LSE 125, Economics

LSE then and now: development economics

For 125 years, research has been at the heart of LSE’s teaching and engagement with the world. In this series, we’ve paired up four of our historical figures with four early career academics, reflecting continuity and change across the years. Junius Olivier attended the same school as life-long inspiration Arthur Lewis. Here, he discusses their shared field of development economics and the rewards of teaching.

The year 2019 was significant for the field of development economics. With the award of the Nobel Memorial Prize in Economics to Banerjee, Duflo and Kremer for the work on poverty, an issue central to development economics, a fresh light has been cast on the significance of development economics research aimed at tackling the issue to which Arthur Lewis dedicated his life’s work.

Growing up on Saint Lucia, there are few native heroes which one can point to who have made more profound international impact than Arthur Lewis. The first Black professor in Britain and the only Black scientist to win the Nobel Prize, he overwhelmingly compensated for this dearth with the magnitude of his achievements, independent of his field of choice. Having attended the same secondary school (Saint Mary’s College), there was scarcely a day where his image did not loom large in our minds as high school students. If I could point to a singular motivating factor for my decision to become an academic in development economics, it would be the fact that Lewis provided a model for me to follow, and an inspiration to fuel my pursuits.

I have been investigating the colonial origins of underdevelopment in the Caribbean. My work focuses on the legacy of colonialism and the role of colonial political and social institutions in shaping economic and social development in post-colonial states. Beyond my research, I teach classes in Microeconomics, Macroeconomics and Economics in Public Policy. I have been most proud of my achievements in teaching and education here at LSE. In my first year at the Department of Economics I have received awards for excellence in education and teaching from both the department and the Students' Union. As someone who loves and takes pride in their teaching, I hope to continue to deliver excellent teaching in economics.

Black Excellence - Sir Arthur Lewis and His Enduring Legacy

To mark the 40th anniversary of his Nobel Prize win, students and academics shared how they’ve been inspired by his life and legacy.

Arthur Lewis (1915-1991): argued that “the fundamental cure for poverty is not money but knowledge”

Arthur Lewis arrived in England from St Lucia in 1933 to study for a B Commerce degree at LSE intending to follow a business career. He described his time at LSE as “marvellous intellectual feasts”, and in 1938 received a first class degree. After failing to obtain a Colonial Service post in Trinidad he was awarded a scholarship to study for a PhD and was appointed to a temporary assistant lectureship at LSE in 1938.

Although academic life was successful, Arthur Lewis recalled that he was “subjected to the usual disabilities – refusal of accommodation, denial of jobs for which he had been recommended, generalised discourtesy and the rest.” The decision to appoint him at LSE was unanimous, but the Director, Alexander Carr-Saunders, felt the need to explain the appointment to the School Governors and restrict his teaching to groups of students. Despite this, during LSE’s evacuation to Cambridge, as one of the few teachers not called up for civil or military service, Lewis undertook a heavy teaching load – indeed his colleague Friedrich Hayek called him “one of our best teachers”.

Arthur Lewis understood that development is about structural transformation by creating new economic opportunities. He developed the core analytical approach and played a role in bringing these ideas into policy thinking, establishing a tradition that LSE continues to this day.

- Tim Besley, W Arthur Lewis Professor of Development Economics

In 1942, Arthur Lewis published Some Aspects of the Flow of Capital into the British Colonies and was appointed Secretary to the Colonial Economic Advisory Committee where he attempted, not always successfully, to set economic research into the context of the wider needs of the British colonies. In 1948, he moved to Manchester University as a full professor and later became the first Vice Chancellor of the University of the West Indies.

In 1979, he was awarded the Nobel Prize for Economics for “pioneering research into economic development research with particular consideration of the problems of developing countries”, most fully described in Economic Development with Unlimited Supplies of Labour (1954) and The Theory of Economic Growth (1955) arguing that economic development required consideration of political, social and cultural influences as well economic theory.

This introduction to Arthur Lewis is by Sue Donnelly, formerly LSE Archivist.