Richard Lipsey date of birth:
August 28, 1928
How old is Richard Lipsey?
97
Where was Richard Lipsey born?
Victoria, British Columbia
Is Richard Lipsey gay or straight?
Straight
What is Richard Lipsey's ethnicity?
White
What is Richard Lipsey nationality?
Canadian
What is Richard Lipsey's occupation?
Economist
Short Biography
Richard George Lipsey, OC FRSC (born August 28, 1928) is a Canadian academic and economist. He is best known for his work on the economics of the second-best, a theory that demonstrated that piecemeal establishing of individual first best conditions would not necessarily raise welfare in a situation in which all first best conditions could not be satisfied, an article that he co-authored with Kelvin Lancaster, a mathematical economist of high standing. He is currently Professor Emeritus of Economics at Simon Fraser University.