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.

John Bates Clark Medal Recipients

  • Shleifer smiling

    Andrei Shleifer

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

  • Jorgenson smiling

    Dale W. Jorgenson

    Ford Foundation Research Professor in Economics, 1962–63

  • McFadden smiling

    Daniel McFadden

    Visiting Associate Professor in Economics, 1966–67

  • Card smiling

    David Card

    Assistant Professor of Business Economics,1982–83

  • Fisher sitting

    Franklin M. Fisher

    Assistant Professor in Economics, 1959–60

  • Becker smiling

    Gary S. Becker (1930–2014)

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

  • Heckman posing

    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

  • Boulding looking away

    Kenneth E. Boulding (1910–1993)

    Research Associate

  • Arrow smiling

    Kenneth J. Arrow

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

  • Murphy smiling

    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

  • Klein reading papers

    Lawrence R. Klein

    Researcher in Economics, 1942–43

  • phoenix badge

    Marc Leon Nerlove

    AB'52

  • Gentzkow face

    Matthew Gentzkow

    Richard O. Ryan Professor of Economics, 2013–present; Professor of Economics and Neubauer Family Faculty Fellow, 2009–2013; Associate Professor of Economics, 2008–2009; Assistant Professor of Economics, 2004–2008; John Huizinga Faculty Fellow, 2007–2008

  • Friedman posing

    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

  • Samuelson face

    Paul A. Samuelson

    AB'35, LLD'61

  • Grossman smiling

    Sanford J. Grossman

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

  • Levitt smiling

    Steven Levitt

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

  • Griliches smiling

    Zvi Griliches (1930–1999)

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