Name Basil Yamey Role Economist | ||
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Books Art & accounting, Essays on the history of accounting People also search for Peter Thomas Bauer, K. Tucker, Brian Hindley | ||
Education University of Cape Town | ||
Basil S. Yamey, CBE (born 4 May 1919) is a South African economist. He was born in Cape Town in South Africa, and educated at the University of Cape Town. For many years he was a Professor at the London School of Economics. He was a part-time member of the Monopolies and Mergers Commission from 1966 to 1978, and author of many books and articles, including one on the economics of underdeveloped countries co-authored with Peter Thomas Bauer.
Yamey's interest in rational economic decision-making led him to study historical accounting records. Yamey rejected the claim by Werner Sombart that the double-entry bookkeeping system was a pre-condition, or at least an important stimulating factor, for the emergence of modern capitalism. Yamey combined his interest in Accounting History with his love of art (he was a trustee of the National Gallery, London from 1974 to 1981 and of the Tate Gallery, London from 1978 to 1981) in his book Art & Accounting, a richly-illustrated survey of paintings portraying commercial scenes and business-people.