Early Life and Career
Born in Athens in 1904, Zolotas studied economics at the University of Athens, and later studied in Leipzig and Paris. He came from a wealthy family of goldsmiths with roots in pre-revolutionary Russia. In 1928 he became Professor of Economics at Athens University and at Aristotle University of Thessaloniki, a post he held until 1968, when he resigned in protest at the military regime which had come to power in 1967. He was a member of the Board of Directors of UNRRA in 1946 and held senior posts in the International Monetary Fund and other international organisations in 1946 and 1981.
Zolotas was director of the Bank of Greece in 1944–1945, 1955–1967 (when he resigned in protest at the regime), and 1974–1981. He published many works on Greek and international economic topics. He was a Keynesian, and was active in socialist circles with his close friend, Professor Angelos Angelopoulos. He is also famous for demonstrating the contribution of Greek language to the English vocabulary by making English speeches, as he said, "using with the exception of articles and prepositions only Greek words", to foreign audiences.
When the elections of November 1989 failed to give a majority to either the PASOK party of Andreas Papandreou or the New Democracy party of Constantine Mitsotakis, Zolotas, then aged 85, agreed to become Prime Minister at head of a non-party administration until fresh elections could be held. He stepped down after the election of April 1990 which gave Mitsotakis a narrow majority.
He was a workaholic and an avid winter swimmer, making a point of swimming every morning throughout the year even into his nineties.
His book Economic Growth and Declining Social Welfare advances the idea that in modern economic growth there is an increasing output of useless and even discomforting things, such as advertising. For that reason modern economic growth cannot be at all considered as creating conditions for further human happiness, a thesis quite in agreement with ideas by authors such as Richard Easterlin or Herman Daly.
Read more about this topic: Xenophon Zolotas
Other articles related to "early life and career, early, life":
... Williams' early career was guided, and to an extent some observers say outright dominated, by his mother, who is widely claimed as having been the driving force that led ...
... why does this area loom so large in his early work? (Leaving aside The Rescue, whose completion was repeatedly deferred till 1920, the last of the Malay novels was Lord Jim, published in 1900.) Najder ... of tropical nature and the dreariness of human life within it accorded well with the pessimistic mood of his early works." After Johannes Freiesleben, Danish master of the steamship Florida, was ... calls "the most traumatic journey of his life." After his November 1889 meeting with Thys, and before departing for the Congo, Conrad had again gone to Brussels, on 5 February 1890, where he made the ...
... Bobby Jordan was a talented toddler and by the time he was six years old, he could sing, tap dance and play the saxophone ... At the age of four, he was working in an early film version of A Christmas Carol ...
... Mineo was born in The Bronx, the son of coffin makers Josephine (née Alvisi) and Salvatore Mineo, Sr ... He was of Sicilian descent his father was born in Italy and his mother had been born in the U.S ...
Famous quotes containing the words career, early and/or life:
“I doubt that I would have taken so many leaps in my own writing or been as clear about my feminist and political commitments if I had not been anointed as early as I was. Some major form of recognition seems to have to mark a womans career for her to be able to go out on a limb without having her credentials questioned.”
—Ruth Behar (b. 1956)
“Quintilian [educational writer in Rome around A.D. 100] thought that the earliest years of the childs life were crucial. Education should start earlier than age seven, within the family. It should not be so hard as to give the child an aversion to learning. Rather, these early lessons would take the form of playthat embryonic notion of kindergarten.”
—C. John Sommerville (20th century)
“Consider his life which was valueless
In terms of employment, hotel ledgers, news files.
Consider. One bullet in ten thousand kills a man.
Ask. Was so much expenditure justified
On the death of one so young and so silly
Lying under the olive tree, O world, O death?”
—Stephen Spender (19091995)