Professional Documents
Culture Documents
MTP Assignment
MTP Assignment
MTP Assignment
1.
I select the school of
ROBERT M.SOLOW
north africa and sicily and then for the duration of the
guide and friend and who taught him the spirit and sub-
input-output model.
Trevor Winchester Swan (1918-1989), economist, was born on 14 January 1918 at Marrickville,
Sydney, third child of Sydney-born George Henry Swan, mechanical fitter, and his wife Clara Ellison,
née Grant. Educated at Canterbury Boys’ High School (dux 1935), Trevor enrolled part time at
the University of Sydney (B.Ec., 1940) while working at the Rural Bank of New South Wales. He
gained first-class honours and the university medal in economics. An assistant-lecturer (1940-42),
he published articles in the Economic Record—in 1940 on Australian war finance and in 1941 on the
interest-rate controversy. He was strongly influenced by John Maynard (Baron) Keynes’s ability to
integrate theory and policy, and by the importance that Keynes attached to macro-economic
management. Later, as the focus in economics moved from short-term stabilisation to long-term
growth, Swan became as fluent in neo-classical theory as he was in the economics of Keynes. On 27
May 1941 at St Augustine’s Church of England, Neutral Bay, he married Phyllis Mary (Pat) Grill, a
bank officer.
Moving in 1942 to the Department of War Organisation of Industry, Melbourne, Swan developed
statistical procedures for the efficient deployment of manpower and drafted key passages of the 1945
white paper on full employment
In early 1950 Swan was the chief economist in the Prime Minister’s Department, Canberra, and he
accompanied (Sir) Robert Menzies on an extensive overseas trip. That year Swan assumed the
foundation chair in the department of economics, Research School of Social
Sciences, Australian National University. He was the Irving Fisher visiting professor of economics
at Yale University, Connecticut, in 1962. Next year he presented the Alfred Marshall lectures at
the University of Cambridge. In 1975 he chaired the government’s committee on tax options and he
was a member (1975-85) of the board of the Reserve Bank of Australia.