London School of Economics Renames Economics Building in Honor of St. Lucia’s First Nobel Prize Winner

LONDON, UK – The London School of Economics (LSE) has renamed its Economics building after St. Lucian Nobel Laureate, Sir William Arthur Lewis, the LSE’s first black academic and the United Kingdom’s first black professor.

HIGHGsho(Photo courtesy St. lucia High Commission in London)A statement issued by the St. Lucian High Commission here said that in recognition Lewis’s many achievements, “LSE Council renamed 32 Lincoln's Inn Fields, which houses the Department of Economics and associated research centers, in his honor”.

Sir Arthur won a government scholarship to study in Britain in 1933 and gained a First Class Bachelor of Commerce degree at LSE. He subsequently obtained a scholarship to continue his studies at LSE with a PhD in Industrial Economics.

Sir Arthur was a faculty member of LSE from 1938 to 1948, and became a School Reader in Colonial Economics in 1947. Sir Arthur was awarded the Nobel Prize for Economics in 1979 for “pioneering research into economic development research with particular consideration of the problems of developing countries”.

St. Lucia’s High Commissioner to the United Kingdom, Anthony Severin, who was present at the unveiling, congratulated the LSE for its decision to name the building after Sir Arthur, whom he called “a treasured son of the Saint Lucian soil”.

He also expressed gratitude to the LSE on behalf of the people of St. Lucia, for taking what he referred to as “the tangible step toward preserving the memory and legacy of Sir Arthur Lewis, and for bringing honor to his family and to the land of his birth”.

Sir Arthur was a scholar and served as an economic advisor to many international commissions and to several African, Asian and Caribbean governments..”

He published in 1954 what was to be his most influential development economics article, “Economic Development with Unlimited Supplies of Labour” introducing what came to be called the Two-Tier Dual Sector model, or the “Lewis Model”.

Sir Arthur died on June 15, 1991, in Barbados, and was buried on the grounds of Sir Arthur Lewis Community College in St Lucia. He was 76.