Thomas Sargent

Thomas J. Sargent is the first W.R. Berkley Professor at New York University, a joint appointment by the Economics Departments at NYU’s Faculty of Arts and Sciences and the Stern School of Business. Until he joined NYU in September 2002, Professor Sargent was the Donald Lucas Professor of Economics at Stanford University and a Senior Fellow at the Hoover Institution. Professor Sargent earned his Bachelor of Arts degree at the University of California at Berkeley, where he was elected to Phi Beta Kappa and was the University Medalist as Most Distinguished Scholar in the Class of 1964. He received his Doctor of Philosophy degree from Harvard University in 1968, and served as a First Lieutenant and Captain in the U.S. Army from 1968 to 1969. A Professor of Economics at the University of Minnesota from 1975 to 1987 when he joined the Hoover Institution at Stanford University, Professor Sargent is an adviser to the Federal Reserve Bank of Minneapolis and a Research Associate for the National Bureau of Economic Research. He has been a member of the Brookings Panel on Economic Activity and was a Ford Foundation Visiting Research Professor of Economics at the University of Chicago. He was awarded the Mary Elizabeth Morgan Prize for Excellence in Economics from the University of Chicago in 1979, and the Erwin Nemmers Prize for Economics by Northwestern University in 1996. Professor Sargent was elected a fellow of the National Academy of Sciences and a fellow of the American Academy of Arts and Sciences, both in 1983. He is past President of the Society for Economic Dynamics and former Vice President of the American Economic Association. Professor Sargent is the author of a number of books, including: Recursive Macroeconomic Theory (with Lars Ljungqvist), MIT Press, 2000; The Big Problem of Small Change, (with Francois Velde), Princeton University Press, 2002; The Conquest of American Inflation, Princeton University Press, 1999; Dynamic Macroeconomic Theory, Cambridge: Harvard University Press, 1987 and Rational Expectations and Econometric Practice, (with Robert E. Lucas Jr.) Minneapolis: University of Minnesota Press, 1981.