Glenn Loury
Encyclopedia
Glenn Cartman Loury is an American academic and author. He is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...

.

Early years

Loury was born in Chicago, Illinois. In 1972, he received his bachelor's degree
Bachelor's degree
A bachelor's degree is usually an academic degree awarded for an undergraduate course or major that generally lasts for three or four years, but can range anywhere from two to six years depending on the region of the world...

 in mathematics from Northwestern University
Northwestern University
Northwestern University is a private research university in Evanston and Chicago, Illinois, USA. Northwestern has eleven undergraduate, graduate, and professional schools offering 124 undergraduate degrees and 145 graduate and professional degrees....

. In 1976 he received his Ph.D.
Ph.D.
A Ph.D. is a Doctor of Philosophy, an academic degree.Ph.D. may also refer to:* Ph.D. , a 1980s British group*Piled Higher and Deeper, a web comic strip*PhD: Phantasy Degree, a Korean comic series* PhD Docbook renderer, an XML renderer...

 in economics from Massachusetts Institute of Technology
Massachusetts Institute of Technology
The Massachusetts Institute of Technology is a private research university located in Cambridge, Massachusetts. MIT has five schools and one college, containing a total of 32 academic departments, with a strong emphasis on scientific and technological education and research.Founded in 1861 in...

.

Career

At age 35, he was the first black
Black people
The term black people is used in systems of racial classification for humans of a dark skinned phenotype, relative to other racial groups.Different societies apply different criteria regarding who is classified as "black", and often social variables such as class, socio-economic status also plays a...

 tenure
Tenure
Tenure commonly refers to life tenure in a job and specifically to a senior academic's contractual right not to have his or her position terminated without just cause.-19th century:...

d professor of economics in the history of Harvard University
Harvard University
Harvard University is a private Ivy League university located in Cambridge, Massachusetts, United States, established in 1636 by the Massachusetts legislature. Harvard is the oldest institution of higher learning in the United States and the first corporation chartered in the country...

.

In 1984, Loury drew the attention of critics with "A New American Dilemma", published in The New Republic
The New Republic
The magazine has also published two articles concerning income inequality, largely criticizing conservative economists for their attempts to deny the existence or negative effect increasing income inequality is having on the United States...

, where he addressed what he terms "fundamental failures in black society" such as "the lagging academic performance of black students, the disturbingly high rate of black-on-black crime, and the alarming increase in early unwed pregnancies among blacks."

In 1987, Loury's career continued its ascent when he was selected to be the next Undersecretary
Undersecretary
An under secretary is an executive government official in many countries, frequently a career public servant, who typically acts as a senior administrator or second-in-command to a politically-appointed Cabinet Minister or other government official...

 of Education
United States Secretary of Education
The United States Secretary of Education is the head of the Department of Education. The Secretary is a member of the President's Cabinet, and 16th in line of United States presidential line of succession...

, a position which would have made him the second-highest-ranking black person in the Reagan
Ronald Reagan
Ronald Wilson Reagan was the 40th President of the United States , the 33rd Governor of California and, prior to that, a radio, film and television actor....

 administration. However, Loury withdrew from consideration on June 1, three days before being charged with assault after a "lover's quarrel" with a 23-year-old woman.
Loury was later arrested for possession of cocaine
Cocaine
Cocaine is a crystalline tropane alkaloid that is obtained from the leaves of the coca plant. The name comes from "coca" in addition to the alkaloid suffix -ine, forming cocaine. It is a stimulant of the central nervous system, an appetite suppressant, and a topical anesthetic...

.

Since 1987, Loury has reemerged after reclusive self-reflection as a born-again Christian and repositioned himself as a "black progressive"
Progressivism
Progressivism is an umbrella term for a political ideology advocating or favoring social, political, and economic reform or changes. Progressivism is often viewed by some conservatives, constitutionalists, and libertarians to be in opposition to conservative or reactionary ideologies.The...

.
Loury left Harvard in 1991 to go to Boston University
Boston University
Boston University is a private research university located in Boston, Massachusetts. With more than 4,000 faculty members and more than 31,000 students, Boston University is one of the largest private universities in the United States and one of Boston's largest employers...

, where he headed the Institute on Race and Social Division. In 2005, Loury left Boston University for Brown University
Brown University
Brown University is a private, Ivy League university located in Providence, Rhode Island, United States. Founded in 1764 prior to American independence from the British Empire as the College in the English Colony of Rhode Island and Providence Plantations early in the reign of King George III ,...

, where he was named a professor in the Economics Department, and a research associate of the Population Studies and Training Center.

Loury's areas of study include applied microeconomic theory
Microeconomics
Microeconomics is a branch of economics that studies the behavior of how the individual modern household and firms make decisions to allocate limited resources. Typically, it applies to markets where goods or services are being bought and sold...

: welfare economics
Welfare economics
Welfare economics is a branch of economics that uses microeconomic techniques to evaluate economic well-being, especially relative to competitive general equilibrium within an economy as to economic efficiency and the resulting income distribution associated with it...

, game theory
Game theory
Game theory is a mathematical method for analyzing calculated circumstances, such as in games, where a person’s success is based upon the choices of others...

, industrial organization
Industrial organization
Industrial organization is the field of economics that builds on the theory of the firm in examining the structure of, and boundaries between, firms and markets....

, natural resource
Natural resource
Natural resources occur naturally within environments that exist relatively undisturbed by mankind, in a natural form. A natural resource is often characterized by amounts of biodiversity and geodiversity existent in various ecosystems....

 economics, and the economics of income distribution
Income distribution
In economics, income distribution is how a nation’s total economy is distributed amongst its population.Income distribution has always been a central concern of economic theory and economic policy...

.

External links

  • Glenn Loury's webpage at Brown University
  • Transcript of interview with Brian Lamb
    Brian Lamb
    Brian Patrick Lamb is the founder and chief executive officer of C-SPAN, a television network dedicated to coverage of government proceedings and public affairs. Born and raised in Lafayette, Indiana, Lamb earned a degree from Purdue University before joining the United States Navy...

     on Booknotes
    Booknotes
    Booknotes is an American television series on the C-SPAN network hosted by Brian Lamb, which originally aired from 1989 to 2004. The format of the show is a one-hour, one-on-one interview with a non-fiction author. The series was broadcast at 8 p.m. Eastern Time each Sunday night, and was the...

  • Video interviews/discussions with Loury at bloggingheads.tv
    Bloggingheads.tv
    Bloggingheads.tv is a political, world events, philosophy, and science video blog discussion site in which the participants take part in an active back and forth conversation via webcam which is then broadcast online to viewers...

  • Why Are So Many Americans in Prison? by Loury in the Boston Review
    Boston Review
    Boston Review is a bimonthly American political and literary magazine. The magazine covers, specifically, political debates, literature, and poetry...

  • The Call of the Tribe - Loury on identity politics in the Boston Review
    Boston Review
    Boston Review is a bimonthly American political and literary magazine. The magazine covers, specifically, political debates, literature, and poetry...

The source of this article is wikipedia, the free encyclopedia.  The text of this article is licensed under the GFDL.
 
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