Age, Biography and Wiki

Arthur Seldon (Abraham Margolis) was born on 29 May, 1916 in Mrs Levy's Maternity Home, Aldgate, England, is a Libertarian British economist (1916–2005). Discover Arthur Seldon's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 89 years old?

Popular As Abraham Margolis
Occupation N/A
Age 89 years old
Zodiac Sign Gemini
Born 29 May, 1916
Birthday 29 May
Birthplace Mrs Levy's Maternity Home, Aldgate, England
Date of death 11 October, 2005
Died Place N/A
Nationality

We recommend you to check the complete list of Famous People born on 29 May. He is a member of famous economist with the age 89 years old group.

Arthur Seldon Height, Weight & Measurements

At 89 years old, Arthur Seldon height not available right now. We will update Arthur Seldon's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

Physical Status
Height Not Available
Weight Not Available
Body Measurements Not Available
Eye Color Not Available
Hair Color Not Available

Who Is Arthur Seldon's Wife?

His wife is Marjory

Family
Parents Not Available
Wife Marjory
Sibling Not Available
Children Sir Anthony Seldon Peter Seldon

Arthur Seldon Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Arthur Seldon worth at the age of 89 years old? Arthur Seldon’s income source is mostly from being a successful economist. He is from . We have estimated Arthur Seldon's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
House Not Available
Cars Not Available
Source of Income economist

Arthur Seldon Social Network

Instagram
Linkedin
Twitter
Facebook
Wikipedia
Imdb

Timeline

1890

Arthur married Marjorie Audrey Willett, daughter of Wilfrid Leslie Willett(1890-1961) and Eileen Stenhouse(1892-1961) in 1948.

He continued to be involved with the Liberal Party.

1903

They came to Britain from Kiev fleeing the anti-semitic pogroms in 1903 or 1904.

Abraham was probably born at Mrs Levy's Maternity Home, Petticoat Lane, near Aldgate, London.

Masha and Pinchas Margolis were married in Kiev; he was probably born at Perioslav, a village near Kiev.

The family were very poor: Pinchas worked making caps at a Jewish immigrant's factory called Goldstein & Co, Commercial Road, Stepney and, they lived at 12 Marks Street, Aldgate.

It was not until after they moved to 13 Beeford Street, Stepney that Abraham was actually born.

1906

His oldest brother Jack was born in 1906, and a sister Bess in 1910; brothers Susman and Solly Margolis changed their names to Cecil Margolis and Sidney Margolis respectively; only Abraham changed his whole name.

His mother Masha had two brothers Ben and Morris Kopelolt who had also come to London as refugees.

1916

Arthur Seldon, (29 May 1916 – 11 October 2005) was joint founder president, with Ralph Harris, of the Institute of Economic Affairs, where he directed editorial affairs and publishing for more than thirty years.

He is the father of political author Anthony Seldon.

Arthur Seldon was born Abraham Margolis in the East End of London to Masha and Pinhas Margolis.

1918

When his parents both died in the Spanish flu pandemic of 1918, his uncle’s families took the boys in, and then sent them away to school.

Abraham was put up for adoption by a cobbler, Pinchas Slaberdain, and his wife Eva at 154 Oxford Street, Commercial Road, Stepney.

Arthur Seldon never forgot where he came from, and the intense poverty that had shaped his family's arrival in this country.

But rather than turning for help to socialism he worked hard, first at school, and then to get a tertiary education becoming self-reliant.

1924

Aged only eight he remembered cheering on the Labour candidate for Stepney in the 1924 General election campaign.

Abraham was educated at elementary school Sir Henry Raine's Grammar School.

1928

There in 1928 he was impressed by History master E J Hayward's interpretation of cottage industry's transition to capitalism.

A scholarship paid for the London School of Economics where he read Friedrich Hayek, Arnold Plant and Lionel Robbins served to deepen his interest in classical liberalism.

Friedrich Hayek's Road to Serfdom introduced him to Austrian economics.

Seldon helped found the small university's student Liberal Society.

He retained anti-fascist principles as war drew nearer.

He served with the army in North Africa and Italy during the war.

1937

Seldon wrote a first pamphlet still only 20 years of age, called "The Intellectuals and Socialism" (1937) in which he criticised the Keynesian state and its bureaucracy as "second hand dealers in ideas."

Ralph Harris was appointed General Director of the new Institute of Economic Affairs and Arthur was Editorial Adviser.

Antony, later Lord Fisher left a legacy of think tanks that he had founded all around the world.

"The State Versus Market" pamphlet was published when he was still only twenty years old, based on a book review, it explained the benefits of market competition.

Seldon joined the Liberal Party.

He was on a Committee of Enquiry chaired by Elliott Dodds into the distribution of property, exploring the idea of "ownership for all," and the effects of statist maldistribution.

In "The Drift to Corporate State" he severely criticised the corporatist industrial policy being against state monopoly.

1948

He was chairman of its committee on the elderly from 1948 to 1949.

It was an idea endorsed by the Liberal Assembly ten years earlier in 1948.

1956

Seldon was working at the Brewer's Society in 1956 when approached by Lord Grantchester to be asked if he wanted to join a new 'Think Tank' just set up by Antony Fisher on the advice of Friedrich Hayek, founder of the Chicago School of economics and champion of free market neoliberalism.

1957

In another pamphlet in 1957, the IEA published "Pensions in a Free Society" commented freely on the Liberal Beveridge Report of 1942 into founding of the state pension system.

Seldon generated editorial copy: edited recruited authors, made available titles to a wider audience.

Pamphlets were of between 10,000 and 15,000 words and as such represented a new form of political literature.

It was also Seldon's inspiration to produce series, such as Hobart Papers, Occasional Papers, and Readings etc.

1962

Seldon was also involved in the famous Orpington by-election in 1962, in which the Liberal Party gained the seat from the Conservative Party and weakened the confidence of the Macmillan administration.

A neoliberal free marketeer, he influenced the policies of Margaret Thatcher.