Bradley Prize recipient Arnold C. Harberger is a distinguished professor of economics at the University of California-Los Angeles and the Gustavus F. and Ann M. Swift Distinguished Service Professor Emeritus at The University of Chicago, where he taught from 1953 to 1991. Harberger is a past president of the American Economic Association, the Western Economic Association, and the Society for Cost-Benefit Analysis. He has been a policy consultant to many foreign governments, international financial organizations, and foundations. Since 2006, he has been chief economic advisor to the United States Agency for International Development, with which he has worked since its inception in 1961.
A tireless advocate for thoughtful economic analysis of policy questions, Harberger is widely recognized as one of the founders of modern public-finance economics. His pathbreaking research in the fields of taxation, the welfare cost of monopoly, economic development, and international economics has influenced entire generations of public economists.
Harberger has devoted much of his career to training students who later went on to hold high-ranking positions in their respective countries and implemented important pro-growth economic reforms. He is best known for leading “the Chicago Boys,” a group of students with connections to The University of Chicago who introduced market discipline and market institutions in Chile during the 1970s.
Harberger has received many awards honoring both his intellectual and policy-oriented accomplishments. In 2000, he was presented the Carlos Diaz-Alejandro Prize for excellence in “the economic analysis of issues relevant to Latin America.” In 2001, he was the recipient of the National Tax Association’s Daniel M. Holland Medal for “outstanding contributions to the study and practice of public finance.”
Professor Harberger received his Ph.D. from The University of Chicago. He has also received honorary doctoral degrees from a number of universities throughout Latin America.