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Charles Marius KENNEDY Edit Profile


Charles Marius KENNEDY, economist in the field of Economic Growth Theory and Models; Welfare Theory; Business Finance. Director, Bank Jamaica, 1963-1966.


KENNEDY, Charles Marius was born in 1923 in London, England.


Bachelor of Arts (Political, Philo, and Economics), Master of Arts University Oxford, 1942, 1948.


Assistant State, United Kingdom Prime Minister’s State Section 1942-1945. Assistant Lector, *University College London 1946-1947. Lector, Balliol College Oxford, 1947-1948.

Fellow, Praelector, Queen’s College Oxford, 1948-1961. Professor, University W. Indies, Kingston, Jamaica, 1961-1966. Professor Economics Theory, University Kent, Canterbury, 1966-1970.

Self-employed; Honorary Professor Economics Theory, University Kent, Canterbury, England, since 1970.


  • Director, Bank Jamaica, 1963-1966.


I have not worked in any settled field of specialisation but have made contributions in many areas of economic theory, including welfare economics, the macroeconomic analysis of open economies, monetary theory, growth theory and technical progress. My most widely recognised contribution has been the development of the theory of induced bias in technical progress. More recently, my interest has shifted away from mainstream economics towards business finance, especially the theory of options, warrants and convertibles.

I have made a number of contributions to the debate leading to the development of inflation accounting in the United Kingdom.