Glenn Loury

Last updated
Glenn Loury
Glenn Loury.jpg
Born (1948-09-03) September 3, 1948 (age 73)
NationalityAmerican
Institution Brown University
Field Social economics
Alma mater Northwestern University (BA)
Massachusetts Institute of Technology (PhD)
Doctoral
advisor
Robert Solow [1]
Influences Gary Becker
Thomas Sowell
Contributions Coate-Loury model of affirmative action
Information at IDEAS / RePEc

Glenn Cartman Loury (born September 3, 1948) is an American economist, academic, and author. In 1982, at the age of 33, he became the first African American tenured professor of economics in the history of Harvard University. He is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University. [2]

Contents

Early life and education

Loury was born in the South Side of Chicago, Illinois, growing up in a redlined neighborhood. Before going to college he fathered two children, and supported them with a job in a printing plant. When he wasn't working he took classes at Southeast Junior College where he won a scholarship to study at Northwestern University. [3] [4] In 1972, he received his Bachelor of Arts in mathematics from Northwestern University. He then went on to receive his Ph.D. in economics from the Massachusetts Institute of Technology in 1976 awarded for his doctoral dissertation, titled "Essays in the Theory of the Distribution of Income", under the supervision of Robert M. Solow. [5] During the completion of his Ph.D. at MIT, he met his future wife, Linda Datcher Loury. [6]

Career

After being awarded his Ph.D., Loury became an assistant professor of economics at Northwestern University. In 1979 he moved to teach at the University of Michigan where he continued to be an assistant professor until being promoted to a Professor of Economics from 1980-1982. In 1982, at the age of 33, Loury became the first black tenured professor of economics in the history of Harvard University. [7] He moved to Harvard's Kennedy School of Government after two years, [7] feeling that the economics appointment was a mistake because he "wasn’t yet fully established as a scientist." [8]

In 1984, Loury drew the attention of critics with "A New American Dilemma", published in The New Republic , where he addressed what he terms "fundamental failures in black society" such as "the lagging academic performance of black students, the disturbingly high rate of black-on-black crime, and the alarming increase in early unwed pregnancies among blacks."

In 1987, Loury's career continued its ascent when he was selected to be the next Undersecretary of Education, a position which would have made him the second-highest-ranking black person in the Reagan administration. However, Loury withdrew from consideration on June 1, three days before being charged with assault after a "lover's quarrel" with a 23-year-old woman; she later dropped the charges. [9] Loury was later arrested for possession of cocaine. [10]

After a subsequent period of seclusion and self-reflection, Loury reemerged as a born-again Christian and described himself as a "black progressive." [11] Loury left Harvard in 1991 to go to Boston University, where he headed the Institute on Race and Social Division. In 2005, Loury left Boston University for Brown University, where he was named a professor in the Economics Department, and a research associate of the Population Studies and Training Center.

Loury's areas of study include applied microeconomic theory: welfare economics, game theory, industrial organization, natural resource economics, and the economics of income distribution. In addition to economics, he has also written extensively on the themes of racial inequality and social policy. [12] Loury testified on racial issues before the Senate Banking Committee on March 4, 2021. [13] and presented at the Benson Center Lecture Series on February 8, 2021. [14]

Loury was elected as a member of the Econometric Society in 1994, Vice President of the American Economics Society in 1997, a member of the American Academy of Arts and Sciences in 2000, and a member of the American Philosophical Society in 2011. [15] [16] [17] He was elected president of the Eastern Economics Association in 2013. Loury is a member of the Council on Foreign Relations and is a main academic contributor to the 1776 Unites project.

In June 2020, Loury published a rebuttal to a letter Brown University president Christina Paxson sent to students and alumni in response to the murder of George Floyd by a policeman. Loury questioned the purpose of Paxson's letter, saying it either "affirmed platitudes to which we can all subscribe, or, more menacingly, it asserted controversial and arguable positions as though they were axiomatic certainties." [18]

Loury hosts The Glenn Show on Bloggingheads.tv with John McWhorter, often regarding questions of race and education. [19] [ non-primary source needed ]

Personal life

Loury's wife Linda Datcher Loury died in 2011. [6] He has since remarried. [20] [ better source needed ]

Publications

Related Research Articles

Robert Solow American economist

Robert Merton Solow, GCIH is an American economist whose work on the theory of economic growth culminated in the exogenous growth model named after him. He is currently Emeritus Institute Professor of Economics at the Massachusetts Institute of Technology, where he has been a professor since 1949. He was awarded the John Bates Clark Medal in 1961, the Nobel Memorial Prize in Economic Sciences in 1987, and the Presidential Medal of Freedom in 2014. Four of his PhD students, George Akerlof, Joseph Stiglitz, Peter Diamond and William Nordhaus later received Nobel Memorial Prizes in Economic Sciences in their own right.

