Leo Chiozza Money

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Sir Leo George Chiozza Money (June 13, 1870–1944), was a British politician, journalist and author. He was born in Genoa and changed his name from Leone Giorgio Chiozza in 1903. In London, Money established himself as a journalist, becoming especially noted for his use of statistical analysis. From 1898 to 1902 he was managing editor of Henry Sell's Commercial Intelligence, a journal devoted to the cause of Free Trade, which Money further championed in his books British Trade and the Zollverein Issue (1902) and Elements of the Fiscal Problem (1903). In 1905 he published the book for which he became most famous, Riches and Poverty. This statistical analysis of the distribution of wealth in the United Kingdom proved influential and was widely quoted from by socialists, Labour politicians and trade unionists.

Money remained committed to the Liberal Party and, at the 1906 general election he became the Liberal Member of Parliament (MP) for Paddington North. He lost this seat in the January 1910 election but won East Northamptonshire in December 1910, holding the seat until the 1918 general election. He served in a number of positions during the First World War, including spells as parliamentary private secretary to David Lloyd George at the Ministry of Munitions and Parliamentary Secretary to the Ministry of Shipping. After the war he left the Liberal Party for Labour, principally over the issues of nationalisation and redistribution of wealth through taxation which Money, in contrast to most Liberals, supported. He stood as a Labour candidate for South Tottenham in the Coupon Election of 1918 and then in the Stockport by-election, 1920, but lost both contests.

He was knighted in 1915.

[edit] References

Martin Daunton, ‘Money, Sir Leo George Chiozza (1870-1944), politician and author’, Oxford Dictionary of National Biography

Parliament of the United Kingdom
Preceded by Sir John Aird	Member of Parliament for Paddington North 1906-1910	Succeeded by Arthur Strauss