| | 1 | Name: | Dr. Abram Bergson | | | Institution: | Harvard University | | | Year Elected: | 1965 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1914 | | | Death Date: | April 23, 2003 | | | | |
| 2 | Name: | Dr. John T. Dunlop | | | Institution: | Harvard University | | | Year Elected: | 1972 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1914 | | | Death Date: | October 2, 2003 | | | | |
| 3 | Name: | Dr. Martin Feldstein | | | Institution: | Harvard University & National Bureau of Economic Research | | | Year Elected: | 1989 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1939 | | | Death Date: | June 11, 2019 | | | | | | |
Martin Feldstein was George F. Baker Professor of Economics at Harvard University and President and president emeritus of the National Bureau of Economic Research. From 1982 through 1984, he was Chairman of the Council of Economic Advisers and President Ronald Reagan's chief economic adviser. He was known for his contributions toward the analysis of taxation and social insurance. A Corresponding Fellow of the British Academy, a Fellow of the Econometric Society and a Fellow of the National Association of Business Economists, Dr. Feldstein served as President of the American Economic Association in 2004 and was also a member of the Trilateral Commission, the Council on Foreign Relations, the Group of 30 and the American Academy of Arts & Sciences. In 1977, he received the John Bates Clark Medal of the American Economic Association, a prize awarded every two years to the economist under the age of 40 who is judged to have made the greatest contribution to economic science. He was the author of more than 300 research articles in economics, director of three corporations (American International Group; HCA; and Eli Lilly), and a regular contributor to the Wall Street Journal. Born in 1939, he attended Harvard College and Oxford University. Martin Feldstein died June 11, 2019 in Boston, Massachusetts at the age of 79. | |
| 4 | Name: | Dr. John Kenneth Galbraith | | | Institution: | Harvard University | | | Year Elected: | 1980 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1908 | | | Death Date: | April 30, 2006 | | | | |
| 5 | Name: | Dr. Claudia Goldin | | | Institution: | Harvard University | | | Year Elected: | 2015 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Living
| | | Birth Date: | 1946 | | | | | | |
Claudia Goldin has made fundamental contributions to our understanding of labor market discrimination, gender roles in employment, the roles of education and health as major components of human capital and the role of human capital in economic growth. She has argued that it is difficult to rationalize occupational sex segregation and wage discrimination in terms of men’s taste for distance from women; instead she constructs a “pollution” model of discrimination in which a new female hire may reduce the prestige of a previously all male occupation. According to the model, occupations requiring productivity above the female median will tend to be segregated, while those below the median will tend to be integrated. In her analysis of the economic slowdown in the U.S. in the 1970s she finds that rising levels of inequality at the end of the 20th century was the root of the problem, not slow productivity growth or economic convergence between nations. In the U.S. educational system, she finds that the virtues characterizing it in the early 20th century may now be considered vices, in that the system that created social mobility now is beset by a lack of standards. In all her work she has illuminated fundamental questions of economic and social development. She won the Erwin Plein Nemmers Prize in Economics "for her groundbreaking insights into the history of the American economy, the evolution of gender roles and the interplay of technology, human capital and labor markets" in 2020. | |
| 6 | Name: | Dr. George C. Homans | | | Institution: | Harvard University | | | Year Elected: | 1964 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1910 | | | Death Date: | 5/29/89 | | | | |
| 7 | Name: | 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. | |
| 8 | Name: | Dr. David I. Laibson | | | Institution: | Harvard University; National Institutes of Health | | | Year Elected: | 2022 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Living
| | | Birth Date: | 1966 | | | | | | |
David Laibson is the Robert I. Goldman Professor of Economics, the Faculty Dean of Lowell House, and leader of the Foundations of Human Behavior Initiative at Harvard University. He has spent the majority of his career at Harvard, including as Harvard College Professor from 2008 to 2013, and chair of the Department of Economics from 2015 to 2018. He earned his Ph.D. from the Massachusetts Institute of Technology in 1994.
