Sir Hubert Douglas Henderson (20 October 1890 – 22 February 1952), was a British economist and
Liberal Party
The Liberal Party is any of many political parties around the world. The meaning of ''liberal'' varies around the world, ranging from liberal conservatism on the right to social liberalism on the left.
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politician.
Background
Henderson was born the son of John Henderson of
Glasgow
Glasgow ( ; sco, Glesca or ; gd, Glaschu ) is the most populous city in Scotland and the fourth-most populous city in the United Kingdom, as well as being the 27th largest city by population in Europe. In 2020, it had an estimated popul ...
. He was educated at
Aberdeen Grammar School
Aberdeen Grammar School is a state secondary school in Aberdeen, Scotland. It is one of thirteen secondary schools run by the Aberdeen City Council educational department.
It is the oldest school in the city and one of the oldest grammar school ...
,
Rugby School
Rugby School is a public school (English independent boarding school for pupils aged 13–18) in Rugby, Warwickshire, England.
Founded in 1567 as a free grammar school for local boys, it is one of the oldest independent schools in Britain. Up ...
and
Emmanuel College, Cambridge
Emmanuel College is a constituent college of the University of Cambridge. The college was founded in 1584 by Sir Walter Mildmay, Chancellor of the Exchequer to Elizabeth I. The site on which the college sits was once a priory for Dominican mon ...
. In 1915, he married Faith Bagenal. They had one son (
Nicholas Henderson
Sir John Nicholas Henderson, (1 April 191916 March 2009), known as Nicko Henderson, was a British diplomat and writer, who served as British Ambassador to the United States from 1979 to 1982.
Life and career
Henderson was born in London, the ...
) and two daughters. Henderson was knighted in 1942.
Professional career
Henderson was Secretary of the Cotton Control Board from 1917 to 1919 and was a
Fellow
A fellow is a concept whose exact meaning depends on context.
In learned or professional societies, it refers to a privileged member who is specially elected in recognition of their work and achievements.
Within the context of higher education ...
of
Clare College, Cambridge
Clare College is a constituent college of the University of Cambridge in Cambridge, England. The college was founded in 1326 as University Hall, making it the second-oldest surviving college of the University after Peterhouse. It was refounded ...
and University Lecturer in Economics from 1919 to 1923. He was editor of ''
The Nation and Athenaeum
''The Nation and Athenaeum'', or simply ''The Nation'', was a United Kingdom political weekly newspaper with a Liberal/Labour viewpoint. It was formed in 1921 from the merger of the ''Athenaeum'', a literary magazine published in London since 1828 ...
'' from 1923 to 1930. Henderson was Joint Secretary to the Economic Advisory Council from 1930 to 1934. In 1934, he became a Fellow of
All Souls College, Oxford
All Souls College (official name: College of the Souls of All the Faithful Departed) is a constituent college of the University of Oxford in England. Unique to All Souls, all of its members automatically become fellows (i.e., full members of t ...
.
Henderson was
Drummond Professor of Political Economy
The Drummond Professorship of Political Economy at All Souls College, Oxford has been held by a number of distinguished individuals, including three Nobel laureates. The professorship is named after and was founded by Henry Drummond.
List of ...
at Oxford from 1945 to 1951. He was appointed Warden of All Souls College, Oxford, in 1951, but he did not take up the appointment. He became an Honorary Fellow of
Nuffield College, Oxford
Nuffield College () is one of the constituent colleges of the University of Oxford in England. It is a graduate college and specialises in the social sciences, particularly economics, politics and sociology. Nuffield is one of Oxford's newer co ...
in 1952.
Political career
Henderson served as
President of the Cambridge Union
This is a list of presidents of Cambridge Union since its foundation in 1815.
1815–1916
It was resolved at a Private Business Meeting held on Monday, May 8, 1916, to hold no elections for terminal officers in the Easter Term, nor subsequentl ...
in Michaelmas Term 1912. In 1922, he was one of the founders of the Liberal Summer School. He was a major contributor to the report of the Liberal Industrial Inquiry entitled ''
Britain's Industrial Future'', published in 1928, which advocated a large-scale programme of national development. For the 1929 election, Henderson and
John Maynard Keynes
John Maynard Keynes, 1st Baron Keynes, ( ; 5 June 1883 – 21 April 1946), was an English economist whose ideas fundamentally changed the theory and practice of macroeconomics and the economic policies of governments. Originally trained in ...
produced a pamphlet, ''Can Lloyd George do it?'', supporting the Liberal leader's claim to be able to conquer unemployment.
Henderson was Liberal candidate for
Cambridge University
, mottoeng = Literal: From here, light and sacred draughts.
Non literal: From this place, we gain enlightenment and precious knowledge.
, established =
, other_name = The Chancellor, Masters and Schola ...
at the 1929 general election but was not elected. He did not stand for Parliament again. He was a member of the
West India Royal Commission from 1938 to 1939. Henderson was Economic Adviser to
His Majesty's Treasury
His Majesty's Treasury (HM Treasury), occasionally referred to as the Exchequer, or more informally the Treasury, is a department of His Majesty's Government responsible for developing and executing the government's public finance policy and eco ...
from 1939 to 1944. He became a member of the
Royal Commission on Population in 1944 and served as chairman in 1946. Henderson was Chairman of the Statutory Committee on Unemployment Insurance from 1945 to 1948.
[‘HENDERSON, Sir Hubert Douglas’, Who Was Who, A & C Black, an imprint of Bloomsbury Publishing plc, 1920–2015; online edn, Oxford University Press, 2014 ; online edn, April 201]
accessed 26 Sept 2015
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Electoral record
See also
*Rede Lecture
The Sir Robert Rede's Lecturer is an annual appointment to give a public lecture, the Sir Robert Rede's Lecture (usually Rede Lecture) at the University of Cambridge. It is named for Sir Robert Rede, who was Chief Justice of the Common Pleas in th ...
*
*Supply and demand
In microeconomics, supply and demand is an economic model of price determination in a Market (economics), market. It postulates that, Ceteris paribus, holding all else equal, in a perfect competition, competitive market, the unit price for a ...
References
External links
*
''Oxford Dictionary of National Biography''
{{DEFAULTSORT:Henderson, Hubert Douglas
1890 births
1952 deaths
English economists
English people of Scottish descent
Neoclassical economists
People educated at Aberdeen Grammar School
People educated at Rugby School
Alumni of Emmanuel College, Cambridge
Fellows of All Souls College, Oxford
Drummond Professors of Political Economy
Liberal Party (UK) parliamentary candidates
British magazine editors
Fellows of Clare College, Cambridge
Presidents of the Cambridge Union