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Richard A. Easterlin
Born 1926
Ridgefield Park, New Jersey, United States
Nationality American
Institution University of Pennsylvania
University of Southern California
Field Econometrics, Demography, demographic economics, Economic growth, Happiness economics, Economic history
Alma mater Stevens Institute of Technology (M.E.)
University of Pennsylvania (M.A., Ph.D.)
Influences Simon Kuznets, Dorothy Thomas
Influenced Eileen Crimmins
Contributions Easterlin hypothesis, Easterlin paradox, Happiness economics

Richard Ainley Easterlin (born 1926) is University Professor and Professor of Economics at the University of Southern California.

He is a Distinguished Fellow of the American Economic Association and a Member of both the National Academy of Sciences and the American Academy of Arts and Sciences. Easterlin is also a former Guggenheim Fellow and a past president of both the Population Association of America and the Economic History Association.

Early life and education[edit]

Easterlin was born in Ridgefield Park of New Jersey in 1926.

He studied engineering at the Stevens Institute of Technology and graduated with a Master of Engineering in Mechanical Engineering with Distinction in 1945. He then completed a Master of Arts in Economics in 1949 and his Doctor of Philosophy in Economics in 1953 both at the University of Pennsylvania.

He became interested in demography and population studies through his participation as a Research Associate from 1953 to 1955 in the landmark Study of population Redistribution and Economic Growth in the United States conducted by Simon Kuznets and Dorothy Thomas.

Academic career[edit]

Whilst completing his postgraduate studies, Easterlin worked as Instructor from 1948 to 1953 at the University of Pennsylvania. After completing his Doctor of Philosophy he became an Assistant Professor of Economics from 1953 to 1956. He was also a Research Associate of the National Bureau of Economic Research from 1955 to 1956. From 1956 to 1960 he was an Associate Professor of Economics and also a Visiting Professor at Stanford University in 1960 to 1961. From 1956 to 1966 he was also a Member of the Research Staff National Bureau of Economic Research. He was then a full Professor of Economics from 1960 to 1978 and was the William R. Kenan, Jr. Professor in Economics at the University of Pennsylvania from 1978 to 1982. In 1978 he was a Visiting Professor at the University of Warwick in England. Whilst at the University of Pennsylvania, Easterlin served as the Chairman of the Department of Economics from 1958 to 1960, from 1961 to 1962 and in 1965 and 1968. He was also the Associate Dean for Budget and Planning of the University of Pennsylvania Faculty of Arts and Sciences from 1974 to 1979. He then moved to the University of Southern California in 1982 as a Professor of Economics and then University Professor since 1999.

Contributions[edit]

Easterlin is in particular known for his 1974 article "Does Economic Growth Improve the Human Lot? Some Empirical Evidence" and the Easterlin paradox which he stated there, namely that, contrary to expectation, happiness at a national level does not increase with wealth once basic needs are fulfilled. He is also known for the Easterlin hypothesis, which states that the positive relationship between income and fertility is dependent on relative income (income relative to aspirations).

Awards[edit]

He was a Fellow of the Center for Advanced Study in the Behavioral Sciences from 1970 to 1971, was elected as a Fellow of the American Academy of Arts and Sciences in 1978, was the Sherman Fairchild Distinguished Scholar at the California Institute of Technology from 1980 to 1981, was elected a Fellow of the Econometric Society in 1983, was awarded the Burlington Northern Faculty Achievement Award at the University of Southern California in 1987, was appointed to the Board of Directors as the Representative of the Economic History Association to the National Bureau of Economic Research from 1986 to 1997, was awarded the Raubenheimer Award for Teaching and Research at the University of Southern California in 1988, was selected as a Fellow of the John Simon Guggenheim Memorial Foundation from 1988 to 1989, was awarded the Irene B. Taeuber Award by the Population Association of America in 1993, received an Honorary Doctorate from Lund University in Sweden in 1998, was elected as a Member of the United States National Academy of Sciences, was awarded the Mellon Award for Excellence in Mentoring by the Center for Excellence in Teaching at the University of Southern California in 2006, was awarded the Distinguished Researcher Award by the International Society for Quality of Life Studies in 2006, was elected a Distinguished Fellow of the American Economic Association in 2006, was awarded the IZA Prize in Labor Economics from the Institute for the Study of Labor in 2009, and received the Laureate Award from the International Union for the Scientific Study of Population in 2010.[1]

Publications[edit]

Easterlin's Publications page at University of Southern California

References[edit]

  1. ^ [1] University of Southern California profile of Richard A. Easterlin

External links[edit]


Original courtesy of Wikipedia: http://en.wikipedia.org/wiki/Richard_Easterlin — Please support Wikipedia.
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204 videos foundNext > 

Richard Easterlin talks about Happiness Economics

Richard Easterlin, the father of Happiness Economics, talks to economic journalist Olaf Storbeck. Easterlin explains the origins of his discipline, the intricate ...

