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Lawrence S. Bacow

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Lawrence S. Bacow
NameLawrence S. Bacow
NationalityAmerican
Alma materMassachusetts Institute of Technology, Harvard University, Northwestern University

Lawrence S. Bacow is a renowned American economist, academic administrator, and former president of Harvard University, known for his expertise in economics of education, higher education policy, and labor economics. He has held various leadership positions at prestigious institutions, including Tufts University and Massachusetts Institute of Technology. Bacow's academic background includes degrees from Massachusetts Institute of Technology, Harvard University, and Northwestern University, where he studied under notable economists such as Robert Solow and Daniel McFadden. His research has been influenced by prominent economists like Gary Becker and Joseph Stiglitz.

Early Life and Education

Lawrence S. Bacow was born to a family of Holocaust survivors and grew up in Detroit, Michigan, where he developed an interest in economics and public policy. He pursued his undergraduate degree at Massachusetts Institute of Technology, where he was exposed to the works of Paul Samuelson and Robert Merton. Bacow then moved to Harvard University for his graduate studies, earning a master's degree in public policy from the John F. Kennedy School of Government. He later received his Ph.D. in economics from Harvard University, with a dissertation supervised by Richard Zeckhauser and Michael Spence. Bacow's academic journey was also shaped by his time at Northwestern University, where he studied under George Stigler and Milton Friedman.

Career

Bacow began his academic career as a professor of economics at Massachusetts Institute of Technology, where he taught courses on microeconomics and public finance. He later joined the faculty at Harvard University, becoming a professor of public policy at the John F. Kennedy School of Government. Bacow's research focused on education policy, labor markets, and economic development, with publications in top journals such as the American Economic Review and the Journal of Economic Perspectives. He has also served on the editorial boards of Econometrica and the Quarterly Journal of Economics, alongside notable economists like Daron Acemoglu and Abhijit Banerjee. Bacow's work has been recognized by organizations such as the National Bureau of Economic Research and the American Economic Association.

Presidency of Harvard University

In 2018, Bacow was appointed as the 29th president of Harvard University, succeeding Drew Gilpin Faust. During his tenure, he prioritized initiatives such as diversity and inclusion, sustainability, and innovation in education. Bacow has also been a strong advocate for affordability and accessibility in higher education, working closely with organizations like the College Board and the National Center for Education Statistics. His leadership has been influenced by his experience as a member of the Board of Trustees at Tufts University and his involvement with the Association of American Universities. Bacow has engaged with prominent leaders in higher education, including Michael Crow of Arizona State University and Christina Paxson of Brown University.

Other Activities and Awards

Bacow has received numerous awards for his contributions to higher education and economics, including the National Academy of Sciences' Public Welfare Medal and the American Economic Association's Distinguished Fellow Award. He has also been recognized by organizations such as the Carnegie Corporation of New York and the Ford Foundation for his work on education policy and economic development. Bacow has served on the boards of institutions like the Federal Reserve Bank of Boston and the World Economic Forum, and has participated in events such as the Davos Forum and the Aspen Ideas Festival. His work has been featured in prominent publications like the New York Times, the Wall Street Journal, and The Economist, alongside commentary from notable thinkers like Thomas Friedman and Fareed Zakaria.

Personal Life

Bacow is married to Adriane Baow, and they have two children together. He is an avid hiker and outdoorsman, and has climbed mountains such as Mount Kilimanjaro and Mount Rainier. Bacow is also a passionate advocate for social justice and human rights, and has worked with organizations like the American Civil Liberties Union and the Human Rights Campaign. His interests and hobbies have been shaped by his experiences at institutions like Yale University and the University of California, Berkeley, where he has engaged with scholars like Robert Shiller and Christine Lagarde. Bacow's personal life reflects his commitment to public service and community engagement, values that have guided his career as a leader in higher education.

Category:American economists

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