American Philosophical Society
Member History

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Resident[X]
Class
Subdivision
302. Economics[X]
1Name:  Dr. Paul Krugman
 Institution:  Woodrow Wilson School, Princeton University; The New York Times; Citu University of New York; Luxembourg Income Study
 Year Elected:  2011
 Class:  3. Social Sciences
 Subdivision:  302. Economics
 Residency:  Resident
 Living? :   Living
 Birth Date:  1953
   
 
Paul Krugman is the author or editor of more than 20 books and 200 papers in professional journals and edited volumes, including: (with E. Helpman) Market Structure and Foreign Trade: Increasing Returns, Imperfect Competition, and the International Economy, 1985; Exchange-Rate Instability, 1988; The Age of Diminished Expectations: U.S. Economic Policy in the 1990s, 1990; Rethinking International Trade, 1990; (with G. de la Dehesa, C. Taylor) The Risks Facing the World Economy, 1991; Geography and Trade, 1991; Currencies and Crises, 1992; World Savings Shortage, 1994; (with E. Graham) Foreign Direct Investment in the U.S., 1995; Peddling Prosperity: Economic Sense and Nonsense in an Age of Diminished Expectations, 1995; Development, Geography, and Economic Theory, 1995; (with G. de la Dehesa) The Self Organizing Economy, 1996; (with M. Fujita, A. Venables) The Spatial Economy: Cities, Regions and International Trade, 1999; The Return of Depression Economics, 1999; Fuzzy Math: The Essential Guide to the Bush Tax Plan, 2001; The Great Unraveling: Losing Our Way in the New Century, 2003; The Conscience of a Liberal, 2007; The Return of Depression Economics and the Crisis of 2008, 2008; End This Depression Now!, 2012. Editor: Strategic Trade Policy and the New International Economics, 1986; 1991; (with A. Smith) Empirical Studies of Strategic Trade Policy, 1994; and Currency Crises, 2000. His professional reputation rests largely on work in international trade and finance; he is one of the founders of the "new trade theory," a major rethinking of the theory of international trade. In recognition of that work, the American Economic Association awarded him its John Bates Clark medal in 1991 and in 2008 he was awarded the Nobel Memorial Prize in Economic Sciences. In 2013 he received the Four Freedoms Award in Freedom of Speech. He received his Ph.D. from MIT in 1977. His current academic research focuses on economic and currency crises. He joined the New York Times in 1999 as a columnist on the Op-Ed Page. He was elected a member of the American Academy of Arts & Sciences in 1992 and the American Philosophical Society in 2011.
 
2Name:  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.
 
Election Year
2011[X]