Allen was born in Worcester and educated at the Royal Grammar School Worcester, from which he won a scholarship to Sidney Sussex College, Cambridge. He gained a First Class Honours in Mathematics and was awarded a Wrangler scholarship.
He became a lecturer at the London School of Economics (LSE) later becoming Professor of Statistics. He wrote many papers and books on mathematical economics including the famous paper on A Reconsideration of the Theory of Value published in Economics in 1934 with Sir John Hicks. Other books include: Mathematical Analysis for Economists (1938), Statistics for Economists (1949), Mathematical Economics (1956), and Macroeconomic Theory (1967).
Allen was knighted in 1966 for his services to economics and became president of the Royal Statistical Society, who awarded him the Guy Medal in Gold in 1978. He was also treasurer of the British Academy of which he was a fellow (FBA).
Amongst his many great achievements and contributions to economics is his concept of the "partial elasticity of substitution" set out in his famous 1938 book. He was one of the first economists to use mathematics in economics and taught a whole generation of famous economists.
Allen became a fellow of Sidney Sussex, Cambridge and died in 1983.
Read more about this topic: R. G. D. Allen
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Famous quotes containing the word persons:
“The greater intellect one has, the more originality one finds in men. Ordinary persons find no difference between men.”
—Blaise Pascal (16231662)
“The general Mistake among us in the Educating of our Children, is, That in our Daughters we take Care of their Persons and neglect their Minds; in our Sons, we are so intent upon adorning their Minds, that we wholly neglect their Bodies.”
—Richard Steele (16721729)
“To suppose the soul to think, and the man not to perceive it, is, as has been said, to make two persons in one man: And if one considers well these mens way of speaking, one should be led into a suspicion that they do so. For they who tell us that the soul always thinks, do never, that I remember, say that a man always thinks.”
—John Locke (16321704)