Abba P. Lerner, Date of Birth, Place of Birth, Date of Death

    

Abba P. Lerner

American economist

Date of Birth: 28-Oct-1903

Place of Birth: Bessarabia Governorate

Date of Death: 27-Oct-1982

Profession: economist

Nationality: United States

Zodiac Sign: Scorpio


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About Abba P. Lerner

  • Abraham "Abba" Ptachya Lerner (also Abba Psachia Lerner; 28 October 1903 – 27 October 1982) was a Russian-born British economist. Born in Bessarabia, Russian Empire, Lerner grew up in a Jewish family, which emigrated to Great Britain when Lerner was three years old.
  • Lerner grew up in London's East End and from age 16 worked as a machinist, a teacher in Hebrew schools, and as an entrepreneur.
  • In 1929, Lerner entered the London School of Economics, where he studied under Friedrich Hayek.
  • A six-month stay at Cambridge in 1934–1935 brought him into contact with John Maynard Keynes.
  • In 1937, Lerner emigrated to the United States.
  • While in the United States, Lerner befriended his intellectual opponents Milton Friedman and Barry Goldwater.Lerner never stayed at one institution long, serving on the faculties of nearly a dozen universities and accepting over 20 visiting appointments.
  • Lerner was 62 when he was given a professorship at the University of California, Berkeley in 1965 and left after reaching mandatory retirement age six years later.
  • During his time there, Lerner criticized the unrest caused by the student Free Speech Movement as a threat to academic freedom.Although Lerner never received the Sveriges Riksbank's Nobel Memorial Prize in Economic Sciences, he has been recognized as one of the greatest economists of his era.
  • Fundamental economic "concepts, theorems and rules" were derived and/or furthered by Lerner's work throughout his academic career.

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