean Development Bank. 631:The Theory of Economic Growth 596:The Theory of Economic Growth 588:The Theory of Economic Growth 449:University of the West Indies 188:Gladys Jacobs Lewis (m. 1947) 4028:Saint Lucian Nobel laureates 4008:Princeton University faculty 3993:Nobel laureates in Economics 1938:Saint Lucian Nobel Laureates 1853:at stlucianobellaureates.org 177:History of the world economy 3953:African-American economists 1911:Social and Economic Studies 1610:"Labour In The West Indies" 1505:Journal of Economic Studies 854:Ravo, Nick (17 June 1991). 768:Black Nobel Prize laureates 656:Selected awards and honours 4059: 2211:Friedrich August von Hayek 994:Tignor, Robert L. (2006). 958:Tignor, Robert L. (2006). 730:London School of Economics 555: 477:Caribbean Development Bank 385:London School of Economics 247:London School of Economics 147:London School of Economics 3345:Oliver M. W. Sprague 2977: 2970:(St. Lucia/United States) 2609:Christopher A. Pissarides 2098: 2088: 2082: 2077: 2067: 2051: 2043: 2038: 1585:Theory of Economic Growth 1518:10.1108/01443580410516233 684:Portrait of Lewis on the 528:, first published by the 455:in 1962. In 1963, he was 354:, then still part of the 346:Arthur Lewis was born in 310: 263:University of West Indies 222: 46: 1582:W. Arthur Lewis (2013). 1408:Gollin, Douglas (2014). 1333:George Padmore Institute 1283:Encyclopaedia Britannica 1100:Findlay, Ronald (1980). 706:University of Manchester 704:(opened in 2007) at the 670:Nobel Prize in Economics 571:, or the "Lewis model". 451:. He was elected to the 356:British Windward Islands 317:Sir William Arthur Lewis 255:University of Manchester 89:British Windward Islands 18:Sir William Arthur Lewis 4013:Saint Lucian economists 3661:Charles P. Kindleberger 3399:Emanuel A. Goldenweiser 1949:Biography available in 1650:"Arthur Lewis Lectures" 505:In 1947, Lewis married 432:, Trinidad and Tobago, 3968:Development economists 3566:John Kenneth Galbraith 2983:Nobel Prize recipients 2929:Physiology or Medicine 1943:30 August 2018 at the 1864:Lives of the Laureates 1212:"William Arthur Lewis" 1184:"William Arthur Lewis" 746:, was named after him. 689: 581:Lewisian turning point 205:Allen Montgomery Lewis 2937:Allan MacLeod Cormack 2330:James M. Buchanan Jr. 1462:The Manchester School 1214:. Caribbean Elections 1173:, Black Past website. 879:"Sir W. Arthur Lewis" 702:Arthur Lewis Building 686:East Caribbean dollar 683: 609:Selected bibliography 603:Industrial Revolution 160:Development economics 3998:People from Castries 3619:Tjalling C. Koopmans 3232:Herbert J. Davenport 3142:Edwin R. A. Seligman 2593:Oliver E. Williamson 2223:Tjalling C. Koopmans 1744:Princeton University 1680:, 23 September 2004. 