John Jewkes (economist)
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John Jewkes (1902–1988) was a British
classical liberal Classical liberalism is a political tradition and a branch of liberalism that advocates free market and laissez-faire economics; civil liberties under the rule of law with especial emphasis on individual autonomy, limited government, econom ...
economist. He was Professor of Economic Organisation at Merton College, Oxford. His main work, ''Ordeal by Planning'', was written in 1946 and argued that the central planning implemented in the United Kingdom during World War II will lead to poverty if it is adopted as a permanent economic system, a thesis quite similar to the one developed by
Friedrich Hayek Friedrich August von Hayek ( , ; 8 May 189923 March 1992), often referred to by his initials F. A. Hayek, was an Austrian–British economist, legal theorist and philosopher who is best known for his defense of classical liberalism. Haye ...
in 1945 in ''
The Road to Serfdom ''The Road to Serfdom'' ( German: ''Der Weg zur Knechtschaft'') is a book written between 1940 and 1943 by Austrian-British economist and philosopher Friedrich Hayek. Since its publication in 1944, ''The Road to Serfdom'' has been popular among ...
''. His line of thought was close to the
ordoliberal Ordoliberalism is the German variant of economic liberalism that emphasizes the need for government to ensure that the free market produces results close to its theoretical potential but does not advocate for a welfare state. Ordoliberal ideals ...
thesis of
Wilhelm Röpke Wilhelm Röpke (October 10, 1899 – February 12, 1966) was a German economist and social critic, best known as one of the spiritual fathers of the social market economy. A Professor of Economics, first in Jena, then in Graz, Marburg, Ist ...
and
Walter Eucken Walter Eucken (; 17 January 1891 – 20 March 1950) was a German economist of the Freiburg school and father of ordoliberalism. He is closely linked with the development of the concept of "social market economy". Early life Walter Eucken was born ...
. He is also remembered for his book ''The Sources of Invention'' (1958), written with two research assistants, David Sawers and Richard Stillerman. It is based on 50 case studies of 19th century and 20th century technological innovations and is considered a pioneering study in the economics of innovation. He was president of the
Mont Pelerin Society The Mont Pelerin Society (MPS) is an international organization composed of economists, philosophers, historians, intellectuals and business leaders.Michael Novak, 'The Moral Imperative of a Free Economy', in '' The 4% Solution: Unleashing the E ...
from 1962 to 1964.


Bibliography

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References


External links


Biography of John Jewkes, at University of Buckingham


* ttps://web.archive.org/web/20070814054238/http://www.economicthinking.org/technology/sourcesofinvention.html The Sources of Invention by John Jewkes (brief summary of book by the author)* 1988 deaths 1902 births British classical liberals Academics of the University of Buckingham 20th-century British economists Fellows of Merton College, Oxford Member of the Mont Pelerin Society {{UK-economist-stub