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Abba Lerner

Abba P. Lerner
Abba Lerner.jpg
Born (1903-10-28)28 October 1903
Bessarabia, Russian Empire
Died 27 October 1982(1982-10-27) (aged 78)
Tallahassee, Florida
Nationality Moldovan-British-American
Field Economics
School or
tradition
Post-Keynesian economics
Alma mater London School of Economics
Influences Friedrich Hayek, John Maynard Keynes, Paul Samuelson, Oskar R. Lange

Abraham (Abba) Ptachya Lerner (28 October 1903 – 27 October 1982) was a Russian-born British economist. Lerner was born on 28 October 1903 in Bessarabia (Russian Empire). He grew up in a Jewish family, which emigrated to Great Britain when Lerner was three years old. Lerner grew up in London's East End, and from age sixteen, he worked as a machinist, a teacher in Hebrew schools, and as an entrepreneur.

He entered the London School of Economics in 1929 where he would study under Friedrich Hayek. A six-month stay at Cambridge in 1934–1935 brought him into contact with John Maynard Keynes. In 1937, Lerner emigrated to the United States. While in the United States, Lerner befriended his intellectual opponents Milton Friedman and Barry Goldwater.

Although Lerner never received The Sveriges Riksbank Prize in Economic Sciences in Memory of Alfred Nobel, he has been recognized as one of the greatest economists of his era. Fundamental economic "concepts, theorems and rules" were derived and/or furthered by Lerner's work throughout his academic career.

Lerner married Alice Sendak in 1930; they had twin children, Marion and Lionel, in 1932. At some point their marriage ended and Lerner ended up remarrying to Daliah Goldfarb at the age of 57.


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