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Nicholas Kaldor

Nicholas Kaldor. Nicholas Kaldor, Baron Kaldor (Budapest, 12 May 1908 - Papworth Everard, Cambridgeshire, 30 September 1986) was one of the foremost Cambridge economists in the post-war period. Nicholas Kaldor.

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Nicholas Kaldor

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  1. Nicholas Kaldor • Nicholas Kaldor, Baron Kaldor (Budapest, 12 May 1908 - Papworth Everard, Cambridgeshire, 30 September 1986) was one of the foremost Cambridge economists in the post-war period. Prof. Bertolami Salvatore

  2. Nicholas Kaldor He developed the famous "compensation" criteria called Kaldor-Hicks efficiency for welfare comparisons (1939), derived the famous cobweb model and argued that there were certain regularities that are observable as far as economic growth is concerned (Kaldor's growth laws).[1] Kaldor was educated in Budapest, Berlin, and at the London School of Economics, where he subsequently became a lecturer. After service in World War II, he held a senior post with the Economic Commission for Europe. By 1963, he was also an advisor to Labour governments of the UK and several other countries, producing some of the earliest memoranda regarding the creation of Value added tax. In 1966, he became professor of economics at the University of Cambridge. In 1974, Kaldor was made a life peer as Baron Kaldor, of Newnham in the City of Cambridge. Prof. Bertolami Salvatore

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