Richard Stone - Definition and Overview

Sir John Richard Nicholas Stone (August 30, 1913 - December 6, 1991) was a British economist who in 1984 received the Bank of Sweden Prize in Economic Sciences in Memory of Alfred Nobel for developing an accounting model that could be used to track economic activities on a national and, later, an international scale. He is sometimes known as the father of national income accounting.

References

• About Richard Stone (http://www.nobel-winners.com/Economics/john_richard_nicholas_stone.html)