1379:Hunt, Diana (1989). 1308:Commonwealth Walkway 1263:4 March 2016 at the 1238:search.amphilsoc.org 1234:"APS Member History" 834:Princeton University 744:Princeton University 637:Development Planning 473:University of Guyana 461:Princeton University 412:industrial economics 332:economic development 328:Princeton University 271:Princeton University 174:Industrial structure 67:William Arthur Lewis 3834:Christopher A. Sims 3733:Arnold C. Harberger 3697:Thomas C. Schelling 3655:Charles L. Schultze 3542:Kenneth E. Boulding 3494:Theodore W. Schultz 2621:Christopher A. Sims 2549:Thomas C. Schelling 2521:Robert F. Engle III 2422:Robert E. Lucas Jr. 2270:Theodore W. Schultz 2063:Theodore W. Schultz 1932:Arthur Lewis Papers 1429:10.1257/jep.28.3.71 1356:(25 January 2021). 773:Lewis turning point 562:Lewis turning point 540:and Sarah White at 482:Lewis received the 377:Trinidad and Tobago 371:, the future first 170:Lewis turning point 3548:William J. Fellner 3524:Joseph J. Spengler 3512:Gottfried Haberler 3482:George W. Stocking 3476:Morris A. Copeland 3363:Frederick C. Mills 3303:Matthew B. Hammond 3256:Wesley C. Mitchell 3238:Jacob H. Hollander 2943:Godfrey Hounsfield 2537:Edward C. Prescott 2525:Clive W.J. Granger 2501:Joseph E. Stiglitz 2474:Daniel L. McFadden 2362:Harry M. Markowitz 2085:Sir Ralph W. Lacey 2060:Served alongside: 1958:on Nobelprize.org 1827:. 10 December 2020 1773:. 10 December 2020 1770:The Indian Express 1670:Fraser, Peter D., 1279:"Sir Arthur Lewis" 1046:"Sir Arthur Lewis" 984:Tignor, pp. 11–13. 861:The New York Times 810:on 21 October 2013 798:"Lewis, W. Arthur" 690: 594:In his 1955 book, 3915: 3914: 3870:Olivier Blanchard 3858:Robert J. Shiller 3828:Orley Ashenfelter 3804:Thomas J. Sargent 3751:Dale W. Jorgenson 3685:Joseph A. Pechman 3637:William J. Baumol 3607:Lawrence R. Klein 3601:Franco Modigliani 3518:George J. Stigler 3500:Paul A. Samuelson 3411:Joseph Schumpeter 3321:William Z. Ripley 3315:George E. Barnett 3279:Edwin W. Kemmerer 3202:Walter F. Willcox 3154:Jeremiah W. Jenks 3101:Charles F. Dunbar 3095:Francis A. Walker 3047: 3046: 2954:Economic Sciences 2786: 2785: 2685:Richard H. Thaler 2649:Robert J. Shiller 2645:Lars Peter Hansen 2617:Thomas J. Sargent 2605:Dale T. Mortensen 2497:A. Michael Spence 2493:George A. Akerlof 2462:Robert A. Mundell 2430:James A. Mirrlees 2398:Douglass C. North 2370:William F. Sharpe 2322:Franco Modigliani 2298:George J. Stigler 2282:Lawrence R. Klein 2171:Paul A. Samuelson 2106: 2105: 2099:Succeeded by 2090:President of the 2071:Lawrence R. Klein 2068:Succeeded by 1983:"W. Arthur Lewis" 1889:978-0-415-31301-8 1595:978-0-415-40708-3 