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Birth Name:
Nicholas Kaldor
Male
Birth Date:
Tue, May 12, 1908
Time of Birth:
Unknown (using Noon)
Place of Birth:
Budapest, Budapest, Hungary
Age:
116
Zodiac Sign:
Taurus
Astrology Data:
Sun
Nicholas Kaldor, Baron Kaldor (12 May 1908 – 30 September 1986), born Káldor Miklós, was a Cambridge economist in the post-war period. He developed the "compensation" criteria called Kaldor–Hicks efficiency for welfare comparisons (1939), derived the cobweb model, and argued for certain regularities observable in economic growth, which are called Kaldor's growth laws. Kaldor worked alongside Gunnar Myrdal to develop the key concept Circular Cumulative Causation, a multicausal approach where the core variables and their linkages are delineated. Both Myrdal and Kaldor examine circular relationships, where the interdependencies between factors are relatively strong, and where variables interlink in the determination of major processes. Gunnar Myrdal got the concept from Knut Wicksell and developed it alongside Nicholas Kaldor when they worked together at the United Nations Economic Commission for Europe. Myrdal concentrated on the social provisioning aspect of development, while Kaldor concentrated on demand-supply relationships to the manufacturing sector. Kaldor also coined the term "convenience yield" related to commodity markets and the so-called theory of storage, which was initially developed by Holbrook Working.
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Astrological aspects and planetary data / tags for Nicholas Kaldor: Sun 21 Taurus, Moon 5 Libra, Mercury 26 Taurus, Venus 5 Cancer, Mars 23 Gemini, Jupiter 6 Leo, Saturn 6 Aries, Uranus 16 Capricorn, Neptune 12 Cancer, Pluto 23 Gemini, Sun Trine Uranus, Sun Conjunct Mercury, Sun Semi Square Venus, Sun Semi Square Saturn, Mercury Semi Square Neptune, Venus Semi Sextile Jupiter, Venus Square Saturn, Venus Conjunct Neptune, Mars Semi Square Jupiter, Mars Conjunct Pluto, Jupiter Trine Saturn, Jupiter Semi Square Pluto, Uranus Opposition Neptune
Categories related to Nicholas Kaldor: Fellows of the Econometric Society, May 12 births, Alumni of the London School of Economics, 20th-century economists, Hungarian economists, Jewish scientists, Naturalised citizens of the United Kingdom, Academics of the London School of Economics, 1986 deaths, Writers from Budapest, Post-Keynesian economists, Hungarian Jews, Hungarian emigrants to England, British people of Hungarian-Jewish descent, Members of the Fabian Society, 1908 births, Life peers
Photo attribution: London School of Economics, This file has been extracted from another file: 90th Birthday Reception for H. Lance Beales, February 1979.jpg
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