Arnold Harberger

Arnold Harberger

Arnold Harberger was born 1924. Throughout his life, he has been a large influence in both academia and the real world. In terms of academia, he is currently a professor of economics at UCLA. Before that, Harberger spent 38 years at the University of Chicago, where his research contributions were mainly in the fields of public finance, cost-benefit analysis, international economics, the economics of inflation and economic policy for developing countries. Among his famous contributions are Harberger triangles.

He has a reputation as a hands-on practitioner of economics, especially known for his leadership of a group of economists known as the "Chicago Boys," so named because of their connection to the University of Chicago. The "Chicago Boys" were significant free-market reformers in Chile during the 1970s. Harberger has also held consulting positions with global organizations, including the International Monetary Fund, the Asian Development Bank and the Organization of American States. He has been a member of the National Academy of Sciences of the United States, Fellow of the Econometric Society and of the American Academy of Arts and Sciences, past president of the American Economic Association, as well as consultant to 16 foreign governments, nine U.S. government agencies and 8 international agencies and foundations.