Monday, June 15, 2015

19.84 Richard Stone

The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel 1984 Richard Stone

"for having made fundamental contributions to the development of systems of national accounts and hence greatly improved the basis for empirical economic analysis"

However, Stone's quantitative mind had been greatly influenced by Colin Clark, Stone's teacher in statistics at Cambridge. Colin then introduced Stone to his project in measuring the national income. This project then brought the greatest name for Stone as he received Nobel Prize because of this topic. After their meeting at Cambridge, Stone and Clark then became best friends.

In his new office, the Central Statistical Office, Stone became John Maynard Keynes' assistant.

https://en.wikipedia.org/wiki/Richard_Stone/

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