1394:978-0-7450-0237-8 1149:St Augustine News 971:978-0-691-12141-3 939:. The Nobel Prize 569:dual sector model 558:Dual sector model 552:The "Lewis model" 314: 313: 224:Scientific career 165:Dual-sector model 16:(Redirected from 4050: 3983:Knights Bachelor 3846:William Nordhaus 3786:Martin Feldstein 3774:Robert Lucas Jr. 3631:Moses Abramovitz 3578:Walter W. Heller 3572:Kenneth J. Arrow 3554:Wassily Leontief 3452:Calvin B. Hoover 3440:John H. Williams 3339:Alvin S. Johnson 3309:Ernest L. Bogart 3226:Henry B. Gardner 3208:Thomas N. Carver 3119:Arthur T. Hadley 3074: 3067: 3060: 3051: 2985: 2962:Theodore Schultz 2945:(United Kingdom) 2838:Herbert C. Brown 2813: 2806: 2799: 2790: 2779: 2771: 2769:Philip H. Dybvig 2752: 2733: 2731:Robert B. Wilson 2718: 2708:Abhijit Banerjee 2699: 2693:William Nordhaus 2687: 2679: 2667: 2659: 2651: 2635: 2633:Lloyd S. Shapley 2623: 2611: 2601:Peter A. Diamond 2595: 2583: 2575: 2573:Roger B. Myerson 2559: 2557:Edmund S. Phelps 2551: 2545:Robert J. Aumann 2539: 2527: 2515: 2503: 2476: 2470:James J. Heckman 2464: 2456: 2448: 2446:Myron S. Scholes 2442:Robert C. Merton 2436: 2424: 2416: 2410:John F. Nash Jr. 2406:John C. Harsanyi 2400: 2388: 2380: 2372: 2366:Merton H. Miller 2356: 2348: 2340: 2332: 2324: 2316: 2308: 2300: 2292: 2284: 2276: 2274:Sir Arthur Lewis 2264: 2262:Herbert A. Simon 2256: 2244: 2225: 2213: 2201: 2199:Wassily Leontief 2193: 2191:Kenneth J. Arrow 2181: 2173: 2165: 2132: 2125: 2118: 2109: 2083:Preceded by 2047:Herbert A. Simon 2044:Preceded by 2036: 2032: 2018: 2013:(2nd ed.). 1990: 1963: 1956:Sir Arthur Lewis 1913:, 54(4), 72–90. 1893: 1837: 1836: 1834: 1832: 1817: 1811: 1810: 1808: 1806: 1789: 1783: 1782: 1780: 1778: 1761: 1755: 1754: 1752: 1750: 1735: 1729: 1728: 1726: 1724: 1709: 1703: 1702: 1700: 1698: 1687: 1681: 1668: 1662: 1661: 1659: 1657: 1646: 1640: 1639: 1637: 1635: 1624: 1618: 1617: 1614:New Beacon Books 1606: 1600: 1599: 1579: 1573: 1572: 1570: 1568: 1555: 1546: 1540: 1539: 1528: 1522: 1521: 1496: 1487: 1486: 1456: 1450: 1449: 1431: 1405: 1399: 1398: 1376: 1370: 1369: 1367: 1365: 1350: 1344: 1343: 1341: 1339: 1325: 1319: 1318: 1316: 1314: 1300: 1294: 1293: 1291: 1289: 1274: 1268: 1255: 1249: 1248: 1246: 1244: 1230: 1224: 1223: 1221: 1219: 1208: 1199: 1198: 1196: 1194: 1180: 1174: 1169:Brenton, Felix, 1167: 1161: 1160: 1158: 1156: 1146: 1138: 1132: 1131: 1097: 1091: 1090: 1088: 1086: 1071: 1062: 1061: 1059: 1057: 1042: 1036: 1035: 1021: 1012: 1011: 991: 985: 982: 976: 975: 955: 949: 948: 946: 944: 933: 910: 904: 895: 894: 892: 890: 875: 866: 865: 851: 845: 844: 842: 840: 826: 820: 819: 817: 815: 809: 803:. Archived from 802: 794: 619:New Beacon Books 542:New