| 1 | Name: | Dr. Glenn Cartman Loury | |
| Institution: | Brown University | ||
| Year Elected: | 2011 | ||
| Class: | 3. Social Sciences | ||
| Subdivision: | 302. Economics | ||
| Residency: | Resident | ||
| Living? : | Living | ||
| Birth Date: | 1948 | ||
Glenn Loury is an outstanding economist who has combined a track record of important and influential papers in applied economic theory with a profound commitment to the use of quantitative social science to address issues of race and inequality in America, a subject in which he is considered one of the leading intellectuals of the day. Having earned his Ph.D. from Massachusetts Institute of Technology in 1976, he has written foundational papers in many different literatures of economics. Among the subjects he has considered are the role of weak capital markets in the transmission of inequality; the role of market structure in promoting innovation; optimal taxation; exploitation of natural resources; the implications of affirmative action policies for worker and employer perceptions and decisions; the role of social capital in influencing economic behavior and outcomes; and the social and economic consequences of racial stigma. He has also been influential in terms of mentoring young economists interested in issues of race and inequality. In recognition of his work, he has won the American Book Award (1996), the Christianity Today Book Award (1996), and the John von Neumann Award (2005), and has been member of both the Council on Foreign Relations and the American Academy of Arts & Sciences (2000). His books include: One by One, From the Inside Out: Essays and Reviews on Race and Responsibility in America, 1995; The Anatomy of Racial Inequality, 2002; Race, Incarceration and American Values: The Tanner Lectures, 2008. He was elected a member of the American Philosophical Society in 2011. | |||