On this present day in 1979, Sir Lewis was collectively awarded the Nobel Memorial Prize in Economics for his work to mannequin the financial forces that affect creating international locations.
Thought of as one of many pioneers within the subject of recent improvement economics, he was additionally the primary Black school member at the London School of Economics, first Black particular person to carry a chair in a British college (at Manchester College), and the primary Black teacher to obtain full professorship at Princeton College.
Lewis was born on January 23, 1915, in Castries on the Caribbean island of St. Lucia, on the time a British colony. Regardless of going through challenges with racial discrimination, in 1932 he received a authorities scholarship and got down to research on the London College of Economics, the place he ultimately earned a doctorate in industrial economics.
He shortly ascended the ranks of academia and by 33 was a full professor—one of many highest distinctions of a tenured professor.
Within the 12 months 1954, Lewis revealed his foundational article “Financial Improvement with Limitless Provides of Labour.” Amongst many priceless accomplishments, Lewis contributed influential work to the United Nations and shared his experience as an adviser to governments in Africa, Asia, and the Caribbean.
He additionally helped set up and served as the primary president of the Caribbean Improvement Financial institution.
In honor of his lifelong achievements, the British authorities knighted Lewis in 1963.