John Bates Clark Medal

Since 1947, the American Economic Association has biannually awarded the John Bates Clark Medal to the economist under 40 who has made the most important contributions to economics. Among economists, the Clark Medal is generally regarded as being as important as the Nobel Memorial Prize in Economic Sciences.

Steven Levitt

Alvin H. Baum Professor of Economics, 2002–present; Professor, 1999–2002; Associate Professor, 1998–99; Assistant Professor, 1997–98

John Bates Clark Medal, 2003

steven levitt

Andrei Shleifer

Professor of Finance and Business Economics, 1989–90; Assistant Professor, 1987–89

John Bates Clark Medal, 1999

Andrei Shleife

David Card

Assistant Professor of Business Economics,1982–83

John Bates Clark Medal, 1995

david card

Sanford J. Grossman

AB'73, AM’74, PhD’75; Professor in Economics, 1981–85

John Bates Clark Medal, 1987

sanford grossman

Kevin M. Murphy

PhD'86; George J. Stigler Professor of Economics, 2002–present; Professor of Business Economics and Industrial Relations, 1989–93; Associate Professor, 1988–89; Assistant Professor, 1986–88; Lecturer, 983–86; Teaching Associate in Economics, 1982–83

John Bates Clark Medal, 1986

Kevin M. Murphy

James J. Heckman

Henry Schultz Distinguished Service Professor in Economics and Public Policy, 1995–present; Henry Schultz Professor in the Harris School of Public Policy, 1990–95, and in Economics, 1985–95; Professor in Economics, 1977–85; Associate Professor, 1973–77

John Bates Clark Medal, 1983

James J. Heckman

Daniel McFadden

Visiting Associate Professor in Economics, 1966–67

John Bates Clark Medal, 1975

daniel mcfadden

Franklin M. Fisher

Assistant Professor in Economics, 1959–60

John Bates Clark Medal, 1973

Franklin M. Fisher

Dale W. Jorgenson

Ford Foundation Research Professor in Economics, 1962–63

John Bates Clark Medal, 1971

dale jorgenson

Marc Leon Nerlove

AB'52

John Bates Clark Medal, 1969


Gary S. Becker

AM'53, PhD'55; University Professor in Economics and Sociology and University of Chicago Booth School of Business, 1970–present

John Bates Clark Medal, 1967

Gary Becker

Zvi Griliches (1930–1999)

AM'55, PhD'57; Professor in Economics, 1964–69; Associate Professor, 1960–64; Assistant Professor, 1956–59

John Bates Clark Medal, 1965

Zvi Griliches

Lawrence R. Klein

Researcher in Economics, 1942–43

John Bates Clark Medal, 1959

Lawrence R. Klein

Kenneth J. Arrow

LLD'67; Assistant Professor in Economics, 1948–49; Research Associate and Instructor, 1947–48

John Bates Clark Medal, 1957

Kenneth J. Arrow

Milton Friedman (1912–2006)

AM'33; Paul Snowden Distinguished Service Professor Emeritus, 1982–2006; Paul Snowden Distinguished Service Professor in Economics, 1962–82; Professor, 1948–62; Associate Professor, 1946–48; Research Assistant in the Social Science Research Committee, 1934–35

John Bates Clark Medal, 1951

milton friedman

Kenneth E. Boulding (1910–1993)

Research Associate

John Bates Clark Medal, 1949

kenneth boulding

Paul A. Samuelson

AB'35, LLD'61

John Bates Clark Medal, 1947

paul samuelson