Samuel Goldman
Encyclopedia
Sir Samuel Goldman KCB (10 March 1912 - 28 July 2007) was Second Permanent Secretary at Her Majesty's Treasury and later an international banker.
He was the youngest son of Jewish immigrants. He was educated at the Davenant Foundation School and Raine's School
. His father and brothers worked in the clothing business but at the age of 17 he gained a scholarship to the London School of Economics
. His BSc in 1932 was the top first in Economics; he won the Gladstone
Memorial Prize. In 1934 he gained an MSc for a thesis titled "English Theory of Capital from a Hayekian
Viewpoint. Hayek himself approved the thesis.
He worked for Moody’s Economist Services, 1934–38, Joseph Sebag & Co., 1938–39 and the Bank of England
, 1940–47. He joined the Civil Service in 1947, first in the Central Statistical Office
then transferred to the Treasury in September 1947.
The leading priority then in the Treasury was post-war
recovery. He spent his career in the finance group until 1968, becoming Chief Statistician, 1948; Assistant Secretary, 1952; Under-Secretary, 1960 and Third Secretary, 1962. In 1968, he was appointed Second Permanent Secretary in charge of public spending, serving under both the Labour government of Harold Wilson
and the Conservative one of Edward Heath
. He was made CB
in 1963 and KCB in 1969.
Retiring in 1972, he became chairman of Henry Ansbacher Holdings and managing director of Orion Bank. He was Chairman of the Covent Garden Market Authority, 1976-81. He was among the first people to be made an honorary fellow of LSE.
His son is Anthony Goldman.
He was the youngest son of Jewish immigrants. He was educated at the Davenant Foundation School and Raine's School
Raine's Foundation School
Raine's Foundation School is a Church of England Voluntary Aided school in the London Borough of Tower Hamlets.Henry Raine, a very rich man who lived in Wapping, decided to create a school where poor children could get an education for free, so that they could go into skilled labour when they left....
. His father and brothers worked in the clothing business but at the age of 17 he gained a scholarship to the London School of Economics
London School of Economics
The London School of Economics and Political Science is a public research university specialised in the social sciences located in London, United Kingdom, and a constituent college of the federal University of London...
. His BSc in 1932 was the top first in Economics; he won the Gladstone
William Ewart Gladstone
William Ewart Gladstone FRS FSS was a British Liberal statesman. In a career lasting over sixty years, he served as Prime Minister four separate times , more than any other person. Gladstone was also Britain's oldest Prime Minister, 84 years old when he resigned for the last time...
Memorial Prize. In 1934 he gained an MSc for a thesis titled "English Theory of Capital from a Hayekian
Friedrich Hayek
Friedrich August Hayek CH , born in Austria-Hungary as Friedrich August von Hayek, was an economist and philosopher best known for his defense of classical liberalism and free-market capitalism against socialist and collectivist thought...
Viewpoint. Hayek himself approved the thesis.
He worked for Moody’s Economist Services, 1934–38, Joseph Sebag & Co., 1938–39 and the Bank of England
Bank of England
The Bank of England is the central bank of the United Kingdom and the model on which most modern central banks have been based. Established in 1694, it is the second oldest central bank in the world...
, 1940–47. He joined the Civil Service in 1947, first in the Central Statistical Office
Central Statistical Office, UK
The Central Statistical Office was a British government department charged with the collection and publication of economic statistics for the United Kingdom...
then transferred to the Treasury in September 1947.
The leading priority then in the Treasury was post-war
World War II
World War II, or the Second World War , was a global conflict lasting from 1939 to 1945, involving most of the world's nations—including all of the great powers—eventually forming two opposing military alliances: the Allies and the Axis...
recovery. He spent his career in the finance group until 1968, becoming Chief Statistician, 1948; Assistant Secretary, 1952; Under-Secretary, 1960 and Third Secretary, 1962. In 1968, he was appointed Second Permanent Secretary in charge of public spending, serving under both the Labour government of Harold Wilson
Harold Wilson
James Harold Wilson, Baron Wilson of Rievaulx, KG, OBE, FRS, FSS, PC was a British Labour Member of Parliament, Leader of the Labour Party. He was twice Prime Minister of the United Kingdom during the 1960s and 1970s, winning four general elections, including a minority government after the...
and the Conservative one of Edward Heath
Edward Heath
Sir Edward Richard George "Ted" Heath, KG, MBE, PC was a British Conservative politician who served as Prime Minister of the United Kingdom and as Leader of the Conservative Party ....
. He was made CB
Order of the Bath
The Most Honourable Order of the Bath is a British order of chivalry founded by George I on 18 May 1725. The name derives from the elaborate mediæval ceremony for creating a knight, which involved bathing as one of its elements. The knights so created were known as Knights of the Bath...
in 1963 and KCB in 1969.
Retiring in 1972, he became chairman of Henry Ansbacher Holdings and managing director of Orion Bank. He was Chairman of the Covent Garden Market Authority, 1976-81. He was among the first people to be made an honorary fellow of LSE.
His son is Anthony Goldman.