Beacon Books 488:Theodore Schultz 305:Sir Arnold Plant 300:Doctoral advisor 294: 275: 267: 259: 251: 102: 76: 74: 51: 32: 21: 4058: 4057: 4053: 4052: 4051: 4049: 4048: 4047: 3918: 3917: 3916: 3911: 3894:Christina Romer 3792:Daniel McFadden 3756: 3745:D. Gale Johnson 3739:Robert W. Fogel 3727:Anne O. Krueger 3721:Victor R. Fuchs 3703:William Vickrey 3667:Alice M. Rivlin 3649:W. Arthur Lewis 3625:Robert M. Solow 3589: 3584:R. Aaron Gordon 3536:Milton Friedman 3506:Edward S. Mason 3488:Arthur F. Burns 3446:Harold A. Innis 3428: 3417:Howard S. Ellis 3393:I. Leo Sharfman 3387:Joseph S. Davis 3381:Albert B. Wolfe 3375:Edwin G. Nourse 3369:Sumner Slichter 3327:Harry A. Millis 3285:Thomas S. Adams 3267: 3244:Henry R. Seager 3214:John R. Commons 3184:Frank A. Fetter 3178:Henry W. Farnam 3172:Edmund J. James 3160:Simon N. Patten 3130: 3083: 3078: 3048: 3043: 2981: 2973: 2968:W. Arthur Lewis 2964:(United States) 2948: 2939:(United States) 2923: 2920:(United States) 2918:Steven Weinberg 2908:(United States) 2906:Sheldon Glashow 2892: 2873: 2868:Odysseas Elytis 2849: 2840:(United States) 2824: 2817: 2787: 2782: 2774: 2765:Douglas Diamond 2755: 2736: 2721: 2702: 2690: 2682: 2677:Bengt Holmström 2670: 2662: 2654: 2638: 2626: 2614: 2598: 2586: 2578: 2562: 2554: 2542: 2533:Finn E. Kydland 2530: 2518: 2513:Vernon L. Smith 2509:Daniel Kahneman 2506: 2490: 2479: 2467: 2459: 2451: 2439: 2434:William Vickrey 2427: 2419: 2414:Reinhard Selten 2403: 2394:Robert W. Fogel 2391: 2383: 2378:Ronald H. Coase 2375: 2359: 2354:Trygve Haavelmo 2351: 2343: 2338:Robert M. Solow 2335: 2327: 2319: 2311: 2303: 2295: 2287: 2279: 2267: 2259: 2247: 2242:Milton Friedman 2239: 2228: 2216: 2204: 2196: 2184: 2176: 2168: 2156: 2145: 2136: 2102: 2095: 2086: 2073: 2059: 2057: 2049: 2022:W. Arthur Lewis 1999: 1981: 1945:Wayback Machine 1928: 1902: 1900:Further reading 1897: 1890: 1877: 1846: 1841: 1840: 1830: 1828: 1819: 1818: 1814: 1804: 1802: 1791: 1790: 1786: 1776: 1774: 1763: 1762: 1758: 1748: 1746: 1737: 1736: 1732: 1722: 1720: 1719:. 24 March 2023 1711: 1710: 1706: 1696: 1694: 1689: 1688: 1684: 1669: 1665: 1655: 1653: 1648: 1647: 1643: 1633: 1631: 1626: 1625: 1621: 1608: 1607: 1603: 1596: 1581: 1580: 1576: 1566: 1564: 1562:Yale University 1553: 1548: 1547: 1543: 1538:. 11 June 2010. 