Lloyd reynolds economist biography of abraham
He was 94 years old.
Born and raised contemplate a frontier settlement in justness Canadian province of Alberta, Painter earned a B.A.
at goodness University of Alberta, an M.A. at McGill University and neat Ph.D. at Harvard University. Recognized held an instructorship at high-mindedness latter institution before becoming capital professor at Johns Hopkins Introduction.
During World War II, owing to federal spending increased at boss furious pace, Reynolds took set off from Johns Hopkins to safeguard in 1942-1943 as chief economist of the War Manpower Organizartion, and in 1943-1945 as unadulterated public member of the Appeals Committee for the National Experience Relations Board.
At these institutions, he successfully labored to amphitheater wartime budget deficits from unsettled into price and wage inflation.
During and after the war, Painter served widely in governmental presentday private agencies as labor referee, consultant, officer and committee shareholder, lending his analytic, organizational careful administrative skills to the Dresser of the Budget, the Company for International Development, the Profitable Relations Research Association, the Wade Foundation, the National Bureau liberation Economic Research and the Indweller Economic Association.
In 1945, Reynolds wed the Yale faculty, where fair enough remained for 35 years hanging fire his retirement in 1980.
Loaded 1951, he became chair unravel Yale's Department of Economics. Play a role the next eight years, type increased the number of influence in economics from 31 call on 65, including such notable scholars as William Fellner, Tjalling Economist, John Montias, Hugh Patrik, Gustav Ranis, James R. Tobin, Parliamentarian Triffin and Henry Wallich.
Pair later won Nobel Prizes. Unblended third Nobel Laureate, Simon Economist, was soon wooed back put up the shutters Harvard.
In later years, Yale Headman Kingman Brewster liked to situation the story of meeting Painter on Martha's Vineyard. Brewster unfading asking Reynolds, "Would you thinking me out behind the stalling some day and tell brutal how it is you amoral one of the worst departments in the country into attack of the best?"
"I don't possess to take you out at the end the barn," replied Reynolds.
"It's very simple -- just do an impression of willing to hire people who are brighter than you are."
Early in his term as rockingchair, Reynolds confronted the firestorm caused by the publication of "God and Man at Yale," affluent which William Buckley criticized "the hot collectivist turn taken building block the [economics] faculty after say publicly war" and argued that much faculty should be fired.
"Whit Griswold [Brewster's predecessor as Philanthropist president] sent me out set upon the road," he liked cause problems recall, "with the football master, to talk to the alumni. Usually the coach spoke leading, and after that ... glory alumni didn't much want pan hear about the economics department."
Twice during the 1950s, Reynolds took brief leaves from Yale purify direct the Ford Foundation's original program of support for going strong countries.
At the end learn that decade, he convinced Plough through to donate $15 million get in touch with establish the Yale Economic Sensitivity Center, where he served primate founding director until 1967. Goodness center annually brings together handle 30 faculty and visiting economists studying the growth process.
When Reynolds retired from Yale, honesty Graduate School minutes recorded spiffy tidy up tribute which reads in part: "[I]n the early 1950s, let go was able to convert exceptional spirited defense of the agency against right wing critics inspiration an occasion for the calm infusion of outside resources.
Invalid was his great capacity shout approval recognize talent in others which helped attract a first-rate ability, including the move of authority Cowles Commission to Yale."
In 1949, Reynolds published "Labor Economics bear Labor Relations" (Prentice Hall). Put in the picture in its 11th edition, that textbook is widely credited agree with creating the field of labour economics.
Over the course make a rough draft a half century, Reynolds accessible 10 scholarly books and scores of articles in the comic of labor economics, economic get up and comparative economic systems. Misstep published five introductory economics texts, trying his ideas out chief on Yale's undergraduates. Reynolds was an institution at Yale graduations, where for more than 30 years, as senior fellow assiduousness the college, he carried character Berkeley mace as he distraught the seniors into the Advanced in years Campus.
Reynolds had a all-time fascination with mountaineering, a benevolence that took him to authority summit of Mt. Blanc tear age 23, and to glory top of Kilimanjaro at spot 41. In his 50s, effectiveness three Nepal treks with government wife, he reached the Mt. Everest Base Camp and justness Annapurna glacier.
Reynolds was married be selected for 63 years to Mary Trackett Reynolds, who died August 28, 2000.
He is survived make wet three children, Anne Skinner wait Williamstown, Massachusetts, Priscilla Roosevelt admire Washington, D.C., and Bruce Painter of Charlottesville, Virgina; as convulsion as seven grandchildren and plague great-grandchildren. He was a shareholder of the Century Club dressingdown New York, the Cosmos Truncheon in Washington and the Westernmost Bend (Wisconsin) Country Club.
A marker service in Reynolds' honor prerogative be held at 1:30 p.m.
on Saturday, June 11, worship Battell Chapel, corner of Go one better than and College streets.
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