Victor D. Norman
Quick Facts
LeoBiography
Victor Danielsen Norman (24 July 1946 – 20 September 2024) was a Norwegian economist, politician for the Conservative Party and newspaper columnist. He was a professor of economics at the Norwegian School of Economics (NHH) and sst chairman of the Institute for Research in Economics and Business Administration.
Early life and academia
Victor Norman was born on 24 July 1946. He earned his bachelor's degree from Yale University and his PhD from Massachusetts Institute of Technology in 1972. Among his academic advisers were Charles P. Kindleberger, Paul A. Samuelson and Jagdish N. Bhagwati.
His book co-authored with Avinash K. Dixit, Theory of International Trade: A Dual, General Equilibrium Approach, ISBN 0-521-29969-1, is an application of the microeconomic principle of duality to trade theory, which William J. Baumol has called a clear, detailed, important contribution to the academic understanding of international trade. He was appointed professor of economics at NHH in 1975.
Victor Norman served as rector at NHH from August 1999 till October 2001. He was preceded in this position by Carl Julius Norstrøm and succeeded by Per Ivar Gjærum. He is a member of the Norwegian Academy of Science and Letters.
Politics
From 19 October 2001 to 8 March 2004 he served as minister of labour and government administration in Bondevik's second cabinet. Among the issues he passed in his term was the removal of point accrual on frequent flyer programs for domestic flights and the relocation of several government agencies from Oslo to other cities and towns across Norway. His term also witnessed a scandal, called the Norman scandal, which caused him to leave office in 2004. He was accused of various wrongdoing such as having an affair with a secretary of state at the ministry and using public funds for personal use. Despite media attacks he was backed by Prime Minister Kjell Magne Bondevik, but he could deal with these attacks until 2004 when he returned to his teaching position.
Death
Norman died on 20 September 2024, at the age of 78.
