Balogh, Thomas, Baron

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BALOGH, THOMAS, BARON (1905–1985), British economist whose main interests were planning, development, and labor economics. Born in Budapest, he worked as a Rockefeller Fellow at Harvard University, from 1928 to 1930. In 1931 he joined the economic staff of the League of Nations and settled in London, working as an economist until 1939, when he became associated with the Oxford University Institute of Statistics. From 1955 to 1960 he taught in England and in the United States. Balogh served as a consultant to various United Nations agencies and foreign governments, including India, Malta, Greece, Peru, and Turkey. In 1964 he became an economic adviser to the British Labour government under Harold Wilson. He received a life peerage in 1968. Balogh's publications include: Dollar Crisis (1949), Unequal Partners (1963), Planning for Progress (1963), and Economics of Poverty (1966). When Labour returned to office in February 1974, Balogh was appointed minister of state in the Department of Energy, a post he held until December 1975. In 1976–78 he served as chairman of the National Oil Corporation.

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