1530: 1529: 1525: 1498: 1497: 1490: 1458: 1457: 1453: 1407: 1406: 1402: 1395: 1378: 1377: 1373: 1363: 1361: 1352: 1351: 1347: 1337: 1335: 1327: 1326: 1322: 1312: 1310: 1302: 1301: 1297: 1287: 1285: 1276: 1275: 1271: 1265:Wayback Machine 1256: 1252: 1242: 1240: 1232: 1231: 1227: 1217: 1215: 1210: 1209: 1202: 1192: 1190: 1182: 1181: 1177: 1168: 1164: 1154: 1152: 1144: 1140: 1139: 1135: 1120:10.2307/3439553 1099: 1098: 1094: 1084: 1082: 1073: 1072: 1065: 1055: 1053: 1044: 1043: 1039: 1031:The Independent 1023: 1022: 1015: 1008: 993: 992: 988: 983: 979: 972: 957: 956: 952: 942: 940: 935: 934: 913: 905: 898: 888: 886: 877: 876: 869: 853: 852: 848: 838: 836: 828: 827: 823: 813: 811: 807: 800: 796: 795: 791: 786: 781: 764: 728:A newly-titled 678: 658: 611: 592: 564: 554: 523: 515: 503: 445:Vice Chancellor 401:Friedrich Hayek 344: 292: 278: 273: 265: 257: 249: 180: 143:Alma mater 138: 117: 104: 100: 91: 78: 77:23 January 1915 72: 70: 69: 68: 58: 42: 41:W. Arthur Lewis 39: 28: 23: 22: 15: 12: 11: 5: 4056: 4054: 4046: 4045: 4040: 4035: 4030: 4025: 4020: 4015: 4010: 4005: 4000: 3995: 3990: 3985: 3980: 3975: 3970: 3965: 3960: 3955: 3950: 3945: 3940: 3935: 3930: 3920: 3919: 3913: 3912: 3910: 3909: 3903: 3897: 3891: 3885: 3879: 3873: 3867: 3861: 3855: 3852:Richard Thaler 3849: 3843: 3840:Claudia Goldin 3837: 3831: 3825: 3819: 3813: 3807: 3801: 3798:George Akerlof 3795: 3789: 3783: 3777: 3771: 3764: 3762: 3758: 3757: 3755: 3754: 3748: 3742: 3736: 3730: 3724: 3718: 3712: 3706: 3700: 3694: 3688: 3682: 3676: 3673:Gary S. Becker 3670: 3664: 3658: 3652: 3646: 3643:Gardner Ackley 3640: 3634: 3628: 3622: 3616: 3613:Jacob Marschak 3610: 3604: 3597: 3595: 3591: 3590: 3588: 3587: 3581: 3575: 3569: 3563: 3557: 3551: 3545: 3539: 3533: 3527: 3521: 3515: 3509: 3503: 3497: 3491: 3485: 3479: 3473: 3470:Edwin E. Witte 3467: 3461: 3455: 3449: 3443: 3436: 3434: 3430: 3429: 3427: 3426: 3420: 3414: 3408: 3402: 3396: 3390: 3384: 3378: 3372: 3366: 3360: 3354: 3348: 3342: 3336: 3330: 3324: 3318: 3312: 3306: 3300: 3294: 3291:Fred M. Taylor 3288: 3282: 3275: 3273: 3269: 3268: 3266: 3265: 3262:Allyn A. Young 3259: 3253: 3247: 3241: 3235: 3229: 3223: 3217: 3211: 3205: 3199: 3193: 3187: 3181: 3175: 3169: 3166:Davis R. Dewey 3163: 3157: 3151: 3145: 3138: 3136: 3132: 3131: 3129: 3128: 3125:Richard T. Ely 3122: 3116: 3113:Henry C. Adams 3110: 3104: 3098: 3091: 3089: 3085: 3084: 3079: 3077: 3076: 3069: 3062: 3054: 3045: 3044: 3042: 3041: 3036: 3031: 3026: 3021: 3016: 3011: 3006: 3001: 2996: 2991: 2986: 2978: 2975: 2974: 2972: 2971: 2965: 2958: 2956: 2950: 2949: 2947: 2946: 2940: 2933: 2931: 2925: 2924: 2922: 2921: 2915: 2909: 2902: 2900: 2894: 2893: 2891: 2890: 2883: 2881: 2875: 2874: 2872: 2871: 2864: 2862: 2851: 2850: 2848: 2847: 2841: 2834: 2832: 2826: 2825: 2818: 2816: 2815: 2808: 2801: 2793: 2784: 2783: 2781: 2780: 2777:Claudia Goldin 2772: 2753: 2746:Joshua Angrist 2734: 2719: 2716:Michael Kremer 2700: 2688: 2680: 2668: 2660: 2652: 2641:Eugene F. Fama 2636: 2624: 2612: 2596: 2584: 2576: 2569:Eric S. Maskin 2565:Leonid Hurwicz 2560: 2552: 2540: 2528: 2516: 