Richard Stone

For the composer Richard Stone, see Richard Stone (composer).

For the US Senator, see Richard Bernard Stone

Sir John Richard Nicholas Stone (August 30, 1913 – December 6, 1991) was an eminent British economist who in 1984 received the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for developing an accounting model that could be used to track economic activities on a national and, later, an international scale. Stone was educated at Westminster School, Cambridge University (Caius and King's). He is sometimes known as the father of national income accounting and is also know for the system of demand equations he devised for estimation in the late 1940's. Stone's Nobel Prize was controversial because his contributions to the science were not widely considered as original but rather as mundane. His prize is widely seen as having been a prize for his deceased teacher Maynard Keynes.

External links

• Nobel prize page
• About Richard Stone
• Biography