Thomas Balogh, Baron Balogh

Thomas Balogh, Baron Balogh, of Hampstead in Greater London (birth name: Tamás Balogh, born November 2, 1905 in Budapest, † 20 January 1985 in Hampstead, London Borough of Camden ) was a native of Hungary, British economist, university professor and politician Labour Party, which for almost forty years, among other economics at University College London, and at Balliol College, University of Oxford taught in 1968 as a Life peer because of the Life peerages Act 1958 a member of the House of Lords was and was from 1974 to 1975 Minister of State at the Department of Energy.

Life

Balogh, whose father was head of the Department of Transportation Budapest, after the visit of the Model Secondary School in Budapest began studying at the University of Budapest, which he later continued at the Friedrich -Wilhelms -Universität zu Berlin. While studying in Germany, he wrote some economics works in German language. Between 1928 and 1929 he graduated as a Fellow with a grant from the Rockefeller Foundation, a research stay at Harvard College in Massachusetts.

In 1934, Balogh Lecturer in Economics at University College London ( UCL) and taught there until 1940. On January 26, 1938, he acquired British citizenship by naturalization. In addition, he took over in 1939 as a Lecturer at Balliol College, University of Oxford, and taught there until 1973, latterly as Reader economics. In addition to his many years of teaching and research, he has written numerous reference books such as The Cause of Poverty, which was translated into several other languages ​​.

By Letters Patent of June 20, 1968 Balogh was raised due to the Life peerages Act 1958 as Life peer with the title Baron Balogh, of Hampstead in Greater London to the peerage, and thus belonged to his death in the House of Lords as a member. In 1974 he was Minister of State at the Department of Energy ( Department of Energy) in the formed by Prime Minister Harold Wilson Labour Government and has held this position until 1975. As a minister of state he was one of the then Energy Minister ( Secretary of State for Energy) Eric Varley closest associates.

Publications

  • The National Economy of Germany, 1938
  • Investment Trusts and Investment Companies: Letter from the Chairman of the Securities and Exchange Commission Transmitting, Pursuant to Law, A Report on Investment Trusts in Great Britain, co-author Ernest Doblin, 1939
  • Investment Trusts and Investment Companies. Report of the Securities and Exchange Commission. Pursuant to Section 30 of the Public Utility Holding Company Set of 1935 Investment Trusts in Great Britain, co-author Ernest Doblin, 1939
  • New Plans for International Trade, co-authors of Ernst Friedrich Schumacher and Michał Kalecki, 1943
  • Discrimination, British Trade Problems and the Marshall Plan, 1948
  • Fundamental disequilibrium and Devaluation, 1948
  • Germany: An Experiment in Planning by the Free Price Mechanism, 1950
  • 6 Studies in financial organization, 1950
  • The inappropriateness of Simple " elasticity" Concepts in the Analysis of International Trade, co-author Paul Streeten, 1951
  • The Economic Problems of Malta: An Interim Report, co-author Dudley Seers, 1955
  • The Dollar Crisis Revisited, 1955
  • Some aspects of economic growth of under- developed areas, 1962
  • Unequal Partners, (2 volumes The theoretical framework and Historical Episodes ), 1963
  • Planning for progress: a strategy for labor, 1963
  • The Economic Impact of Monetary and Commercial Institutions of a European Origin in Africa, 1964
  • Notes on the United Nations Conference on Trade and Development, 1964
  • Towards Socialism, co-authors Richard Crossman, Perry Anderson and others, 1965
  • Crisis in the Civil Service, 1968
  • Government Measures to Support Private Overseas Investment in Less Developed Countries, 1969
  • Planning for the second development decade, 1970
  • Two reviews of the Pearson Report: Pearson and Jackson, co-author Paul Streeten, 1970
  • Do Investment Models Apply to Developing Nations?, Co-author Paul Streeten, 1970
  • Labour and Inflation, 1970
  • The Cause of poverty, new edition 1971
  • Exchange Council expansion and Incomes Policy, 1971
  • The economics of poverty, 2nd edition 1974
  • Aid and World Instability, 1977
  • The limitation of the "safety net ", 1977
  • The Dollar Crisis, 1978
  • Necromancy and After, 1978
  • Oil and the Budget, 1978
  • The Transfer Problem Revisited: Analogies Between the Reparations Payments of the 1920s and the Problems of the OPEC Surpluses, co-author, Andrew Graham, 1979
  • The irrelevance of Conventional economics, 1982
  • Fact and fancy in international economic relations: an essay on international monetary reform, co-author Peter Balacs, 1975
  • The rationalization of banking in Germany, 1928
  • Central bank policy and credit market in the United States, 1929
  • International Economic Relations. Doctrine and Reality, 1973

Background literature

  • June Morris: The Life and Times of Thomas Balogh: A Macaw Among Mandarins, 2007, ISBN 1-84519-153-6
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