James Ball (economist)

James Ball CBE (15 July 1933 – 15 January 2018) was an English economist, a principal of the London Business School (LBS) in 1972–1984[3] and a leader in the field of econometric modelling.[2][4][5]

James Ball

CBE
Born(1933-07-15)15 July 1933[1]
Died15 January 2018(2018-01-15) (aged 84)
Academic career
InstitutionLondon Business School[2]
FieldMacroeconomics[2]
Alma mater

Work

Ball was co-creator with Lawrence Klein of the Oxford Econometric Model, which led to an "explosion" of macroeconometric forecasting.[6] He was a senior lecturer at Manchester University and Terry Burns was his research assistant.

Other positions

Ball joined the LBS in 1964 as a professor of economics after recruitment by Harold Rose, emeritus professor of finance.[3] According to the LBS Professor of Management Practice in Accounting, Sir Andrew Likierman, Ball's presence as the "king of forecasting" there greatly changed the reputation of business schools in the UK in the 1970s.[3] Ball also launched the country's first Executive MBA program of its kind in 1982 and fund-raised for the development of the Plowden building at the LBS London Campus.[3]

Ball was a trustee of The Economist newspaper.[7] He also served on the Board of Governors of the Centre for Economic Policy Research,[8] and as the Chairman of Legal & General Group in 1979–1994.[3]

Honours and awards

In June 1984 Ball was awarded a knighthood in the Queen's Birthday Honours. In 1994, the book Money, Inflation and Employment: Essays in Honour of James Ball was published to mark his contribution to the field of econometric modelling.[5]

Ball died on 15 January 2018, aged 84.[9]

References
  1. "Birthdays". The Independent. 15 July 1995.
  2. "Jim Ball". Faculty Profiles. London Business School. Retrieved 25 March 2013.
  3. "Remembering Sir James Ball". London Business School. 24 January 2018. Retrieved 29 December 2019.
  4. "BALL, JAMES". The International Academy of Management. Retrieved 25 March 2013.
  5. Holly, Sean; et al. (1994). Money, Inflation and Employment: Essays in Honour of James Ball. Edward Elgar Publishing. p. ix. ISBN 978-1852787110.
  6. Wood, John Cunningham; et al. (2005). Critical Assessments of Contemporary Economists. New York: Routledge. p. 279. ISBN 978-0415310628.
  7. Edwards, Ruth Dudley (1993). The Pursuit of Reason: The Economist, 1843–1993. Boston, Massachusetts: Harvard Business School Press. p. 950. ISBN 978-0875846088.
  8. Buiter, William H.; et al. (1985). International Economic Policy Coordination. Cambridge: Press Syndicate of the University of Cambridge. ISBN 9780521337809.
  9. "Prof. Sir James BALL". The Times (Obituary). London. 23 January 2018 – via Legacy.com.
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