Laibsonʼs research focuses on the topic of behavioral economics, with emphasis on intertemporal choice, self-regulation, behavior change, household finance, public finance, macroeconomics, asset pricing, aging, and biosocial science. Laibson is a member of the National Bureau of Economic Research, where he directs the National Institute of Aging Roybal Center for Behavior Change in Health and Savings, and is a Research Associate in the Aging, Asset Pricing, and Economic Fluctuations Working Groups. He serves on Harvardʼs Pension Investment Committee and on the Board of the Russell Sage Foundation, where he chairs the finance committee. Laibson serves on the advisory boards of the Social Science Genetics Association Consortium and the Consumer Finance Institute of the Federal Reserve Bank of Philadelphia. Laibson has served as a member of the Academic Research Council of the Consumer Financial Protection Bureau.
Laibson is a recipient of a Marshall Scholarship, a two-time recipient of the TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, and a recipient of Harvardʼs ΦΒΚ Prize. He is a fellow of the Econometric Society, and a member of both the American Academy of Arts & Sciences and the National Academy of Sciences. He was elected a member of the American Philosophical Society in 2022. | |
| 9 | Name: | Dr. Edward S. Mason | | | Institution: | Harvard University | | | Year Elected: | 1954 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1899 | | | Death Date: | 2/29/92 | | | | |
| 10 | Name: | Dr. Dwight Heald Perkins | | | Institution: | Harvard University | | | Year Elected: | 2002 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Living
| | | Birth Date: | 1934 | | | | | | |
Dwight Perkins received a Ph.D. from Harvard University in 1964 and went on to spend his entire career there, serving as professor of Modern China Studies, professor of economics, and director of the Harvard Institute for International Development. Currently the Harold Hitchings Burbank Research Professor of Political Economy, Dr. Perkins is a leading scholar on the economics of China. He also deals often with Vietnam, Korea, and other Asian economies. He has served as advisor on Asian Affairs (especially China) to U.S. political leaders and has developed a deep appreciation of economic and broader social issues throughout Asia. Possessing Chinese language skills, he is also a fine analytical economist and has a keen sense of Asian culture and history. The period in which he directed Harvard's well known Institute for International Development is recognized as a highly successful one. Dr. Perkins is the author of Market Control and Planning in Communist China (1966); Agricultural Development in China, 1368-1968 (1969); China: Asia's Next Economic Giant? (1986); "Completing China's Move to the Market," Journal of Economic Perspectives (1994); "Reforming the Economic Systems of Vietnam and Laos," The Challenge of Reform in Indochina (editor Borjie Ljungren, 1993); (with J. Stern, et al) Industrialization and the State: Korea's Heavy and Chemical Industry Drive (1995); (with Li-Min Hsueh and Chen-Kuo Hsu) Industrialization and the State: Taiwan's Development Experience, 1950-1998 (2001); and (with David Lindauer and Steven Radelet) Economics of Development (6th edition, 2006). He is a trustee of the China Medical Board, New York, and director of the National Committee on U.S.-China Relations. Dr. Perkins was elected a member of the American Philosophical Society in 2002. | |
| 11 | Name: | Dr. Henry Rosovsky | | | Institution: | Harvard University | | | Year Elected: | 1987 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Deceased
| | | Birth Date: | 1927 | | | Death Date: | November 11, 2022 | | | | | | |
Currently Lewis P. and Linda L. Geyser University Professor Emeritus, Henry Rosovsky has been affiliated with Harvard University since 1965, both as a professor and dean of arts and sciences (1973-84). Noted for his expertise in economics, particularly on the economic development of Japan, Dr. Rosovsky has also undertaken important writing on the role of universities and the importance of the liberal arts in education. He is the author of books such as Japanese Economic Growth (1973), Capital Formation in Japan, 1868-1940 (1981) and The University An Owner's Manual (1990). He has also served as the co-chair of the UNESCO World Bank Task Force on Higher Education and Society. A member of the American Academy of Arts & Sciences and a Chevalier of the Legion of Honour, Dr. Rosovsky is the recipient of awards such as the Encyclopedia Brittanica's Achievement in Life Award and the DuBois Medal in African-American Studies. | |
