Walt Whitman Rostow

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Walt Whitman Rostow showing President Lyndon B. Johnson a model of the Khe Sanh area, 1968
Walt Whitman Rostow showing President Lyndon B. Johnson a model of the Khe Sanh area, 1968
Walt Whitman Rostow, October 7th, 1968
Walt Whitman Rostow, October 7th, 1968

Walt Whitman Rostow (also known as Walt Rostow or W.W. Rostow) (October 7, 1916February 13, 2003) was an American economist and political theorist who served as Special Assistant for National Security Affairs to Lyndon Baines Johnson. Prominent for his role in the shaping of American policy in Southeast Asia during the 1960s, he was a staunch opponent of Communism, and was noted for a belief in the efficacy of capitalism and free enterprise. Rostow served as a major adviser on national security affairs under the John F. Kennedy and Lyndon B. Johnson administrations. He supported American military involvement in the Vietnam War. In his later years he taught at Lyndon B. Johnson School of Public Affairs at the University of Texas at Austin with his wife, Elspeth Rostow, who would later become dean of the school. He wrote extensively in defense of free enterprise economics, particularly in developing nations.

His older brother, who also held a number of high government foreign policy posts, was Eugene V. Rostow.

Walt Rostow was born in New York City to a Russian Jewish immigrant family. His name is a reference to Walt Whitman. Rostow attended Yale University, graduating at age 19 and completing Ph.D. dissertation in 1940. He also won a Rhodes Scholarship to study at Balliol College, Oxford. After completing his education he started teaching economics at Columbia University.

During World War II he served in the OSS under William Joseph Donovan. Among other tasks, he participated in selecting targets for U.S. bombardment. Rostow became Assistant Chief of the German-Austrian Economic Division in the United States Department of State in Washington, D.C., immediately after the war. From 1946 to 1947, he returned to Oxford to teach as the Harmsworth Professor of American History. Rostow became the Assistant to the Executive Secretary of the Economic Commission for Europe in 1947, and was involved in the development of the Marshall Plan.

He spent a year in 1949 at Cambridge University as the Pitt Professor of American History. Rostow was Professor of Economic History at the Massachusetts Institute of Technology from 1950 to 1961 and a staff member of the Center for International Studies, MIT, from 1951 to 1961. In 1958, he became a speechwriter for President Dwight D. Eisenhower.

In 1961, President John F. Kennedy appointed Rostow as Deputy Special Assistant to the President for National Security Affairs, reporting to McGeorge Bundy. Late in 1961, he was then appointed as counselor of the Department of State and Chairman of the Policy Planning Council, Department of State. Rostow was appointed by Johnson in May 1964 to be U.S. Member of the Inter-American Committee on the Alliance for Progress (CIAP).

In early 1966, he was named special Assistant for National Security Affairs (the post now known as National Security Advisor) where he was a main figure in developing the government's policy in the Vietnam War, and where he remained until February 1969. His pro-war and pro-free-enterprise views made him highly unpopular in the social sciences sector of the American academia that was mostly Keynesian at the time. Because of his hawkish stance, Rostow was a pariah in many academic quarters, but he flourished at the Lyndon B. Johnson School of Public Affairs at the University of Texas, where he was an emeritus professor of political economy. Rostow served as the Rex G. Baker Jr. Professor Emeritus of Political Economy. He continued to teach history and economics until his death in 2003 at the age of 86.

Rostow developed the Rostovian take-off model of economic growth, one of the major historical models of economic growth. The model argues that economic modernization occurs in five basic stages of varying length - traditional society, preconditions for take-off, take-off, drive to maturity, and high mass consumption. This became one of the important concepts in the theory of modernisation in the social evolutionism. He received the Order of the British Empire (1945), the Legion of Merit (1945), and the Presidential Medal of Freedom (1969).

[edit] Bibliography

  • "Investment and the Great Depression", 1938, Econ History Review
  • Essays on the British Economy of the Nineteenth Century, 1948.
  • "The Terms of Trade in Theory and Practice", 1950, Econ History Review
  • "The Historical Analysis of Terms of Trade", 1951, Econ History Review
  • The Process of Economic Growth, 1952.
  • "Trends in the Allocation of Resources in Secular Growth", 1955, in Dupriez, editor, Economic Progress
  • An American Policy in Asia, with R.W. Hatch, 1955.
  • "The Take-Off into Self-Sustained Growth", 1956, EJ
  • A Proposal: Key to an effective foreign policy, with M. Millikan, 1957.
  • "The Stages of Economic Growth", 1959, Econ History Review
  • The Stages of Economic Growth: A non-communist manifesto, 1960.
  • Politics and the Stages of Growth, 1971.
  • How it All Began: Origins of the modern economy, 1975.
  • The World Economy: History and prospect, 1978.
  • Why the Poor Get Richer and the Rich Slow Down: Essays in the Marshallian long period, 1980.
  • Theorists of Economic Growth from David Hume to the Present, 1990.

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Preceded by
McGeorge Bundy
United States National Security Advisor
1966–1969
Succeeded by
Henry Kissinger