Ralph George Hawtrey

Sir Ralph George Hawtrey (22 November 1879 – 21 March 1975) was a British economist, and a close friend of John Maynard Keynes.

He studied at Eton, then Cambridge, where he graduated in 1901 with first-class mathematics honours. He spent the rest of his working life in the study of economics. between 1904 and 1945 he worked in the UK Treasury. After World War II he was Price Professor of International Economics in the Royal Institute for International Affairs. He also taught at Harvard as a visiting lecturer.

He took a monetary approach towards the economic ups and downs of industry and commerce, advocating changes in the money supply through adjustment in the bank rate of interest, foreshadowing the later work of Keynes. He also advanced in 1931 the concept that became known as the multiplier, a coefficient showing the effect of a change in total national investment on the amount of total national income.

It was his view that the Great Depression was largely the result of a breakdown of the international gold standard. He had played a key role in the Genoa Conference of 1922, which attempted to devise arrangements for a stable return to the gold standard.

Hawtrey was knighted in 1956.

Main publications

* "Good and Bad Trade", 1913.
* "Currency and Credit", 1919.
* "Monetary Reconstruction", 1922.
* "The Trade Cycle", 1926.
* "Trade and Credit", 1928.
* "The monetary theory of the trade cycle", "EJ", 1929.
* "Trade Depression and the Way Out", 1931
* "The Art of Central Banking", 1932.
* "The Gold Standard in Theory and Practice", 1933.
* "Capital and Employment", 1937.
* "A Century of the Bank Rate", 1938.
* "The Trade Cycle and Capital Intensity", "EJ", 1940.
* "Economic Destiny", 1944.
* "Keynes and Supply Functions", 1956.
* "The Pound at Home and Abroad", 1961.

econdary source

* E.G. Davis (1981) - "R.G. Hawtrey" in D.P. O'Brien, J.R. Presley (eds.), "Pioneers of Modern Economics in Britain"

External links

* [http://cepa.newschool.edu/het/profiles/hawtrey.htm New School: Ralph G. Hawtrey]
* [http://209.85.173.104/search?q=cache:m4LVT4-v0EgJ:eh.net/bookreviews/library/0994+ralph+hawtrey&hl=en&ct=clnk&cd=23&gl=us Understanding Business Cycles]


Wikimedia Foundation. 2010.

Look at other dictionaries:

  • Ralph George Hawtrey — Ralph George Hawtrey, né le 22 novembre 1879 à Slough, décédé le 21 mars 1975 à Londres, est un économiste britannique. Proche ami de John Maynard Keynes, il a été ennobli en 1956. Biographie Il a fait ses études à Eton, puis à l Université de… …   Wikipédia en Français

  • Hawtrey — ist der Fanmilienname folgender Personen: Charles Hawtrey (1914–1988), britischer Schauspieler Henry Hawtrey (1882–1961), britischer Leichtathlet Kay Hawtrey (* 1926), kanadische Schauspielerin Ralph George Hawtrey (1879–1975), britischer Ökonom …   Deutsch Wikipedia

  • Monetarismo — Este artículo o sección necesita una revisión de ortografía y gramática. Puedes colaborar editándolo (lee aquí sugerencias para mejorar tu ortografía). Cuando se haya corregido, borra este aviso por favor. El monetarismo es la rama o vertiente… …   Wikipedia Español

  • Хоутри, Ральф Джордж — Ральф Джордж Хоутри Ralph George Hawtrey Дата рождения: 22 ноября 1879(1879 11 22) Место рождения: Слау Дата смерти: 21 марта …   Википедия

  • John Maynard Keynes — « Keynes » redirige ici. Pour les autres significations, voir Keynes (homonymie). John Maynard Keynes John Maynard Keynes (à droite) avec le peintre Duncan Grant …   Wikipédia en Français

  • Keynes — John Maynard Keynes Pour les articles homonymes, voir Keynes (homonymie). John Maynard Keynes …   Wikipédia en Français

  • Keynésiens — John Maynard Keynes Pour les articles homonymes, voir Keynes (homonymie). John Maynard Keynes …   Wikipédia en Français

  • Dictionnaire d'économie — Projet:Économie/Liste des articles Cet article est une liste référençant l économie. D autres articles peuvent être identifiés dans la catégorie correspondante Le but de cette page est de lister les articles de Wikipédia relatifs à l économie.… …   Wikipédia en Français

  • Projet:Économie/Liste des articles — Le but de cette page est de lister les articles de Wikipédia relatifs à l économie. Ainsi, ceux et celles intéressés par le sujet peuvent suivre les changements en cliquant « Suivi des liens ». Sommaire 1 Articles 1.1 0 9 1.2 A 1.3 B …   Wikipédia en Français

  • Robert Dennis Collison Black — Robert Denis Collison Black (b.1922) is an Irish economist and historian of economic thought.R.D.C. Black was educated at Trinity College, Dublin, graduating with First Class Honours in Economics and Political Science in 1941. He gained a PhD in… …   Wikipedia

Share the article and excerpts

Direct link
Do a right-click on the link above
and select “Copy Link”

We are using cookies for the best presentation of our site. Continuing to use this site, you agree with this.