| 12 | Name: | Dr. Emma Rothschild | | | Institution: | Harvard University | | | Year Elected: | 2002 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | International | | | Living? : |
Living
| | | Birth Date: | 1948 | | | | | | |
Emma Rothschild received an M.A. at Oxford University in 1967 and was associate professor of humanities and associate professor of science, technology and society at Massachusetts Institute of Technology for ten years. She was a Fellow of King's College in Cambridge and the director of its Centre for History and Economics 1991-2007. She moved to Harvard University in the summer of 2007 where she is now a professor of history. Among the leading historians of the Enlightenment, Dr. Rothschild's scholarly work focuses on the history of European economic ideas. She established herself as one of the most important writers on economics and technology when she published her first book, Paradise Lost: The Decline of the Auto-Industrial Age (1973), in which she foretold the decline of the American auto industry by tracking the history of its rise and fall. Dr. Rothschild's other books include Science and Technology in the New Socio-Economic Context (1981) and Economic Sentiments: Adam Smith, Condorcet and the Enlightenment (2001). In the latter, which established her as one of the leading historians of the Enlightenment period, Dr. Rothschild explored misunderstandings of early and modern theorists of free trade with regard to the belief that economic order would arise out of an unregulated environment. More than many other scholars of economic thought, she has shown the wide range of ideas that Smith produced, revealing the many sides of his analysis of the world economy. Over the last 25 years Dr. Rothschild has served on numerous boards and committees in academia, research, and public policy in the United Kingdom and the world at large. She is also co-editor of The Rise and Fall of Historical Political Economy. Her current projects include a short book on anxiety and colonial administration in France; "The Inner Life of Empires," about an adventurous family in 18th-century Scotland; and a book about the East India Company and the American Revolution. Emma Rothschild was elected a member of the American Philosophical Society in 2002. | |
| 13 | Name: | Dr. Amartya Kumar Sen | | | Institution: | Harvard University | | | Year Elected: | 1997 | | | Class: | 3. Social Sciences | | | Subdivision: | 302. Economics | | | Residency: | Resident | | | Living? : |
Living
| | | Birth Date: | 1933 | | | | | | |
Amartya Sen is Lamont University Professor at Harvard University and was until recently the Master of Trinity College, Cambridge. In 1998 he received the Nobel Prize in Economics for his "contributions to welfare economics." Educated at Presidency College in Calcutta and at Trinity College, Dr. Sen served as Professor of Economics at Delhi University and at the London School of Economics as well as Drummond Professor of Political Economy at Oxford University. He is past president of the Econometric Society, the Indian Economic Association, the American Economic Association and the International Economic Association. He is also a former president of OXFAM and continues to serve as its Honorary Advisory. Professor Sen's work ranges over a number of fields in economics, philosophy, and decision theory, including social choice theory, welfare economics, theory of measurement, development economics, moral and political philosophy, and the economics of peace and war. Amartya Sen's books include Collective Choice and Social Welfare (1970), On Economic Inequality (1973, 1997), Poverty and Famines (1981), Choice, Welfare and Measurement (1982), Resources, Values and Development (1984), On Ethics and Economics (1987), The Standard of Living (1987) Inequality Reexamined (1992), and Development as Freedom (1999). Rationality and Freedom (2004) was followed by a companion volume, Freedom and Justice. In 2009, he published The Idea of Justice, in 2013 An Uncertain Glory, and in 2016 The Country of the First Boys. In addition to the Nobel Prize, Professor Sen's work has been recognized with the "Bharat Ratna" (the highest honor awarded by the President of India), the Edinburgh Medal, the Eisenhower Medal, the National Humanities Medal (2011), the inaugural John Maynard Keynes Prize (2015), and the Johan Skytte Prize in Political Science (2017). Amartya Sen was elected to the American Philosophical Society in 1997. | |
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