The Gustavus F. and Ann M. Swift Distinguished Service Professor Emeritus in Economics (at Chicago since 1953).
Ph.D., University of Chicago, 1950.
Recent Research
The inflation syndrome; distributional weights, basic needs and other systematic ways of incorporating non-economic considerations into economic analysis, taxation and international capital flows; international comparisons of rates of return to capital.
Fellow, Econometric Society, 1967; Member, American Academy of Arts and Sciences, 1972; Member, National Academy of Sciences, 1992; President, American Economic Association, 1997-8; Bradley Prize for Outstanding Achievement, 2009.
