14 Facts About Richard Stone


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 was born in London, UK on 30 August 1913.

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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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