American Philosophical Society
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302. Economics[X]
1Name:  Dr. Dale W. Jorgenson
 Institution:  Harvard University
 Year Elected:  1998
 Class:  3. Social Sciences
 Subdivision:  302. Economics
 Residency:  Resident
 Living? :   Deceased
 Birth Date:  1933
 Death Date:  June 10, 2022
Dale W. Jorgenson is the Samuel W. Morris University Professor at Harvard University. He received a BA in economics from Reed College in Portland, Oregon, in 1955 and a Ph.D. in economics from Harvard in 1959. After teaching at the University of California, Berkeley, he joined the Harvard faculty in 1969 and was appointed the Frederic Eaton Abbe Professor of Economics in 1980. He served as Chairman of the Department of Economics from 1994-97. Dr. Jorgenson has been honored with membership in the American Philosophical Society (1998), the Royal Swedish Academy of Sciences (1989), the U.S. National Academy of Sciences (1978) and the American Academy of Arts & Sciences (1969). He was elected to Fellowship in the American Association for the Advancement of Science (1982), the American Statistical Association (1965), and the Econometric Society (1964). Dr. Jorgenson served as President of the American Economic Association in 2000 and was named a Distinguished Fellow of the Association in 2001. He was a Founding Member of the Board on Science, Technology, and Economic Policy of the National Research Council in 1991 and has served as Chairman of the Board since 1998. He also served as Chairman of Section 54, Economic Sciences, of the National Academy of Sciences from 2000-03 and was President of the Econometric Society in 1987. Dr. Jorgenson received the prestigious John Bates Clark Medal of the American Economic Association in 1971. This Medal is awarded every two years to an economist under forty for excellence in economic research. The citation for this award reads in part: "Dale Jorgenson has left his mark with great distinction on pure economic theory (with, for example, his work on the growth of a dual economy); and equally on statistical method (with, for example, his development of estimation methods for rational distributed lags). But he is preeminently a master of the territory between economics and statistics, where both have to be applied to the study of concrete problems. His prolonged exploration of the determinants of investment spending, whatever its ultimate lessons, will certainly long stand as one of the finest examples in the marriage of theory and practice in economics." Dr. Jorgenson has conducted groundbreaking research on information technology and economic growth, energy and the environment, tax policy and investment behavior and applied econometrics. He is the author of 241 articles in economics and the author and editor of thirty-one books. His collected papers have been published in ten volumes by The MIT Press, beginning in 1995. His most recent book, Information Technology and the American Growth Resurgence, co-authored with Mun Ho and Kevin Stiroh in 2005, represents a major effort to quantify the impact of information technology on the U.S. economy. Another volume, Lifting the Burden: Tax Reform, the Cost of Capital, and U.S. Economic Growth, co-authored with Kun-Young Yun in 2001, proposes a new approach to capital income taxation, dubbed "A Smarter Type of Tax" by The Financial Times. Sixty-five economists have collaborated with Dr. Jorgenson on published research. An important feature of his research program has been collaboration with students in economics at Berkeley and Harvard. Many of his former students are professors at leading academic institutions in the United States and abroad, and several occupy endowed chairs. Dr. Jorgenson was born in Bozeman, Montana in 1933 and attended public schools in Helena, Montana. He is married to Linda Mabus Jorgenson, who is an attorney in Cambridge, Massachusetts. Professor and Mrs. Jorgenson reside in Cambridge.
2Name:  Dr. Thomas Sowell
 Institution:  Hoover Institution
 Year Elected:  1998
 Class:  3. Social Sciences
 Subdivision:  302. Economics
 Residency:  Resident
 Living? :   Living
 Birth Date:  1930
Thomas Sowell has served as Rose and Milton Friedman Senior Fellow at Stanford University's Hoover Institution since 1995. His books Say's Law and Knowledge and Decisions are important contributions to the literature of classical economics, and he has been a pioneer in analyzing the effect of racial and ethnic differences in terms of economic theory and based on evidence from a wide range of cultures. His many writings in the area are important statements of an absolutely independent mind. In addition, he has written widely for the public as a strong defender of personal freedom, private markets and free enterprise. Dr. Sowell received his Ph.D. from the University of Chicago in 1968 and has served on the faculties of Cornell University (1965-69), Brandeis University (1969-70) and the University of California, Los Angeles (1970-72). Among his other publications are Black Education: Myths and Tragedies (1972); Ethnic America (1981); Marxism: Philosophy and Economics (1985); A Conflict of Visions (1987); The Vision of the Self-Anointed: Self-Congratulation as a Basis for Social Policy (1995); Basic Economics: A Citizen's Guide to the Economy (2000); Affirmative Action Around the World: An Empirical Study (2004); Black Rednecks and White Liberals (2005); and On Classical Economics (2006).
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