A color blind society, in sociology, is one in which racial classification does not affect a person's socially created opportunities. Such societies are free from differential legal or social treatment based on their race or color. A color blind society has race-neutral governmental policies that reject discrimination in any form in order to promote the goal of racial equality. This ideal was important to the Civil Rights Movement and international anti-discrimination movements of the 1950s and 1960s.

William Julius Wilson is an American sociologist. He is a professor at Harvard University and author of works on urban sociology, race and class issues. Laureate of the National Medal of Science, he served as the 80th President of the American Sociological Association, was a member of numerous national boards and commissions. He identified the importance of neighborhood effects and demonstrated how limited employment opportunities and weakened institutional resources exacerbated poverty within American inner-city neighborhoods.

Gunnar Myrdal Swedish economist

Karl Gunnar Myrdal was a Swedish economist and sociologist. In 1974, he received the Nobel Memorial Prize in Economic Sciences along with Friedrich Hayek for "their pioneering work in the theory of money and economic fluctuations and for their penetrating analysis of the interdependence of economic, social and institutional phenomena." He is best known in the United States for his study of race relations, which culminated in his book An American Dilemma: The Negro Problem and Modern Democracy. The study was influential in the 1954 landmark U.S. Supreme Court Decision Brown v. Board of Education. In Sweden, his work and political influence were important to the establishment of the Folkhemmet and the welfare state.

Patricia Hill Collins African-American scholar

Patricia Hill Collins is an American academic specializing in race, class, and gender. She is a Distinguished University Professor of Sociology Emerita at the University of Maryland, College Park. She is also the former head of the Department of African-American Studies at the University of Cincinnati, and a past President of the American Sociological Association. Collins was the 100th president of the ASA and the first African-American woman to hold this position.

Tony Atkinson British economist

Sir Anthony Barnes Atkinson was a British economist, Centennial Professor at the London School of Economics, and senior research fellow of Nuffield College, Oxford.

Alan Krueger American economist

Alan Bennett Krueger was an American economist who was the James Madison Professor of Political Economy at Princeton University and Research Associate at the National Bureau of Economic Research. He served as Assistant Secretary of the Treasury for Economic Policy, nominated by President Barack Obama, from May 2009 to October 2010, when he returned to Princeton. He was nominated in 2011 by Obama as chair of the White House Council of Economic Advisers, and served in that office from November 2011 to August 2013. He was among the 50 highest ranked economists in the world according to Research Papers in Economics.

Joe Feagin

Joe Richard Feagin is an American sociologist and social theorist who has conducted extensive research on racial and gender issues, especially in regard to the United States. He is currently the Ella C. McFadden Distinguished Professor at Texas A&M University. Feagin has taught at the University of Massachusetts, Boston, University of California, Riverside, University of Texas at Austin, University of Florida, and Texas A&M University.

Eric Maskin American Nobel laureate in economics

Eric Stark Maskin is an American economist and 2007 Nobel laureate recognized with Leonid Hurwicz and Roger Myerson "for having laid the foundations of mechanism design theory". He is the Adams University Professor and Professor of Economics and Mathematics at Harvard University.

Evelyn Seiko Nakano Glenn is a professor at the University of California, Berkeley. In addition to her teaching and research responsibilities, she served as Founding Director of the University's Center for Race and Gender (CRG), a leading U.S. academic center for the study of intersectionality among gender, race and class social groups and institutions. In June 2008, Glenn was elected President of the 15,000-member American Sociological Association. She served as President-elect during the 2008–2009 academic year, assumed her presidency at the annual ASA national convention in San Francisco in August 2009, served as President of the Association during the 2009–2010 year, and continued to serve on the ASA Governing Council as Past-president until August 2011. Her Presidential Address, given at the 2010 meetings in Atlanta, was entitled "Constructing Citizenship: Exclusion, Subordination, and Resistance", and was printed as the lead article in the American Sociological Review.

<i>White-Washing Race</i> t

White-Washing Race: The Myth of a Color-Blind Society is a 2005 book arguing that racial discrimination is still evident on contemporary American society. The book draws on the fields of sociology, political science, economics, criminology, and legal studies. The authors argue that the inequalities which prevail in America today, especially with regard to wages, income, and access to housing and health care, are the effects of either cultural or individual failures.

Christina Paxson American economist, academic and administrator

Christina Hull Paxson, is an American economist and public health expert, currently serving as the 19th President of Brown University. Previously, she was the Hughes Rogers Professor of Economics & Public Affairs at Princeton University as well as the Dean of Princeton School of Public and International Affairs.

