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