Roy Harrod

About Roy Harrod

Who is it?: Economist
Birth Day: February 13, 1900
Birth Place: Norfolk, United Kingdom, British
Died On: 8 March 1978(1978-03-08) (aged 78)\nHolt, Norfolk
Birth Sign: Pisces
Spouse(s): Billa Harrod
School or tradition: Post-Keynesian economics
Alma mater: New College, Oxford, King's College, Cambridge
Influences: John Maynard Keynes, John A. Hobson
Contributions: Harrod–Domar model

Roy Harrod Net Worth

Roy Harrod was born on February 13, 1900 in Norfolk, United Kingdom, British, is Economist. Sir Henry Roy Forbes Harrod was an English economist who contributed greatly to the field of macroeconomics. He built on the Keynes’s theory of income determination and developed the Harrod-Domar model. Roy Harrod was a bright student and received scholarships all through his student years. Initially, he wanted to work on philosophy, but later chose economics. While studying at the University of Cambridge he came under the influence of John Maynard Keynes and the two economists stuck up a friendship that lasted till the older man’s death. In fact, Harrod was one of the few youngsters from whom Keynes sought comments while he was writing his well-known book ‘General Theory’. In the post-war era, Harrod took it upon himself to propagate Keynesianism in both in economic and political circles. However, his own contribution was equally significant. He published numerous papers, most of which were related to economic growth. He also conducted research on currency and inflation. It is believed, he would have won a Nobel Prize had he lived longer. However, the British government honored him with a knighthood.
Roy Harrod is a member of Intellectuals & Academics

💰 Net worth: Under Review

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Biography/Timeline

1911

Harrod married Wilhelmine "Billa" Cresswell (1911–2005), step-daughter of General Sir Peter Strickland, in 1938. One of their sons was Dominick Harrod, an economics correspondent for the BBC.

1918

Born in London he attended St Paul's and then Westminster School. Harrod attended New College in Oxford on a history scholarship. After a brief period in the Artillery in 1918 he gained a first in "literae humaniores" in 1921, and a first in modern history the following year. Afterwards he spent some time in 1922 at King's College, Cambridge. It was there that he met and befriended Keynes.

1945

At the 1945 General Election he stood as Liberal candidate for Huddersfield and finished third.

1946

After the death of his Cambridge friend and colleague, the Economist John Maynard Keynes, in 1946, Harrod and Austin Robinson wrote a lengthy obituary of Keynes for The Economic Journal. At the encouragement of Geoffrey Keynes, Harrod then undertook the task of writing a major biography of Keynes. The Life of John Maynard Keynes was published to widespread acclaim in 1951, at a time when most of Keynes's family and friends were still alive.

1967

After moving back to Oxford, he became a Student (i.e., Fellow) and Tutor in economics at Christ Church. He held the fellowship in modern history and economics until 1967. He remained in contact with Keynes until Keynes's death in 1946, and was later his biographer (1951). Harrod was additionally a Fellow at Nuffield College 1938 to 1947 and from 1954 to 1958.

1970

With the post-war influence of so-called Keynesian economics and then challenges to it, cultural interest in the Bloomsbury Group, and the publication of thirty volumes of The Collected Writings of John Maynard Keynes in the 1970s and 1980s, high interest in Keynes's life lead to further biographies, most prominently by Robert Skidelsky and Donald Moggridge, and to detailed studies such as by Donald Markwell on Keynes and international relations. These works have corrected and added details to the Keynes depicted by Harrod, and Skidelsky in particular has contrasted his account of Keynes with what he has depicted as Harrod's hagiography.

2013

During the Second World War, he was briefly in Winston Churchill's "S-branch" – a statistical section within the Admiralty.