Philip Walter Sawford ANDREWS
Philip Walter Sawford ANDREWS, economist. and honours Open Foundation Scholar, University College, Southampton, 1931-1934; British Association Exhibitioner, 1934; First Bley Stein Memorial Lector, University of California, Los Angeles, Calif., United States of America, 1963.
ANDREWS, Philip Walter Sawford was born in 1914 in Southampton, England.
Bachelor of Science University London External, 1934. Master of Arts University Oxford, 1944.
Andrews presented in Manu
facturing Business a ‘normal cost’ price theory (to be contrasted with ‘full cost’) which emphasised the importance of the industrial environment within which firms operate. In later work, collaborating with Elisabeth Brunner, he extended his analysis to incorporate theories of investment, retail trade and collusion, emphasising the importance of competitive forces within our oligopolistic world. Acceptance of his work was hindered by the fundamental nature of his challenge to the traditional equilibrium framework of microeconomics and by the way in which he used industrial investigations in his published work.
Though valuable applied studies, they led many to assume mistakenly that his objectives were descriptive, rather than the creation of a new positive theory of industrial economics. Assistant Lector Economics, University College, Southampton, 1935-1936. Worker Education Association (Southern District),
Research Staff, Social Studies Research Group, Oxford, 1937-1941. Lector Economics,
New College, Oxford, 1941-1948. Chief Statistics, Social Reconstruction Survey, Fellow, Nuffield College Oxford, 1941-1946,
Special University Lector Economics, University Oxford, 1951-1967. Professor of Economics, University Lancaster, 1967-1971. General Editor, 7 Ind E, 1952-1971.
Editorial Board, Oxford Economic Papers, 1948-1952.
And honours Open Foundation Scholar, University College, Southampton, 1931-1934. British Association Exhibitioner, 1934. First Bley Stein Memorial Lector, University of California, Los Angeles, Calif., United States of America, 1963.