About Arthur Lewis
Sir William Arthur Lewis (23 January 1915 – 15 June 1991) was a Saint Lucian economist and the James Madison Professor of Political Economy at Princeton University. Lewis remains the only black person to have won the Nobel Memorial Prize in Economic Sciences. W. Arthur Lewis was a pioneering development economist, especially famous for his “dual-sector model” of economic development. In his 1954 paper “Economic Development with Unlimited Supplies of Labour,” he described a poor country as having two sectors: a traditional (largely agricultural) sector with surplus labor, and a modern capitalist sector. Lewis showed how surplus labor could be transferred from the traditional sector into the capitalist sector, fueling industrial growth. == Biography == Arthur Lewis was born in Castries, Saint Lucia, then still part of the British Windward Islands federal colony, the fourth of the five sons of George Ferdinand and Ida Lewis (the others being Stanley, Earl, Allen and Victor). His parents had migrated from Antigua shortly after the turn of the century. George Lewis died when Arthur was seven years old and his brothers aged from five to 17, leaving Ida to raise her five children alone. Arthur was a gifted student and was promoted two classes ahead of his age. After finishing school when he was 14 years old, Lewis worked as a clerk, while waiting to be old enough to sit the examination for a government scholarship to a British university, which would be in 1932.
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