2504: 2487: 2485: 2481: 2480: 2478: 2477: 2465: 2457: 2449: 2437: 2425: 2417: 2401: 2389: 2386:Gary S. Becker 2381: 2373: 2357: 2349: 2346:Maurice Allais 2341: 2333: 2325: 2317: 2309: 2301: 2293: 2285: 2277: 2265: 2257: 2254:James E. Meade 2245: 2236: 2234: 2230: 2229: 2227: 2226: 2214: 2202: 2194: 2182: 2174: 2166: 2153: 2151: 2147: 2146: 2137: 2135: 2134: 2127: 2120: 2112: 2104: 2103: 2100: 2097: 2087: 2084: 2080: 2079: 2075: 2074: 2069: 2066: 2050: 2045: 2041: 2040: 2034: 2033: 2019: 1997: 1991: 1979: 1974: 1969: 1964: 1953: 1947: 1935: 1927: 1926:External links 1924: 1923: 1922: 1901: 1898: 1896: 1895: 1888: 1875: 1860: 1854: 1847: 1845: 1842: 1839: 1838: 1825:www.google.com 1812: 1784: 1756: 1730: 1704: 1682: 1663: 1641: 1619: 1601: 1594: 1574: 1541: 1523: 1488: 1451: 1400: 1393: 1371: 1345: 1320: 1295: 1269: 1250: 1225: 1200: 1175: 1162: 1133: 1092: 1075:"Arthur Lewis" 1063: 1037: 1013: 1007:978-0691121413 1006: 986: 977: 970: 950: 911: 896: 867: 846: 821: 788: 787: 785: 782: 780: 777: 776: 775: 770: 763: 760: 759: 758: 747: 735: 734: 726: 719: 712: 709: 698: 677: 674: 673: 672: 666: 657: 654: 653: 652: 646: 640: 634: 628: 622: 610: 607: 591: 585: 553: 550: 530:Fabian Society 522: 516: 514: 511: 502: 499: 397:Lionel Robbins 373:prime minister 343: 340: 312: 311: 308: 307: 302: 296: 295: 286: 280: 279: 277: 276: 268: 260: 252: 243: 241: 237: 236: 231: 227: 226: 220: 219: 213: 209: 208: 202: 198: 197: 194: 190: 189: 186: 182: 181: 179: 178: 175: 172: 167: 162: 156: 154: 153:Known for 150: 149: 144: 140: 139: 137: 136: 131: 125: 123: 119: 118: 105: 103:(aged 76) 97: 93: 92: 79: 66: 64: 60: 59: 52: 44: 43: 40: 35: 26: 24: 14: 13: 10: 9: 6: 4: 3: 2: 4055: 4044: 4041: 4039: 4036: 4034: 4031: 4029: 4026: 4024: 4021: 4019: 4016: 4014: 4011: 4009: 4006: 4004: 4001: 3999: 3996: 3994: 3991: 3989: 3986: 3984: 3981: 3979: 3976: 3974: 3971: 3969: 3966: 3964: 3961: 3959: 3956: 3954: 3951: 3949: 3946: 3944: 3941: 3939: 3936: 3934: 3931: 3929: 3926: 3925: 3923: 3907: 3904: 3901: 3898: 3895: 3892: 3889: 3886: 3883: 3880: 3877: 3874: 3871: 3868: 3865: 3864:Alvin E. Roth 3862: 3859: 3856: 3853: 3850: 3847: 3844: 3841: 3838: 3835: 3832: 3829: 3826: 3823: 3820: 3817: 3814: 3811: 3810:Avinash Dixit 3808: 3805: 3802: 3799: 3796: 3793: 3790: 3787: 3784: 3781: 3780:Peter Diamond 3778: 3775: 3772: 3769: 3768:Sherwin Rosen 3766: 3765: 3763: 3759: 3752: 3749: 3746: 3743: 3740: 3737: 3734: 3731: 3728: 3725: 3722: 3719: 3716: 3713: 3710: 3709:Zvi Griliches 3707: 3704: 3701: 3698: 3695: 3692: 3691:GĂ©rard Debreu 3689: 3686: 3683: 3680: 3679:Robert Eisner 3677: 3674: 3671: 3668: 3665: 3662: 3659: 3656: 3653: 3650: 3647: 3644: 3641: 3638: 3635: 3632: 