David Worswick (1916–2001)

Rosalind Seneca

Chapter 19 in The Palgrave Companion to Oxford Economics, 2021, pp 441-470 from Springer

Abstract: Abstract David Worswick was educated at New College, Oxford, in mathematics. In 1945, he became a Fellow in economics at Magdalen College where he was a brilliant teacher. His writings on the British economy from 1945 to 1960 reflected his deep concern about unemployment. Advocacy of the Keynesian policy of government spending to reduce unemployment and an incomes policy to control inflation lasted throughout his professional career. In 1965, he became Director of the National Institute of Economic and Social Research, where he oversaw the production of well-regarded and remarkably accurate forecasts of the British economy and also led a number of research projects. After retirement in 1991, he authored Unemployment: A Problem of Policy, which identified and mourned the government’s failure to maintain full employment in the post-Golden Age era.

Keywords: David Worswick; Oxford Institute of Statistics; Magdalen College; Oxford; National Institute of Economic and Social Research; Golden Age; Keynesian demand management; Incomes policy; Economic forecasting; Balance of payments; British regional studies (search for similar items in EconPapers)
Date: 2021
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DOI: 10.1007/978-3-030-58471-9_19

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