Saturday, 13 April 2013

BLACK SOCIAL HISTORY : SIR WILLIAM ARTHUR LEWIS BLACK ECONOMIST WON THE NOBEL MEMORIAL PRIZE IN ECONOMICS : GOES INTO THE " HALL OF BLACK GENIUS "
















Arthur Lewis (Nobel photo).jpg
Sir William Arthur Lewis, official Nobel Prize photo
Born William Arthur Lewis
January 23, 1915
Castries, Saint Lucia, British Empire
Died June 15, 1991 (aged 76)
Saint Michael, Barbados
Nationality Saint Lucia, United Kingdom
Fields Economics
Institutions LSE (1938-1948)
University of Manchester (1948-1958)
University of West Indies (1959-1963)
Princeton University (1963-1991)
Alma mater LSE
Thesis The economics of loyalty contracts (1940)
Doctoral advisor Sir Arnold Plant
Known for Development Economics
Industrial structure
History of the World Economy
Notable awards Nobel Memorial Prize in Economic Sciences (1979)
Spouse Glady Jacobs (m. 1947), two daughters
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 Memorial Prize in Economics.





Arthur Lewis was born in Castries, Saint Lucia, then still a British territory in the Caribbean, as the fourth of five children of George and Ida Lewis, who had migrated from Antigua shortly after the turn of the century.George Lewis died when Arthur turned seven and consequently all five Lewis children were raised by their mother. Arthur was a gifted student and was promoted two classes ahead of his age. After finishing school at the age of fourteen, Lewis worked as a clerk, while waiting to take his university entrance exam. During this time he met Eric Williams, the future first prime minister of Trinidad and Tobago, and the two were to remain lifelong friends.
After gaining his Bachelor of Science degree in 1937 and a Ph.D. degree in 1940 at the London School of Economics he was a member of the staff at the LSE until 1948. Lewis lectured at the University of Manchester from 1948 until 1957. When Ghana gained independence in 1957, Lewis became the country's first economic advisor, helping to draw up its first Five Year Development Plan (1959–1963). In 1959 he was appointed Vice Chancellor of the University of the West Indies. In 1963 he was knighted, and was also appointed a University Professor at Princeton University, a position he retained until his retirement in 1983. In 1970 Lewis became the first president of the Caribbean Development Bank.
He received the Nobel prize in Economics in 1979 with Theodore Schultz .
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.
Lewis' achievements have been recognised by the naming of "The Arthur Lewis Building" (opened in 2007) at the University of Manchester where he once lectured.

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