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John Blundell (economist)

John Blundell (economist) is a science topic covered in the lgStudy science library. This page brings together a partial reference excerpt, illustrations, worked examples, real-world applications and a short study plan, so you can understand John Blundell (economist) rather than just read about it. In short: John Blundell (9 October 1952 – 22 July 2014) was a British economist who served as director general and the Ralph Harris Fellow at the Institute of Economic Affairs. Blundell was involved in the creation and development of numerous free-market think tanks.

Key takeaways

  • John Blundell (economist) belongs to science; place it in that map before memorising details.
  • Learn the definition first, then one example that makes the definition concrete.
  • Connect John Blundell (economist) to a quantity you can measure, compute or draw — that is where exam questions come from.
  • Reproduce the core statement of John Blundell (economist) from memory before moving on to harder problems.

Reference excerpt

John Blundell (9 October 1952 – 22 July 2014) was a British economist who served as director general and the Ralph Harris Fellow at the Institute of Economic Affairs. Blundell was involved in the creation and development of numerous free-market think tanks.

Early life Born in Congleton, Cheshire, on 9 October 1952, he was educated at The King's School, Macclesfield, and at the London School of Economics.

Career He headed the Press, Research and Parliamentary Liaison Office at the Federation of Small Businesses from 1977 to 1982, and was a Lambeth London Borough Councillor from 1978 to 1982. From 1982 to 1993, he lived in the United States, where he was president of the Institute for Humane Studies (1988–1991), president of the Atlas Economic Research Foundation (1987–1991), president of the board of the Congressional Schools of Virginia (1988–1992) and president of the Charles G. Koch and Claude R. Lambe Charitable Foundations (1991–1992). Blundell became director general of the Institute of Economic Affairs on 1 January 1993. Blundell served as co-founder and chairman of the Institute for Children in Boston, Massachusetts (1993–1997); founder and director of the Institute for Justice in Washington D.C. (1991–1993); international trustee of The Fraser Institute in Vancouver, British Columbia (1988–1993); and founder trustee of the Buckeye Institute in Ohio. Blundell was a director of Fairbridge and of the International Policy Network, and chairman of the Institute Development and Relations Committee on the board of Atlas Economic Research Foundation. He was also a board member of the Institute for Humane Studies at George Mason University in Fairfax, Virginia; of the Institute of Economic Studies in Paris, France; and, until 2012, of the Mont Pelerin Society.

Death Blundell died on 22 July 2014 at the age of 61.

Works Books

Female Force: Ayn Rand, with Todd Tennant and Jaymes Reed. Bluewater Productions, 2011. ISBN 978-1450749244. Government Failure, with Alan Peacock, Otmar Issing, Richard Allen Epstein, Carolyn Fairbairn, David B. Smith, Geoffrey Edward Wood, James Tooley and David Graham. London: Institute of Economic Affairs, 2003. ISBN 978-0255365475. Ladies For Liberty: Women Who Made a Difference in American History. Algora Publishing, 2011. ISBN 978-0875868660. Margaret Thatcher: A Portrait of the Iron Lady. Algora Publishing, 2008. ISBN 978-0875866314. Regulation Without the State: The Debate Continues, with Colin Robinson. London: Institute of Economic Affairs, 2000. ISBN 978-0255364836. Waging the War of Ideas. London: Institute of Economic Affairs, 2003. ISBN 978-0255365475. Articles

"Arthur Seldon CBE and the IEA". Liberty Fund, November 2013. "IHS and the Rebirth of Austrian Economics: Some Reflections on 1974–1976". The Quarterly Journal of Austrian Economics, Vol. 17, No. 1, Spring 2014, pp. 92–107.

References

External links Appearances on C-SPAN Video collection on NewMedia, Universidad Francisco Marroquín. Arthur Seldon, the Institute of Economic Affairs, and the Battle for Liberty in Britain.

Worked examples

Example 1 — a first encounter with John Blundell (economist)

Start with the simplest possible case. Write down what John Blundell (economist) claims or describes in one sentence, then invent the smallest concrete situation in which that sentence is true. In science, the smallest case is usually a single object, a single equation or a single measurement. Check that every symbol or term in your sentence has a meaning in that case.

Example 2 — changing one variable

Take the situation from Example 1 and change exactly one quantity: double it, halve it, or set it to zero. Predict what should happen to John Blundell (economist) before you calculate. Comparing your prediction with the result is the fastest way to find out whether you understand the idea or only the words.

Example 3 — an exam-style question

Typical questions about John Blundell (economist) ask you to (a) state it precisely, (b) apply it to given data, and (c) explain a limitation. Practise writing all three answers in under five minutes; the third part is what separates a full-mark answer from an average one.

Applications of John Blundell (economist)

In research
John Blundell (economist) appears in science research whenever the underlying quantities have to be modelled precisely. Papers usually cite it as a starting assumption and then explore where it breaks down.
In technology and industry
Engineering practice reuses John Blundell (economist) in design rules, simulations and safety margins. Knowing the idea lets you read a specification sheet and understand why the numbers look the way they do.
In the classroom
John Blundell (economist) is common in secondary-school and first-year university syllabi. It links to neighbouring topics 1952 births, 2014 deaths, Alumni of the London School of Economics, so understanding it makes those chapters shorter.
In everyday life
Look for John Blundell (economist) outside the textbook — in sport, cooking, traffic, electronics or the sky above you. An example you found yourself is remembered far longer than one you were given.
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How to study John Blundell (economist) in 20 minutes

  1. Read the reference excerpt below once, without taking notes.
  2. Close the page and write down what John Blundell (economist) means in your own words.
  3. Compare your version with the excerpt and mark what you missed.
  4. Work through the three examples above with pen and paper.
  5. Explain John Blundell (economist) out loud to somebody else — or to Teacher Smith in the lgStudy chat.

Frequently asked questions

What is John Blundell (economist) in simple terms?

John Blundell (9 October 1952 – 22 July 2014) was a British economist who served as director general and the Ralph Harris Fellow at the Institute of Economic Affairs. Blundell was involved in the creation and development of numerous free-market think tanks.

Why does John Blundell (economist) matter?

Because it connects several science ideas at once: it gives you a definition you can apply, a quantity you can calculate, and a way to check whether a result is plausible.

How should I study John Blundell (economist)?

Read the excerpt, restate it from memory, then work through the examples and applications listed on this page. The five-step study plan above takes about twenty minutes.

What does this page cover?

It gives you a compact reference excerpt plus original lgStudy explanations, examples, applications and study material on John Blundell (economist).

Tags

  • 1952 births
  • 2014 deaths
  • Alumni of the London School of Economics
  • Austrian School economists
  • British economists
  • Councillors in the London Borough of Lambeth
  • Members of the Mont Pelerin Society
  • People educated at The King's School, Macclesfield
  • People from Congleton

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