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Edward Lazear was a renowned economist and professor at Stanford University's Graduate School of Business, holding the title of Davies Family Professor of Economics. He was also a Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution and a senior fellow at the Stanford Institute for Economic Policy Research. His career included serving as Chairman of President George W. Bush's Council of Economic Advisers from 2006 to 2009, where he played a pivotal role in addressing the 2007-2008 financial crisis. Lazear was a pioneer in labor economics, founding the field of personnel economics and authoring Personnel Economics (1995), which established this discipline. He held appointments across multiple institutions, including the University of Chicago prior to Stanford. His research spanned labor markets, immigration, productivity, and entrepreneurship, earning him widespread recognition and numerous awards.
- Education: BA and MA from UCLA, PhD in Economics from Harvard University.
- Affiliations: Hoover Institution, Stanford Institute for Economic Policy Research, Federal Reserve Bank of Minneapolis (advisor since 2017).
Lazear's legacy includes founding the Journal of Labor Economics and the Society of Labor Economists, of which he later served as president. His contributions were honored through awards such as the Jacob Mincer Prize and the Distinguished Fellow designation from the American Economic Association. A dedicated educator, he was celebrated by students and colleagues for his teaching and intellectual leadership.
