Basil Yamey - Place of Birth, Date of Birth, Age, Wiki, Facts, Net Worth, Birthday, Biography and Family

Basil Yamey, Date of Birth, Place of Birth, Family, Facts, Age, Net Worth, Biography and More in FamedBorn.com


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May 05, 1919 105 years old

South African economist

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About Basil Yamey

  • Basil S.
  • Yamey, CBE (born 4 May 1919) is a South African economist.
  • He was born in Cape Town in South Africa, and educated at the University of Cape Town.
  • For many years he was a Professor at the London School of Economics.
  • He was a part-time member of the Monopolies and Mergers Commission from 1966 to 1978, and author of many books and articles, including one on the economics of underdeveloped countries co-authored with Peter Thomas Bauer. Yamey's interest in rational economic decision-making led him to study historical accounting records.
  • Yamey rejected the claim by Werner Sombart that the double-entry bookkeeping system was a pre-condition, or at least an important stimulating factor, for the emergence of modern capitalism.
  • Yamey combined his interest in Accounting History with his love of art (he was a trustee of the National Gallery, London from 1974 to 1981 and of the Tate Gallery, London from 1978 to 1981) in his book Art & Accounting, a richly-illustrated survey of paintings portraying commercial scenes and business-people.

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