AI overview
Arthur Lewis was a Saint Lucian economist who lived from 1915 to 1991 and made significant contributions to development economics. His work is important because it helped shape how economists understand economic growth and development in poorer countries.
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Person · Open Library
- Born
- 1867
- Died
- 1946
- Works
- 23
Top works
- The finger of scorn, a play in four acts
- Miss Buzbys̕ boarders
- Cranberry Corners
- Valley farm
- The country minister
via Open Library + Wikidata
Listeners · Last.fm
- Listeners
- 2,102
- Total plays
- 9,526
There are multiple artists named Arthur Lewis: 1) an American indie soul artist, 2) a Belgian DJ and producer. <a href="https://www.last.fm/music/Arthur+Lewis">Read more on Last.fm</a>
Article
Sir William Arthur Lewis (23 January 1915 – 15 June 1991) was a Saint Lucian economist and the James Madison Professor of Political Economy at Princeton University. Lewis remains the only black person to have won the Nobel Memorial Prize in Economic Sciences.
W. Arthur Lewis was a pioneering development economist, especially famous for his “dual-sector model” of economic development. In his 1954 paper “Economic Development with Unlimited Supplies of Labour,” he described a poor country as having two sectors: a traditional (largely agricultural) sector with surplus labor, and a modern capitalist sector. Lewis showed how surplus labor could be transferred from the traditional sector into the capitalist sector, fueling industrial growth.
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1915 births1991 deaths20th-century African-American scientists20th-century American economistsAcademics of the London School of EconomicsAcademics of the Victoria University of ManchesterAfrican-American economistsAlumni of the London School of EconomicsCorresponding fellows of the British AcademyDevelopment economistsDistinguished fellows of the American Economic Association