Harrod, Sir Roy

▪ British economist
born Feb. 13, 1900, London
died March 9, 1978, Holt, Norfolk, Eng.

      British economist who pioneered the economics of dynamic growth and the field of macroeconomics.

      Harrod was educated at Oxford and at Cambridge, where he was a student of John Maynard Keynes. His career at Christ Church, Oxford (1922–67), was interrupted by World War II service (1940–42) under Frederick Lindemann (later Lord Cherwell) as adviser to Winston Churchill. He was also an adviser to the International Monetary Fund (1952–53). He was knighted in 1959.

      Harrod first formulated his concepts of growth dynamics in the 1930s and '40s, emphasizing the analysis of the determining factors, rather than the quantities, of equilibrium growth rates. These ideas were put forth in Towards a Dynamic Economics (1948). The Harrod–Domar model of economic growth (named for Harrod and the U.S. economist E.D. Domar) has been applied to the problems of economic development.

      Harrod also wrote International Economics (1933), The Trade Cycle (1936), Economic Essays (1952), The International Monetary Fund (1966), Towards a New Economic Policy (1967), and Economic Dynamics (1973) and, as a biographer, The Life of John Maynard Keynes (1951) and The Prof: A Personal Memoir of Lord Cherwell (1959). He also produced Foundations of Inductive Logic (1956) and Sociology, Morals and Mystery (1971).

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  • Roy Harrod — Sir Roy Forbes Harrod (* 13. Februar 1900 in Norfolk; † 8. März 1978 in Norfolk) war ein englischer Ökonom. Roy Harrod entwickelte zeitgleich, aber unabhängig von Evsey D. Domar, ein ökonomisches Modell zur Wachstumstheorie. Dieses wird daher… …   Deutsch Wikipedia

  • Harrod-Domar model — The Harrod Domar model is used in development economics to explain an economy s growth rate in terms of the level of saving and productivity of capital. It suggests that there is no natural reason for an economy to have balanced growth. The model …   Wikipedia

  • Harrod —   [ hærəd], Sir (seit 1959) Henry Roy Forbes, britischer Volkswirtschaftler, * London 13. 2. 1900, ✝ Holt (County Norfolk) 8. 3. 1978; seit 1953 Professor in Oxford, 1945 61 Mitherausgeber des »Economic Journal«, 1962 64 Präsident der »Royal… …   Universal-Lexikon

  • Modelo Harrod-Domar — El modelo de crecimiento de Harrod Domar, fue elaborado a finales de los años cuarenta por dos economistas keynesianos (keynesianismo) , Sir Roy Harrod de Gran Bretaña y Evsey D. Domar de Estados Unidos, ambos desarrollaron de forma independiente …   Wikipedia Español

  • economics — /ek euh nom iks, ee keuh /, n. 1. (used with a sing. v.) the science that deals with the production, distribution, and consumption of goods and services, or the material welfare of humankind. 2. (used with a pl. v.) financial considerations;… …   Universalium

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