Thomas J. Sargent

Doctor of Science

College of Liberal Arts, February 4, 2013

Thomas J. Sargent, Berkley Professor of Economics and Business at New York University (NYU) is one of the two winners of the 2011 Nobel Prize laureate in Economic Sciences. He is considered to be one of the leading scholars in economics in the world. His research has focused on developing methodological tools to analyze and implement high quality macroeconomic policies, both monetary and fiscal. He has held positions in the Economics Departments at Stanford, the University of Chicago, Harvard, Northwestern, and the University of Minnesota. He served as a faculty member in the department of economics at the University of Minnesota for 16 years (1971-1987). He is a current member of the University’s Heller-Hurwicz Economics Institute board. At NYU, he is a member of the economics departments of both Arts and Science and the Stern School of Business. His dedication to students is described as exemplary. He is an equally devoted mentor to junior colleagues. He has authored and coauthored several influential books, including Rubustness (with Lars Peter Hansen), Recursive Macroeconomic Theory (with Lars Ljungqvist), and The Big Problem of Small Change (with Francois Velde), to name a few. He is the recipient of numerous awards and honors in addition to the Nobel Prize including, twice the Erwin Plein Nemmers Prize in Economics from Northwestern University (1996-97), honorary doctorates from the Stockholm School of Economics (2003) and the European University Institute (2008), the National Academy of Sciences Award for Scientific Reviewing (2011) and the CME Group-MSRI Prize in Innovative Quantitative Applications (2011).