British economist Tony Thirlwall died on November 8, 2023. He was aged 82.
Thirlwall will be remembered for his enduring impact on economic understanding and progress. Hebremains an inspiration for scholars and practitioners alike.
About Tony Thirlwall
Tony Thirlwall’s legacy shines brightly as a British economist and former Professor of Applied Economics at the University of Kent.
His vast contributions traversed economic disciplines, from regional economics to the nuanced analyses of unemployment, inflation, and balance of payments theory.
Thirlwall’s dedication to growth and development economics, particularly in addressing global economic disparities, marked him as a visionary in the field.
As the author of the bestselling textbook “Economics of Development: Theory and Evidence” (Palgrave Macmillan), now in its ninth edition, he shared his profound insights with generations of students.
Beyond academia, Thirlwall served as the biographer and literary executor of Cambridge economist Nicholas Kaldor, solidifying his commitment to preserving and extending the intellectual heritage of economic thought.
Thirlwall’s Law, a cornerstone of his contributions, unveils the intricate link between a country’s long-run balance of payments equilibrium and the approximation of its national income growth.