John Jewkes
Encyclopedia
John Jewkes was a British classical liberal
economist. He was Professor of Economic Organisation at Merton College, Oxford.
His main work, Ordeal by Planning, was written in 1946; in it he argues that the central planning implemented in the United Kingdom during World War II can only lead to poverty if it is adopted as a permanent economic system. This thesis is quite similar to the one developed by Friedrich Hayek
in 1945 in The Road to Serfdom
. His line of thought was close to the ordoliberal
thesis of Wilhelm Röpke
and Walter Eucken
.
He is also remembered for his book The Sources of Invention (1958), written with two research assistants, David Sawers and Richard Stillerman. It is based on 50 case studies of 19th century and 20th century technological innovations and is considered a pioneering study in the economics of innovation.
He was president of the Mont Pelerin Society
from 1962 to 1964.
Liberalism
Liberalism is the belief in the importance of liberty and equal rights. Liberals espouse a wide array of views depending on their understanding of these principles, but generally, liberals support ideas such as constitutionalism, liberal democracy, free and fair elections, human rights,...
economist. He was Professor of Economic Organisation at Merton College, Oxford.
His main work, Ordeal by Planning, was written in 1946; in it he argues that the central planning implemented in the United Kingdom during World War II can only lead to poverty if it is adopted as a permanent economic system. This thesis is quite similar to the one developed by Friedrich Hayek
Friedrich Hayek
Friedrich August Hayek CH , born in Austria-Hungary as Friedrich August von Hayek, was an economist and philosopher best known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought...
in 1945 in The Road to Serfdom
The Road to Serfdom
The Road to Serfdom is a book written by the Austrian-born economist and philosopher Friedrich von Hayek between 1940–1943, in which he "warned of the danger of tyranny that inevitably results from government control of economic decision-making through central planning," and in which he argues...
. His line of thought was close to the ordoliberal
Ordoliberalism
Ordoliberalism is a school of liberalism that emphasised the need for the state to ensure that the free market produces results close to its theoretical potential . The theory was developed by German economists and legal scholars such as Walter Eucken, Franz Böhm, Hans Grossmann-Doerth and Leonhard...
thesis of Wilhelm Röpke
Wilhelm Röpke
Wilhelm Röpke was Professor of Economics, first in Jena, then in Graz, Marburg, Istanbul and finally in Geneva, and the main spiritual father of the German social market economy, theorising and collaborating to organise the post-World War II economic re-awakening of the then destroyed German...
and Walter Eucken
Walter Eucken
Walter Eucken was a German economist and father of ordoliberalism. His name is closely linked with the development of the "social market economy".-Life:...
.
He is also remembered for his book The Sources of Invention (1958), written with two research assistants, David Sawers and Richard Stillerman. It is based on 50 case studies of 19th century and 20th century technological innovations and is considered a pioneering study in the economics of innovation.
He was president of the Mont Pelerin Society
Mont Pelerin Society
The Mont Pelerin Society is an international organization composed of economists , philosophers, historians, intellectuals, business leaders, and others who favour classical liberalism...
from 1962 to 1964.