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

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on Fox Business: “stimulus activity is not the best way to get the economy going”

by Edward Paul Lazearvia Fox Business
Tuesday, February 25, 2014

Hoover senior fellow Edward Lazear discusses fiscal policy on Fox Business. Topics include the relationship between fiscal policy and stimulus spending and tapering quantitative easing.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on Fox Business: “the kind of growth we were thinking we would have . . . just hasn’t materialized”

by Edward Paul Lazearvia Fox Business
Tuesday, February 25, 2014

Hoover senior fellow Edward Lazear, along with Mendon Capital Advisors president Anton Shutz, discusses JP Morgan on Fox Business. Topics include deleveraging on Wall Street, the Case-Shiller Report, and JP Morgan’s cost cutting.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on Fox Business: “certainly it will cut jobs”

by Edward Paul Lazearvia Fox Business
Tuesday, February 25, 2014

Hoover senior fellow Edward Lazear discusses raising the minimum wage on Fox Business. Topics include policies to address poverty, immigration reform, and relocating to avoid high taxes.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on Fox News: “I don’t think it got the support it deserved”

by Edward Paul Lazearvia Fox News
Wednesday, February 19, 2014

Hoover senior fellow Edward Paul Lazear discusses President Bush’s proposed health care plan on Fox News. Topics include the differing costs for health care and the lack of support for Bush’s plan in 2007.

Analysis and Commentary

Bushcare

by Edward Paul Lazearvia Politico
Wednesday, February 19, 2014

The Congressional Budget Office’s warning that the Affordable Care Act will cause employment to fall by the equivalent of 2.5 million full-time workers is just the latest of Obamacare’s negative surprises. Unfortunately, House Minority Leader Nancy Pelosi’s statement that “we have to pass the bill so that you can find out what...

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on The Kudlow Report: “we haven’t really had a recovery. What we’ve had is a movement into kind of a long term stagnation”

by Edward Paul Lazearvia Kudlow Report (CNBC)
Thursday, February 6, 2014

Hoover senior fellow Edward Lazear discusses recent job numbers on CNBC’s The Kudlow Report. Topics include last month’s job report, job growth and demographics, and how the newest jobs report will impact the markets.

Myths of the Financial Crisis

by Keith Hennessey, Edward Paul Lazearvia Hoover Digest
Tuesday, January 21, 2014

The damage was done, and the worst outcomes averted, before President Bush even left office.

Debt Ceilings and Distractions

by Gary S. Becker, Edward Paul Lazearvia Hoover Digest
Tuesday, January 21, 2014

The real problem? The uncontrolled growth of federal spending.

Rice on America leading again
Analysis and Commentary

The Young, the Restless and Economic Growth

by Edward Paul Lazearvia Wall Street Journal
Sunday, December 22, 2013

Countries with a younger population have far higher rates of entrepreneurship.

Edward Lazear, the Morris Arnold and Nona Jean Cox Senior Fellow at the Hoover I

Lazear on Street Smart: “the effect if quantitative easing on the economy at this point is limited”

by Edward Paul Lazearvia Street Smart (Bloomberg Television)
Friday, December 6, 2013

Hoover senior fellow Edward P. Lazear discusses the job market on Bloomberg Television’s Street Smart. Topics include job and population growth, what it means to return to prerecession levels, and the role of the Fed.

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