3629: 3626: 3623: 3620: 3617: 3614: 3611: 3608: 3605: 3602: 3599: 3598: 3596: 3592: 3585: 3582: 3579: 3576: 3573: 3570: 3567: 3564: 3561: 3558: 3555: 3552: 3549: 3546: 3543: 3540: 3537: 3534: 3531: 3530:Fritz Machlup 3528: 3525: 3522: 3519: 3516: 3513: 3510: 3507: 3504: 3501: 3498: 3495: 3492: 3489: 3486: 3483: 3480: 3477: 3474: 3471: 3468: 3465: 3464:John D. Black 3462: 3459: 3458:Simon Kuznets 3456: 3453: 3450: 3447: 3444: 3441: 3438: 3437: 3435: 3431: 3424: 3421: 3418: 3415: 3412: 3409: 3406: 3403: 3400: 3397: 3394: 3391: 3388: 3385: 3382: 3379: 3376: 3373: 3370: 3367: 3364: 3361: 3358: 3355: 3352: 3349: 3346: 3343: 3340: 3337: 3334: 3333:John M. Clark 3331: 3328: 3325: 3322: 3319: 3316: 3313: 3310: 3307: 3304: 3301: 3298: 3295: 3292: 3289: 3286: 3283: 3280: 3277: 3276: 3274: 3270: 3263: 3260: 3257: 3254: 3251: 3250:Carl C. Plehn 3248: 3245: 3242: 3239: 3236: 3233: 3230: 3227: 3224: 3221: 3220:Irving Fisher 3218: 3215: 3212: 3209: 3206: 3203: 3200: 3197: 3194: 3191: 3188: 3185: 3182: 3179: 3176: 3173: 3170: 3167: 3164: 3161: 3158: 3155: 3152: 3149: 3148:F. W. Taussig 3146: 3143: 3140: 3139: 3137: 3133: 3126: 3123: 3120: 3117: 3114: 3111: 3108: 3107:John B. Clark 3105: 3102: 3099: 3096: 3093: 3092: 3090: 3086: 3082: 3075: 3070: 3068: 3063: 3061: 3056: 3055: 3052: 3040: 3037: 3035: 3032: 3030: 3027: 3025: 3022: 3020: 3017: 3015: 3012: 3010: 3007: 3005: 3002: 3000: 2997: 2995: 2992: 2990: 2987: 2984: 2980: 2979: 2976: 2969: 2966: 2963: 2960: 2959: 2957: 2955: 2951: 2944: 2941: 2938: 2935: 2934: 2932: 2930: 2926: 2919: 2916: 2913: 2910: 2907: 2904: 2903: 2901: 2899: 2895: 2888: 2887:Mother Teresa 2885: 2884: 2882: 2880: 2876: 2869: 2866: 2865: 2863: 2860: 2856: 2852: 2845: 2842: 2839: 2836: 2835: 2833: 2831: 2827: 2822: 2814: 2809: 2807: 2802: 2800: 2795: 2794: 2791: 2778: 2773: 2770: 2766: 2762: 2758: 2754: 2751: 2747: 2743: 2739: 2735: 2732: 2728: 2724: 2720: 2717: 2713: 2709: 2705: 2701: 2698: 2694: 2689: 2686: 2681: 2678: 2674: 2669: 2666: 2661: 2658: 2653: 2650: 2646: 2642: 2637: 2634: 2630: 2629:Alvin E. Roth 2625: 2622: 2618: 2613: 2610: 2606: 2602: 2597: 2594: 2590: 2589:Elinor Ostrom 2585: 2582: 2577: 2574: 2570: 2566: 2561: 2558: 2553: 2550: 2546: 2541: 2538: 2534: 2529: 2526: 2522: 2517: 2514: 2510: 2505: 2502: 2498: 2494: 2489: 2488: 2486: 2482: 2475: 2471: 2466: 2463: 2458: 2455: 2450: 2447: 2443: 2438: 2435: 2431: 2426: 2423: 2418: 2415: 2411: 2407: 2402: 2399: 2395: 2390: 2387: 2382: 2379: 2374: 2371: 2367: 2363: 2358: 2355: 2350: 2347: 2342: 2339: 2334: 2331: 2326: 2323: 2318: 2315: 2314:Richard Stone 2310: 2307: 2306:GĂ©rard Debreu 2302: 2299: 2294: 2291: 2286: 2283: 2278: 2275: 2271: 2266: 2263: 2258: 2255: 