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ABF Scholar to Receive Top Alumni Award from Princeton

February 17, 2016, ABF news

James J. Heckman, an ABF Research Professor, and Henry Schultz Distinguished Service Professor in Economics at

The James Madison Medal was created by the Association of Princeton Graduate Alumni in 1973 and is presented annually to an alumnus or alumna of the graduate school who has led a distinguished career, advanced the cause of graduate education or achieved a record of outstanding public service.University of Chicago, will receive the James Madison Medal from Princeton University on Saturday, Feb. 20. Heckman earned his Ph.D. in economics from Princeton in 1971.

Heckman’s research at the ABF focuses on the economics of human development. He has directed several projects, including most notably the “Heckman Equation,” which demonstrates the value of investing in early childhood development. His research has been presented in several publications, including the American Economic Review and the Journal of Labor Economics. He co-authored the book, Global Perspectives on the Rule of Law, with ABF Research Professor and former director, Robert L. Nelson. Heckman has written several other books including Giving Kids a Fair Chance, Inequality in America: What Role for Human Capital Policies? (co-author), and The Myth of Achievement Tests(co-author).

Heckman, a Nobel laureate in economics, has served on the faculty at University of Chicago since 1973. He has been awarded several honors throughout his career, including the John Bates Clark Medal in 1983 and the Jacob Mincer Award for Lifetime Achievement from the Society of Labor Economists in 2005. In 2000, Heckman received the Nobel Prize in Economics for his work on the microeconometrics of diversity and heterogeneity, and for developing methods for public policy evaluation. He is currently an active member of the American Academy of Arts and Sciences, National Academy of Sciences, American Philosophical Society, National Academy of Education, and the editorial board of the Journal of Political Economy.

Although it is still early in the year, Heckman has been awarded several other honors for his groundbreaking research on childhood development. Heckman recently received the 2016 Dan David Prize, a top international prize for outstanding scientific, technological, cultural or social achievements. He was recognized for his contributions to “combatting poverty.” The American Academy of Political and Social Science (AAPSS) elected Heckman as one of their distinguished 2016 Fellows. The AAPSS inducts five Fellows each year, in recognition of their significant contributions to society through research and public service.

Read more about Professor Heckman’s Madison award >>

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