This book offers the first intellectual biography of the Anglo
Australian economist, Colin Clark. Despite taking the economics
world by storm with a mercurial ability for statistical analysis,
Clark's work has been largely overlooked in the 30 years since his
death. His career was punctuated by a number of firsts. He was the
first economist to derive the concept of GNP, the first to broach
development economics and to foresee the re-emergence of India and
China within the global economy. In 1945, he predicted the rise and
persistence of inflation when taxation levels exceeded 25 per cent
of GNP. And he was also the first economist to debunk post-war
predictions of mass hunger by arguing that rapid population growth
engendered economic development. Clark wandered through the fields
of applied economics in much the same way as he rambled through the
English countryside and the Australian bush. His imaginative
wanderings qualify him as the eminent gypsy economist for the 20th
century.
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