Victor Danielsen Norman (born 18 July 1946 in

Risør is a municipality in Agder county, Norway. It is located on the Skagerrak coast in the traditional region of Sørlandet. The administrative centre of Risør municipality is the town of Risør. There are many villages in Risør such as Akland, ...

) is a Norwegian

economist An economist is a professional and practitioner in the social sciences, 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 ...

politician A politician is a person active in party politics, or a person holding or seeking an elected office in government. Politicians propose, support, reject and create laws that govern the land and by an extension of its people. Broadly speaking, a ...

for the

Conservative Party The Conservative Party is a name used by many political parties around the world. These political parties are generally right-wing though their exact ideologies can range from center-right to far-right. Political parties called The Conservative P ...

and newspaper

columnist A columnist is a person who writes for publication in a series, creating an article that usually offers commentary and opinions. Column (newspaper), Columns appear in newspapers, magazines and other publications, including blogs. They take the fo ...

. He is a retired professor of economics at the

Norwegian School of Economics The Norwegian School of Economics ( no, Norges Handelshøyskole) or NHH is a business school situated in Bergen, Norway. It was founded in 1936 as Norway's first business school and is a leading teaching and research institution in the fields of ...

(NHH) and former

Chairman The chairperson, also chairman, chairwoman or chair, is the presiding officer of an organized group such as a board, committee, or deliberative assembly. The person holding the office, who is typically elected or appointed by members of the grou ...

of the Institute for Research in Economics and Business Administration.

Academics

Victor Norman earned his bachelor's degree from

Yale University Yale University is a private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the third-oldest institution of higher education in the United States and among the most prestigious in the wo ...

and his PhD from

Massachusetts Institute of Technology The Massachusetts Institute of Technology (MIT) is a private land-grant research university in Cambridge, Massachusetts. Established in 1861, MIT has played a key role in the development of modern technology and science, and is one of the ...

in 1972. Among his academic advisers were

Charles P. Kindleberger Charles Poor Kindleberger (October 12, 1910 – July 7, 2003) was an American economic historian and author of over 30 books. His 1978 book ''Manias, Panics, and Crashes'', about speculative stock market bubbles, was reprinted in 2000 after the ...

Paul A. Samuelson Paul Anthony Samuelson (May 15, 1915 – December 13, 2009) was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "h ...

and Jagdish N. Bhagwati. His book co-authored with Avinash K. Dixit, Theory of International Trade: A Dual, General Equilibrium Approach, , is an application of the

microeconomic Microeconomics is a branch of mainstream economics that studies the behavior of individuals and firms in making decisions regarding the allocation of scarce resources and the interactions among these individuals and firms. Microeconomics fo ...

principle of duality to

trade theory International trade is the exchange of capital, goods, and services across international borders or territories because there is a need or want of goods or services. (see: World economy) In most countries, such trade represents a significant ...

, which

William J. Baumol William Jack Baumol (February 26, 1922 – May 4, 2017) was an American economist. He was a professor of economics at New York University, Academic Director of the Berkley Center for Entrepreneurship and Innovation, and Professor Emeritus at Prin ...

has called a clear, detailed, important contribution to the academic understanding of international trade. He was appointed professor of economics at NHH in 1975. Victor Norman served as

rector Rector (Latin for the member of a vessel's crew who steers) may refer to: Style or title *Rector (ecclesiastical), a cleric who functions as an administrative leader in some Christian denominations *Rector (academia), a senior official in an edu ...

at NHH from August 1999 till October 2001. He was preceded in this position by

Carl Julius Norstrøm Carl Julius Norstrøm (6 January 1936 – 15 June 2012) was a Norwegian economist An economist is a professional and practitioner in the social sciences, social science discipline of economics. The individual may also study, develop, and appl ...

and succeeded by

Per Ivar Gjærum Per Ivar Gjærum (born 10 August 1948) a Norwegian organizational theorist, and Emeritus Associate Professor of Finance and Management Science at the Norwegian School of Economics (NHH). His specialty fields involve investment and project analysi ...

. He is a member of the

Norwegian Academy of Science and Letters The Norwegian Academy of Science and Letters ( no, Det Norske Videnskaps-Akademi, DNVA) is a learned society based in Oslo, Norway. Its purpose is to support the advancement of science and scholarship in Norway. History The Royal Frederick Univer ...

Politics

From 19 October 2001 to 8 March 2004 he served as Minister of Labour and Government Administration in the

second cabinet Bondevik Bondevik's Second Cabinet governed Norway between 19 October 2001 and 17 October 2005. It was led by Kjell Magne Bondevik and consisted of the Conservative Party, the Christian Democratic Party and the Liberal Party The Liberal Party is any of ...

. Among the issues he passed in his term was the removal of point accrual on

frequent flyer program A frequent-flyer program (American English) or frequent-flyer programme (British English) is a loyalty program offered by an airline. Many airlines have frequent-flyer programs designed to encourage airline customers enrolled in the program ...

s for domestic

flights Flight is the process by which an object moves without direct support from a surface. Flight may also refer to: Arts, entertainment, and media Films * ''Flight'' (1929 film), an American adventure film * ''Flight'' (2009 film), a South Korean d ...

and the relocation of several government agencies from

Oslo Oslo ( , , or ; sma, Oslove) is the capital and most populous city of Norway. It constitutes both a county and a municipality. The municipality of Oslo had a population of in 2022, while the city's greater urban area had a population of ...

to other cities and towns across Norway.

References

{{DEFAULTSORT:Norman, Victor 1946 births Living people Microeconomists Norwegian economists Norwegian columnists Government ministers of Norway Conservative Party (Norway) politicians Academic staff of the Norwegian School of Economics Rectors of the Norwegian School of Economics Members of the Norwegian Academy of Science and Letters Massachusetts Institute of Technology alumni Yale University alumni People from Risør