2251: 2246: 2243: 2238: 2237: 2235: 2231: 2224: 2220: 2215: 2212: 2208: 2207:Gunnar Myrdal 2203: 2200: 2195: 2192: 2188: 2187:John R. Hicks 2183: 2180: 2179:Simon Kuznets 2175: 2172: 2167: 2164: 2163:Jan Tinbergen 2160: 2159:Ragnar Frisch 2155: 2154: 2152: 2148: 2144: 2140: 2133: 2128: 2126: 2121: 2119: 2114: 2113: 2110: 2094: 2093: 2081: 2076: 2072: 2065: 2064: 2056: 2055: 2048: 2042: 2037: 2031: 2027: 2023: 2020: 2016: 2012: 2008: 2007: 2002: 1998: 1995: 1992: 1988: 1984: 1980: 1978: 1975: 1973: 1970: 1968: 1965: 1962: 1957: 1954: 1952: 1948: 1946: 1942: 1939: 1936: 1933: 1930: 1929: 1925: 1920: 1916: 1912: 1908: 1904: 1903: 1899: 1891: 1885: 1881: 1876: 1873: 1872:0-262-52450-3 1869: 1865: 1861: 1858: 1855: 1852: 1849: 1848: 1843: 1826: 1822: 1816: 1813: 1801: 1800: 1795: 1788: 1785: 1772: 1771: 1766: 1760: 1757: 1745: 1741: 1734: 1731: 1718: 1714: 1708: 1705: 1692: 1686: 1683: 1679: 1678: 1673: 1667: 1664: 1651: 1645: 1642: 1629: 1623: 1620: 1615: 1611: 1605: 1602: 1597: 1591: 1588:. 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Gay 3196:John H. Gray 3190:David Kinley 3013: 2967: 2844:Georg Wittig 2761:Ben Bernanke 2750:Guido Imbens 2727:Paul Milgrom 2712:Esther Duflo 2665:Angus Deaton 2581:Paul Krugman 2484:2001–present 2273: 2250:Bertil Ohlin 2101:A. H. Allman 2089: 2061: 2058:1979 2052: 2026:Find a Grave 2015:Liberty Fund 2004: 1910: 1879: 1863: 1829:. Retrieved 1824: 1815: 1803:. Retrieved 1797: 1787: 1775:. Retrieved 1768: 1759: 1747:. Retrieved 1743: 1733: 1721:. Retrieved 1716: 1707: 1695:. Retrieved 1685: 1675: 1666: 1654:. Retrieved 1644: 1632:. Retrieved 1622: 1613: 1604: 1584: 1577: 1565:. Retrieved 1558:www.yale.edu 1557: 1544: 1535: 1526: 1509: 1503: 1466: 1460: 1454: 1422:(3): 71–88. 1419: 1413: 1403: 1384: 1374: 1362:. Retrieved 1348: 1336:. Retrieved 1323: 1311:. Retrieved 1307: 1298: 1286:. Retrieved 1282: 1272: 1253: 1243:27 September 1241:. Retrieved 1237: 1228: 1216:. Retrieved 1193:27 September 1191:. Retrieved 1187: 1178: 1165: 1153:. Retrieved 1148: 1136: 1111: 1105: 1095: 1083:. 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Index

Sir William Arthur Lewis
Sir

Nobel Prize
Castries
Saint Lucia
British Windward Islands
Bridgetown
Saint Michael
Barbados
Saint Lucian
British
London School of Economics
Development economics
Dual-sector model
Lewis turning point
Allen Montgomery Lewis
Nobel Memorial Prize in Economic Sciences
Economics
London School of Economics
University of Manchester
University of West Indies
Princeton University
Thesis
Doctoral advisor
Sir Arnold Plant
Saint Lucian
economist
Princeton University
economic development

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