The efficient-market hypothesis (EMH) is a hypothesis in financial economics that states that asset prices reflect all available information. A direct implication is that it is impossible to "beat the market" consistently on a risk-adjusted basis since market prices should only react to new information.
Paul Anthony Samuelson was an American economist who was the first American to win the Nobel Memorial Prize in Economic Sciences. When awarding the prize in 1970, the Swedish Royal Academies stated that he "has done more than any other contemporary economist to raise the level of scientific analysis in economic theory".
Paul Marlor Sweezy was a Marxist economist, political activist, publisher, and founding editor of the long-running magazine Monthly Review. He is best remembered for his contributions to economic theory as one of the leading Marxian economists of the second half of the 20th century.
Andrei Shleifer is a Russian-American economist and Professor of Economics at Harvard University, where he has taught since 1991. Shleifer was awarded the biennial John Bates Clark Medal in 1999 for his seminal works in three fields: corporate finance, the economics of financial markets, and the economics of transition.
Nancy Gertner is a former United States district judge of the United States District Court for the District of Massachusetts. She assumed senior status on May 22, 2011, and retired outright from the federal bench on September 1, 2011. She is now a professor of practice at Harvard Law School.
The Antitrust Paradox is an influential 1978 book by Robert Bork that criticized the state of United States antitrust law in the 1970s. A second edition, updated to reflect substantial changes in the law, was published in 1993. Bork has credited Aaron Director as well as other economists from the University of Chicago as influences.
David Sparks Evans is an American economist specializing in antitrust and two-sided markets. He is the chairman of Global Economics, Inc., and founding editor of Competition Policy International. He teaches at the University College London, where he is the co-executive director of the Jevons Institute for Competition Law and Economics, and at the University of Chicago Law School.
Frederic Michael Scherer is an American economist and expert on industrial organization. Since 2006, he continues as a professor of economics at the JFK School of Government at Harvard University.
Jane Willis, a partner at Ropes & Gray, served as co-head of the Litigation and Enforcement practice, and then became a member of the firm's Policy Committee in 2019. She is a graduate of Phillips Exeter Academy. She received her undergraduate degree from Harvard University in Applied Mathematics in 1991, and graduated from Harvard Law School in 1994. In school, she had a reputation as a mathematical whiz, and was recruited into the MIT Blackjack Team. The book Bringing Down the House and the film 21 are based upon the team's success. Willis is portrayed as a character named "Jill" in both the book and film.
Franklin Marvin Fisher was an American economist. He taught economics at the Massachusetts Institute of Technology from 1960 to 2004.
Donald Frank Turner was an American lawyer, economist, and legal scholar known for his expertise in United States antitrust law. He was a professor at Harvard Law School from 1954 to 1979 and served as the Assistant Attorney General in charge of the Antitrust Division of the U.S. Department of Justice from 1965 to 1968.
Eleanor Martha Hadley was an American economist and policymaker. Because of her relatively rare research specialization in Japanese economics, during World War II Hadley was recruited first into OSS and then the State Department to support the United States' war effort while she was a doctoral candidate in economics at Radcliffe College. Hadley helped draft the United States' plans for dissolving zaibatsu business conglomerates as part of a planned effort to democratize Japan after the war, and she participated in implementing this economic deconcentration program when the postwar occupation brought her to Japan to work for SCAP as an economist.
William Breit (1933–2011) was an American economist, mystery novelist, and professional comedian. Breit was born in New Orleans. He received his undergraduate and master's degrees from the University of Texas and his Ph.D. from Michigan State University in 1961. He was an Assistant and associate professor of economics at Louisiana State University (1961–1965) On the recommendation of Milton Friedman he was interviewed and hired at the University of Virginia where he was Associate Professor and Professor of Economics (1965–1983). He returned to his San Antonio as the E.M. Stevens Distinguished Professor of Economics at Trinity University in 1983 and retired as the Vernon F. Taylor Distinguished Professor Emeritus in 2002. He is considered an expert in the history of economic thought and anti-trust economics. He established the Nobel Laureate Lecture Series at Trinity University and is most notable as a mystery novelist where their murder mysteries are solved by applying basic economic principles.
Margaret Scarf is an American writer, journalist, and lecturer.
Maureen Brunt was an Australian economist and academic who specialised in the field of competition law. She was Emeritus professor of Economics at Monash University.
Jesse William Markham was an American economist. Markham was best known for his work on antitrust policy, price theory and industrial organization. Markham was the Charles Edward Wilson Professor of Business Administration at Harvard Business School (HBS), and the former chief economist to the Federal Trade Commission.
Bruce Edward Stangle is an American economist who served as the chief executive officer (CEO) of Analysis Group from 1981 to 2004. He and Michael F. Koehn co-founded the management consultancy in 1981 in Boston, Massachusetts. After stepping down as chief executive Stangle continued to lead Analysis Group as chairman until 2016. He began his career as a senior economist for Arthur D. Little from 1978 to 1980.
Brigitte C. Madrian is a behavioral economist and is the ninth dean of the Marriott School of Business at Brigham Young University (BYU). She is the first woman to serve as dean and has a joint appointment in the Department of Finance and the George W. Romney Institute of Public Service and Ethics.
Anu H. Bradford is a Finnish-American author, law professor, and expert in international trade law. In 2014, she was named the Henry L. Moses Distinguished Professor of Law and International Organization at the Columbia Law School. She is the author of The Brussels Effect: How the European Union Rules the World. In 2024, she was awarded the Stein Rokkan Prize for Comparative Social Science Research for her book Digital Empires: The Global Battle to Regulate Technology.
Economic consulting is the practice of providing advanced economic, financial, and statistical analysis for use in litigation, regulatory, and commercial environments. Law firms, state institutions, and other organizations may rely on economic consultants to produce research, analyses, reports, and testimony to be used in trial. Economic consulting also deals with various matters that require data-intensive analyses, such as macroeconomics research, program evaluation, policymaking, and commercial strategies. Economic consultants are typically required to possess knowledge of statistics, econometrics, and computer programming, given the data-oriented nature of economic consulting caseworks.
