Sir John Richard Nicholas Stone was an eminent British economist, educated at Westminster School and Gonville and Caius College and King's College at the University of Cambridge.
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Sir John Richard Nicholas Stone was an eminent British economist, educated at Westminster School and Gonville and Caius College and King's College at the University of Cambridge.
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Richard Stone received an English upper middle class education when he was a child as he attended Cliveden Place and Westminster School.
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Richard Stone was interested in economics as he thought that "if there were more economists, the world would be a better place".
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Richard Stone faced a challenge from his parents as they were disappointed to his choice.
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However, Richard Stone was very enthusiastic to be an economist and then enjoyed his time studying economics.
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Richard Stone left working for the government when the war ended in 1945.
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Richard Stone himself had many projects in DAE: national accounting where he had employed Agatha Chapman as a research associate, the analysis of consumer demand, and the system of socio-demographic account.
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In 1955, Stone gave up his Directorship at the department as he was appointed as the P D Leake Chair of Finance and Accounting at Cambridge .
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Richard Stone was succeeded as leader of the Cambridge Growth Project by Terry Barker.
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In 1970, Richard Stone was appointed as the Chairman of the Faculty Board of Economics and Politics for the next two years.
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Richard Stone continues to develop MDM and to use the model to make economic forecasts.
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Richard Stone stated that it was one of the first works in economics to examine various sectors on such a global level and how they are all interconnected.
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Richard Stone was survived by his third wife Giovanna, and his daughter Caroline.
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