Anthony Shorrocks British development economist

Anthony F. Shorrocks is a British development economist.

Glenn Firebaugh is an American sociologist and leading international authority on social science research methods. Currently he is the Roy C. Buck Distinguished Professor of Sociology (Emeritus) at the Pennsylvania State University. He has also held regular or visiting faculty appointments at Harvard University, Vanderbilt University, Oxford University, and the University of Michigan. Firebaugh is best known for his contributions to statistical methods and for his research on global inequality. In 2018 he received the Paul F. Lazarsfeld Award from the American Sociological Association for "a career of distinguished contributions to the field of sociological methodology." His publications are highly cited by other social scientists.

William A. Darity Jr. is an American economist and researcher. Darity's research spans economic history, development economics, and monetary theory, but the bulk of his research is devoted to inequality in the context of race. In particular, for his 2005 paper in the Journal of Economics and Finance, Darity is known as the 'founder of stratification economics.' His varied research interests have also included the African diaspora, the economics of black reparations, group-based post traumatic stress disorder, and social and economic policy as they relate to race and ethnicity.

Steven Neil Durlauf is an American social scientist and economist. He is currently Steans Professor in Educational Policy at the Harris School of Public Policy Studies at the University of Chicago. Durlauf was previously the William F. Vilas Research Professor and Kenneth J. Arrow Professor of Economics at the University of Wisconsin-Madison. As of 2021, is also a Part Time Professor at the New Economic School.

Peter Arcidiacono is an American economist and econometrician. He received his PhD from Wisconsin in 1999 and has taught at Duke University ever since. He became a fellow of the Econometric Society in 2018.

Kiminori Matsuyama is a Japanese economist. He is a professor of economics at Northwestern University and, since December 2018, the chief scientific adviser of the Tokyo Foundation for Policy Research. He is also international senior fellow at the Canon Institute of Global Studies. He was awarded the Nakahara Prize from the Japanese Economic Association in 1996 and was elected a fellow of the Econometric Society in 1999, and a fellow of the Society for the Advancement of Economic Theory in 2011.

Linda Datcher Loury was an American economist who was a Professor of Economics at Tufts University. Her work on family and neighborhood economics put her among the founders of Social Economics.

Dirk Krüger is a German economist and currently Walter H. and Leonore C. Annenberg Professor in the Social Sciences and Professor of Economics at the University of Pennsylvania. He holds a secondary appointment at the Wharton School. His research focuses on macroeconomic risk, public finance and labor economics.

References

  1. Loury, Glenn Cartman (1976). Essays in the Theory of the Distribution of Income (Ph.D.). Massachusetts Institute of Technology. hdl:1721.1/27456.
  2. "Glenn Loury | Watson Institute".
  3. Angelica Spertini (2006-05-15). "Glenn C. Loury Biography" (PDF). Retrieved 2008-10-31.Cite journal requires |journal= (help)
  4. "Biography of Glenn C. Loury" (PDF).
  5. Loury, Glenn Cartman (1976). Essays in the theory of the distribution of income (Thesis). Massachusetts Institute of Technology. hdl:1721.1/27456.
  6. 1 2 Marquard, Bryan (October 2, 2011). "Linda Datcher Loury, 59, pioneer in social economics" via The Boston Globe.
  7. 1 2 "Glenn Loury's About Face". The New York Times . 20 January 2002. Retrieved 2016-08-27.
  8. "'Affirmative Action is Not About Equality. It's About Covering Ass.'". 2019-06-17.
  9. "Harvard Teacher is Free of Charge". The New York Times . 20 August 1987. Retrieved 2009-07-27.
  10. "Harvard Teacher Faces Drug Charges in Boston". The New York Times . 3 December 1987. Retrieved 2020-06-05.
  11. Robert Boynton (1 May 1995). "Loury's Exodus: A profile of Glenn Loury". The New Yorker . Retrieved 2008-10-31.
  12. "Glenn Loury, Brown University Population Studies and Training Center".
  13. Loury, Glenn (March 4, 2021). "A Formula for Tyranny and More Racism". City Journal . Retrieved March 13, 2021.
  14. "Unspeakable Truths About Racial Inequality in America".
  15. "Fellows of the Econometric Society 1950 to 2019". The Econometric Society. Retrieved 2020-05-16.
  16. "Glenn C. Loury". American Academy of Arts & Sciences. Retrieved 2020-05-16.
  17. "APS Member History". search.amphilsoc.org. Retrieved 2020-05-16.
  18. "I Must Object".
  19. "The Glenn Show". Bloggingheads.tv. Retrieved 2020-09-26.
  20. "Chronicling the Race." The Glenn Show from Bloggingheads.tv. 2020. See last two minutes of video.