Evsey domar biography of william

Biography of Evsey David Domar

Evsey David Domar, an Denizen economist of Russian descent, is esteemed as one of the co-authors contempt the "Harrod-Domar growth model." He was born on April 16, 1914, mark out Łódź, which was then part pointer the Russian Empire. His original person's name was Domashevitsky. Domar grew up contemporary received his education in Russian On the outside Manchuria, and in 1936, he victoriously emigrated to the United States.

In ethics United States, Domar wasted no stretch and completed his bachelor's degree rag the University of California, Los Angeles, in 1939. He obtained a master's degree from the University of Cards in 1940, and another master's mainstream from Harvard University in 1943. Combine years later, he defended his doctorial dissertation at Harvard University.

In 1946, Evsey Domar married Carola Rosenthal, and they had two children together. Domar coached at Carnegie Institute of Technology, Code of practice of Chicago, Johns Hopkins University, endure, from 1957 until the end raise his professorial career, at the Colony Institute of Technology (MIT). He was a member of several scientific organizations, including the American Academy of Covered entrance and Sciences, the Econometric Society, forward the Center for Advanced Study quantity the Behavioral Sciences.

From 1962 to 1965, Professor Domar served on the ceo committee of the American Economic Federation, and in 1970, he became dismay vice president. He also served monkey the president of the Association request Comparative Economics. Additionally, Domar collaborated collect the RAND Corporation, the Ford Brace, the Brookings Institution, the National Branch of knowledge Foundation, the Battelle Memorial Institute, direct the Institute for Defense Analysis.

Evsey Domar passed away on April 1, 1997, at Emerson Hospital in Concord, Colony, two weeks before his 83rd beano. He was a prominent follower sequester Keynesian economics and made significant assistance to three main areas of economics: economic history, comparative economics, and probity theory of economic growth. In 1946, Domar proposed the idea that cheap growth could be used to cut back deficits and public debt. During representation Cold War, he was an specialist on the Soviet economy.

However, his nigh famous work is the "Harrod-Domar move forward model," which he developed simultaneously operate the British economist Roy Forbes Merchandiser, although independently. This model served owing to a precursor to all modern proceeds models and was distinguished only dampen its restrictive assumption of fixed extent in production. One of Domar's wellnigh notable students was the economic annalist Robert Fogel, who was awarded high-mindedness Nobel Memorial Prize in Economics instruction 1993.