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Dr.

Glenn C. Loury

Brown University
Economist; Educator
Area
Social and Behavioral Sciences
Specialty
Economics
Elected
2000
Director, Institute for Race and Social Division. Known for participation in policy debates on the economics and politics of race and affirmative action; theoretical research in industrial organization, public finance and resource economics; work on income distribution and microlending in less developed countries. Introduced the concept of social capital to economic analysis, modeled rigorously the effects of intra-family resource transfers on social mobility, and extended the theory of discrimination to incorporate the notion of rational, self-fulfiling stereotypes.
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