Edward Paul Lazear

Morris Arnold and Nona Jean Cox Senior Fellow
Research Team: 
Awards and Honors:
American Academy of Arts and Sciences
Econometric Society (elected fellow)
American Association for the Advancement of Sciences
Society of Labor Economists
Biography: 

Edward P. Lazear is the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover Institution and the Davies Family Professor of Economics at Stanford University's Graduate School of Business. Lazear served at the White House from 2006 to 2009, where he was chairman of the President's Council of Economic Advisers. Before coming to Stanford, he taught at the University of Chicago.

Lazear has received numerous honors and prizes: among them, the 1998 Leo Melamed Biennial Prize for the best research by a business school professor, the 2004 Prize for Outstanding Contributions to Labor Economics from the Institute for the Study of Labor, and the 2006 Jacob Mincer Prize for lifetime achievement in the field of labor economics. He holds four honorary degrees, the most recent from the Copenhagen Business School (2013).

Founding editor of the Journal of Labor Economics and founder of the Society of Labor Economists, he is also an elected fellow of the American Academy of Arts and Sciences, the American Association for the Advancement of Science, the Econometric Society, and the Society of Labor Economists. He is a research associate of the National Bureau of Economic Research and was a member of the National Academy of Sciences Board on Testing and Assessment. Lazear was the first vice-president and then president of the Society of Labor Economists.

Lazear has written or edited a dozen books including Personnel Economics (MIT Press, 1995), which expands on his 1993 Wicksell Lectures. He has published more than one hundred papers in leading professional journals.

He received the Distinguished Teaching Award from Stanford University's Graduate School of Business in 1994 and the Distinguished Service Award from Stanford University in 2002.

Lazear holds AB and AM degrees from the University of California, Los Angeles, and a PhD from Harvard University.

Lazear's vitae and papers can be accessed through his personal webpage at http://faculty-gsb.stanford.edu/lazear/.

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Recent Commentary

Lazear on the economy

by Edward Paul Lazearvia Advancing a Free Society
Wednesday, August 17, 2011

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(photo credit: Emre Ayaroglu)

Analysis and Commentary

How Big Government Hurts the Average Joe

by Edward Paul Lazearvia Wall Street Journal
Friday, August 5, 2011

Job growth is very closely linked to GDP growth. If the economy is not growing, then jobs aren't being added...

How Big Government Hurts the Average Joe

by Edward Paul Lazearvia Advancing a Free Society
Friday, August 5, 2011

During the debt-ceiling debate, President Obama characterized his push for higher taxes and less aggressive budget cuts as being helpful to the middle class.

Why Can’t the Economy Create Jobs?

by Edward Paul Lazearvia Advancing a Free Society
Monday, July 11, 2011

CNBC’s Larry Kudlow interviews Ed Lazear and Laura Tyson on the employment report for June.

Lazear on Kudlow

by Edward Paul Lazearvia Advancing a Free Society
Tuesday, June 14, 2011

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The Other Jobs Indicator

by Edward Paul Lazearvia Advancing a Free Society
Friday, June 10, 2011

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Lazear on Fox Business

by Edward Paul Lazearvia Advancing a Free Society
Thursday, May 19, 2011

Jenna Lee interviews Ed Lazear on job growth and the JOLTS data on Fox News.

Analysis and Commentary

Why the Job Market Feels So Dismal

by Edward Paul Lazearvia Wall Street Journal
Monday, May 16, 2011

The number of hires is the same today as it was when we were shedding jobs at record rates...

Why the Job Market Feels So Dismal

by Edward Paul Lazearvia Advancing a Free Society
Monday, May 16, 2011

Why don't American workers feel that the labor market is on the mend? After all, the May 6 jobs report could suggest that the labor market is improving. Nonfarm employment rose by 244,000 and employment growth over the last three months is averaging over 200,000 per month.

Lazear hosts CNBC’s Squawk Box

by Edward Paul Lazearvia Advancing a Free Society
Thursday, May 5, 2011

Ed Lazear guest hosted CNBC’s Squawk Box yesterday.

Part 1:

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Part 2:

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