Word: shleifer
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Today, the first student, Andrei Shleifer ’82, is a Harvard professor, one of the most widely-cited economists in the world and a winner of the John Bates Clark Medal, the biennial award given to the top economist under the age of 40. His freshman suitemate, J. Bradford DeLong ’82, is now an economist at the University of California at Berkeley who has written several influential papers on economic history and a host of macroeconomic issues, and runs one of the most popular academic blogs...
...years since Shleifer and DeLong first lived together in Weld Hall, they have collaborated on issues including trading and markets, the Great Depression, and the development of cities in America...
Former Whipple V.N. Jones Professor of Economics Andrei Shleifer ’82 is one of the most prominent economists in the world, with the most citations of any economist, according to one measure. But his career was tainted when he and various acquaintances, as well as Harvard, were sued under the False Claims Act for buying Russian stocks and short-term state bonds in violation of Harvard’s contract with the United States Agency for International Development. In 2005, a settlement was reached between the government and the defendant parties, with Harvard and Shleifer paying millions...
...Andrei Shleifer ’82 isn’t the only Harvard economics professor to have been stripped of his endowed title after allegedly getting his hands dirty...
...Shleifer, who paid a $2 million settlement but admitted no wrongdoing after the Justice Department sued him for allegedly defrauding the U.S. government, recently lost his title as the Whipple V. N. Jones Professor of Economics, apparently as part of the administration’s punishment. The change first appeared in Harvard’s online directories last Friday...