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Who was Lionel Robbins?

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Lionel Robbins ( 1898-1984) was one of the leading and most influential English economists of the 20th century.

He was associated with the London School of Economics and Political Science (popularly known as LSE) for over 30 years, both as the Professor of Economics and as the Chairman of the Board of Governors.

He wrote on Wages, Inflation, the Economics of war and the History of Economic thought. However, his major work was his Essay on the Nature and Significance of Economics, in which he gave the famous definition of economics.

His Report on Higher Education (1963) became a landmark in the development of higher education in UK in the 1960s and 1970s, which led to the formation of modern British University System.

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