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Tibor de Scitovsky, also known as Tibor Scitovsky (November 3, 1910 – June 1, 2002), was a Hungarian born, American
economist An economist is a professional and practitioner in the social science discipline of economics. The individual may also study, develop, and apply theories and concepts from economics and write about economic policy. Within this field there are ...
who was best known for his writing on the nature of people's happiness in relation to consumption. He was
Associate Professor Associate professor is an academic title with two principal meanings: in the North American system and that of the ''Commonwealth system''. Overview In the '' North American system'', used in the United States and many other countries, it is ...
and Professor of
Economics Economics () is the social science that studies the production, distribution, and consumption of goods and services. Economics focuses on the behaviour and interactions of economic agents and how economies work. Microeconomics analy ...
at Stanford University from 1946 through 1958 and Eberle Professor of Economics from 1970 until his retirement in 1976, when he became Professor Emeritus. In honor of his deep contributions to economic analysis, he was elected Distinguished Fellow of the American Economic Association, Fellow of the
Royal Economic Society The Royal Economic Society (RES) is a professional association that promotes the study of economic science in academia, government service, banking, industry, and public affairs. Originally established in 1890 as the British Economic Association, ...
, member of the
American Academy of Arts and Sciences The American Academy of Arts and Sciences (abbreviation: AAA&S) is one of the oldest learned societies in the United States. It was founded in 1780 during the American Revolution by John Adams, John Hancock, James Bowdoin, Andrew Oliver, ...
, and Corresponding Fellow of the
British Academy The British Academy is the United Kingdom's national academy for the humanities and the social sciences. It was established in 1902 and received its royal charter in the same year. It is now a fellowship of more than 1,000 leading scholars span ...
.


Life

Scitovsky was born in
Hungary Hungary ( hu, Magyarország ) is a landlocked country in Central Europe. Spanning of the Carpathian Basin, it is bordered by Slovakia to the north, Ukraine to the northeast, Romania to the east and southeast, Serbia to the south, Croa ...
in 1910. As the ''de'' indicates, he was born into a noble family; his father, Tibor Scitovszky, held the post of Foreign Minister. He was educated at the Pázmány Péter University (from which he held an undergraduate degree in law),
University of Cambridge , 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 ...
, and the
London School of Economics , mottoeng = To understand the causes of things , established = , type = Public research university , endowment = £240.8 million (2021) , budget = £391.1 mill ...
. He came to the
United States The United States of America (U.S.A. or USA), commonly known as the United States (U.S. or US) or America, is a country primarily located in North America. It consists of 50 U.S. state, states, a Washington, D.C., federal district, five ma ...
on a traveling fellowship. He enlisted in the
United States Army The United States Army (USA) is the land warfare, land military branch, service branch of the United States Armed Forces. It is one of the eight Uniformed services of the United States, U.S. uniformed services, and is designated as the Army o ...
during
World War II World War II or the Second World War, often abbreviated as WWII or WW2, was a world war that lasted from 1939 to 1945. It involved the World War II by country, vast majority of the world's countries—including all of the great power ...
, in counter-intelligence. Because he still had family in German-allied Hungary he changed his name during this time to Thomas Dennis. After a spell at
Stanford Stanford University, officially Leland Stanford Junior University, is a private research university in Stanford, California. The campus occupies , among the largest in the United States, and enrolls over 17,000 students. Stanford is consider ...
from 1946–1958, he left for Berkeley and remained there until 1968, although he was on leave to do research at the
Organisation for Economic Co-operation and Development The Organisation for Economic Co-operation and Development (OECD; french: Organisation de coopération et de développement économiques, ''OCDE'') is an intergovernmental organization, intergovernmental organisation with 38 member countries ...
. Starting as early as 1959, he began an examination of the nature of human well-being from a broader viewpoint than is customary among economists. Scitovsky married and later divorced health economist
Anne A. Scitovsky Anne Aickelin Scitovsky (April 17, 1915 – January 16, 2012) was an American health economist. She was associated with the Palo Alto Medical Foundation for most of her career and was a member of the National Academy of Medicine. Biography S ...
.


Major works

* Scitovsky, Tibor (1940), "A study of interest and capital", ''Economica''. * Scitovsky, Tibor (1941), "A note on welfare propositions in economics", ''RES''. * Scitovsky, Tibor (1941), "Capital accumulation, employment and price rigidity", ''RES''. * Scitovsky, Tibor (1942), "A reconsideration of the theory of tariffs", ''RES''. * Scitovsky, Tibor (1943), "A note on profit maximization and its implications", ''RES''. * Scitovsky, Tibor (1951), ''Welfare and competition: the economics of a fully employed economy''. * Scitovsky, Tibor; Shaw, E. S.; Tarshis, L. (1951), ''Mobilizing resources for war: the economic alternatives''. * Scitovsky, Tibor (1954), "Two concepts of external economies", ''JPE''. * Scitovsky, Tibor (1958), ''Economic theory and Western European integration''. * * Scitovsky, Tibor (1960), "Standards for the performance of our economic system", ''AER''. * Scitovsky, Tibor (1962), "On the principle of consumer's sovereignty", ''AER''. * Scitovsky, Tibor (1964), ''Papers on welfare and growth''. * Scitovsky, Tibor (1969), ''Money and the balance of payments''. * Scitovsky, Tibor; Little, I. M. D.; Scott, M. F. G (1970), ''Industry and trade in some developing countries''. * Scitovsky, Tibor (1972), "What's wrong with the arts is what's wrong with society", ''AER''. * Scitovsky, Tibor (1972), "The producer society", ''De Economist''. * Scitovsky, Tibor (1973), "The place of economic welfare in human welfare", ''QREB''. * Scitovsky, Tibor (1974), "Inequalities: open and hidden, measured and immeasurable", ''Annals of AAPSS''. * Scitovsky, Tibor (1974), "Are men rational or economists wrong?", in ''Nations and Households in Economic Growth''. * Scitovsky, Tibor (1976), ''The joyless economy: an inquiry into human satisfaction and consumer dissatisfaction''. * Scitovsky, Tibor (1978), "Market power and inflation", ''Economica''. * Scitovsky, Tibor (1978), "Asymmetries in economics", '' Scottish Journal of Political Economy''. * Scitovsky, Tibor (1979), "Can changing consumer tastes save resources?", in ''Economic Growth and Resources''. * Scitovsky, Tibor (1980), "Can capitalism survive? An old question in a new setting", ''AER''. * Scitovsky, Tibor (1981), "Excess demand for job importance and its implications", in ''Wert und Praeferenzprobleme in den Sozialwissenschaften''. * Scitovsky, Tibor (1981), "The desire for excitement in modern society", ''Kyklos''. * Scitovsky, Tibor (1983), "Subsidies for the arts: the economic argument", in ''Economic support for the arts''. * Scitovsky, Tibor (1985), "Human desire and economic satisfaction", ''Kyklos''. * Scitovsky, Tibor (1986), "Psychologizing by economists", in MacFadyen, editors, ''Psychology''. * Scitovsky, Tibor (1986), ''Human desire and economic satisfaction: essays on the frontiers of economics''. * Scitovsky, Tibor (1987), "Growth in the affluent society", 1987, ''Lloyds BR''.


References


External links


Profile of Tibor Scitovsky
at th
History of Economic Thought website


* {{DEFAULTSORT:Scitovsky 20th-century American economists 1910 births 2002 deaths Distinguished Fellows of the American Economic Association Corresponding Fellows of the British Academy Fellows of the Royal Economic Society Tibor 02 Academics of the London School of Economics Hungarian emigrants to the United States