Richard Easterlin

Une petite vidéo de présentation sur l'économiste Richard Easterlin.

PAA in the 1970s

Professor Richard Easterlin is the PAA President in 1978, he introduces what kinds of issues and topics have changed the focus and direction of population ...

L'argent fait-il le bonheur ? - Le Chiffroscope

L'argent fait il le bonheur ? La réponse en chiffre et datas du Chiffroscope ! S'abonner à la chaîne ...

Ricard A. Easterlin - OXCEP Distinguished Speaker Lecture 2013

The Original Link: https://www.youtube.com/watch?v=-ImDcZ_UV0I OXCEP Distinguished Speaker Lecture 2013 Published on Nov 13, 2013 Professor Richard ...

Can Money Really Buy Happiness?

"Can't Buy Me Love," but what about happiness? Is there an ideal amount of money that a person can earn to live a perfectly satisfying life? Turns out yes.

C.A.G.E Economics of Happiness Roundtable.m4v

In this roundtable discussion the Dept of Economics' Prof. Andrew Oswald welcomed Prof. Richard Easterlin from the University of Southern California and Prof.

The Myth of Paying Compensation

A study of 3000 workers in Sweden reveals that a certain group of employees have a 24% higher risk of a serious heart problem. These are employees who ...

Global Environmental Health and Sustainable Development Innovation Collaborative Webinar #4

The fourth webinar in a series, co-sponsored by the Pan-American Health Organization and the Institute of Medicine's Global Environmental Health and ...

Julia Easterlin - YoungArts Singer/Songwriter Showcase

November 2013 - 5 YoungArts Alumni perform their original music to a packed house at Rockwood Music Hall in New York City. Song: Go Straight Away Written ...

204 videos foundNext > 

396 news items

Brookings Institution (blog)

Brookings Institution (blog)
Tue, 16 Jun 2015 07:10:56 -0700

Levels dropped precipitously in the initial stages of rapid growth, beginning in 1995, and slowly began to recover beginning in 2005. This trend was first identified by Richard Easterlin (the first modern economist to work on happiness). He estimates ...
 
New Zealand Herald
Mon, 15 Jun 2015 09:52:30 -0700

In the 70s, American economist and professor Richard Easterlin became known for his "happiness economics" - finding that, while the rich appeared happier, increased income did not correlate with increased happiness in the long term. Studies showed that ...
 
New York Times
Thu, 27 Sep 2012 17:49:10 -0700

Los Angeles. CHINA's new leaders, who will be anointed next month at the Communist Party's 18th National Congress in Beijing, might want to rethink the Faustian bargain their predecessors embraced some 20 years ago: namely, that social stability could ...
 
89.3 KPCC (blog)
Fri, 12 Oct 2012 15:52:30 -0700

Last year, I posted on the lead-up to the Economics prize, suggesting that maybe, perhaps, a worthy winner would be Southern California's own Richard Easterlin. Easterlin has since cropped up several more times in this blog (he's always gracious with ...
 
LaRepública.pe
Mon, 22 Jun 2015 02:33:45 -0700

Existen estudios –como el de Richard Easterlin, economista de la University of Southern California, sobre Japón, Europa y EEUU– que indican que el bienestar no necesariamente se incrementa a través del tiempo a la par con la riqueza. “Es un tema ...
 
Forbes
Sat, 04 Aug 2012 09:52:55 -0700

In the mid-1970s, economist Richard Easterlin posited, based on a pattern he observed across nations, that income boosts happiness only to a point, after which it yields no further benefit. (His paper reverberated in academic circles and helped drive ...

Semana Económica

Semana Económica
Sun, 21 Jun 2015 06:03:33 -0700

Existen estudios —como el de Richard Easterlin, economista de la University of Southern California— sobre Japón, Europa y Estados Unidos que indican que el bienestar no necesariamente se incrementa a través del tiempo a la par con la riqueza ...

Politico

Politico
Sun, 31 May 2015 17:57:44 -0700

It all goes back to the early 1970s when Richard Easterlin, an economist at the University of Southern California, looked at the spotty survey data available at the time and found that, more money made individual citizens happier but, paradoxically ...
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