Glenn Loury facts for kids
Quick facts for kids
Glenn Loury
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| Born |
Glenn Cartman Loury
September 3, 1948 |
| Spouse(s) | |
| Institutions | University of Michigan Harvard University Boston University Brown University |
| Field | Social economics |
| Doctoral advisor |
Robert Solow |
| Doctoral students |
Rohini Somanathan |
| Influences | Gary Becker Thomas Sowell |
| Contributions | Coate–Loury model |
| Information at IDEAS / RePEc | |
Glenn Cartman Loury (born September 3, 1948) is an American economist, teacher, and writer. He is a professor at Brown University, where he has taught economics since 2005. When he was 33, Loury became the first African American professor of economics at Harvard University to get tenure. Tenure means a professor has a permanent job, which helps them teach and research freely.
Loury became well-known in the 1980s as a leading Black thinker with conservative ideas. Later, in the mid-1990s, he started to have more progressive views. More recently, Loury has again shown some alignment with conservative ideas in the United States. The New York Times described his political views in 2020 as "conservative-leaning."
Contents
Early Life and Education
Glenn Loury was born on September 3, 1948, in the South Side of Chicago, Illinois. He grew up in a neighborhood that had been affected by redlining. Redlining was a practice that made it hard for people in certain areas, often Black neighborhoods, to get loans or investments.
Before going to college, he worked at a printing plant to support his family. He also took classes at Southeast Junior College. There, he earned a scholarship to study at Northwestern University.
In 1972, he earned a bachelor's degree in mathematics from Northwestern University. He then went on to get his Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1976. His main teacher for his Ph.D. was Robert Solow, who later won a Nobel Prize. At MIT, he met his future wife, Linda Datcher Loury.
A Career in Economics
After finishing his Ph.D., Loury started as an assistant professor of economics at Northwestern University. In 1979, he moved to teach at the University of Michigan. He became a full professor of economics there in 1980.
In 1982, at age 33, Loury made history. He became the first Black professor of economics to receive tenure at Harvard University. After two years, he moved to Harvard's John F. Kennedy School of Government, which focuses on public policy.
In 1991, Loury left Harvard to join Boston University. There, he led the Institute on Race and Social Division. In 2005, Loury moved to Brown University. He became a professor in the Economics Department and a researcher at the Population Studies and Training Center.
Loury studies many areas of economics. These include how people make choices, how wealth is shared, and how industries are organized. Besides economics, he has written a lot about racial inequality and social policies. He has shared his knowledge on racial issues with the Senate Banking Committee and given lectures at universities.
Loury also hosts a show called The Glenn Show with John McWhorter. They often discuss topics like race and education.
Political Views and Discussions
In 2017, Loury shared that he used to be a "Reagan conservative." However, he then saw himself as a "centrist Democrat" or "mildly right-of-center Democrat." The New York Times has called him "conservative-leaning," and The Wall Street Journal described him as a "Reagan Republican."
In 2007, Loury spoke against sending more U.S. troops to Iraq.
Presidential Elections
Loury did not support Barack Obama in his 2008 presidential campaign. He continued to criticize Obama as president.
In 2016, he supported Hillary Clinton. After the 2016 United States presidential election, Loury said it was important for people to accept Donald Trump as the 45th President. He defended Donald Trump during debates with John McWhorter. During Trump's presidency, Loury doubted claims that Trump was a major threat. However, after Trump did not accept the results of the 2020 United States presidential election, Loury criticized him. Loury later blamed Trump for the 2021 United States Capitol attack but opposed efforts to remove Trump from office a second time.
Views on Race
Loury does not support reparations for slavery or affirmative action. Affirmative action is a policy that aims to help groups who have faced discrimination, like Black Americans, get opportunities in education and jobs. Loury has said that "affirmative action is not the solution, but neither is it the problem." He has also criticized it, saying it is "dishonest."
In 1984, Loury wrote an article called "A New American Dilemma." In it, he discussed what he saw as challenges within Black society. These included lower academic performance, high rates of crime within the Black community, and an increase in early pregnancies among Black women.
In June 2020, Loury responded to a letter from Brown University's president about the murder of George Floyd. Loury questioned the letter's purpose, suggesting it either stated obvious things or presented strong opinions as facts.
Immigration Views
On the topic of immigration, Loury has discussed both the good and bad sides. He noted that immigration brings benefits like cheaper labor, which helps produce goods. However, he also mentioned costs, such as increased competition for jobs, which can make it harder for some Americans at the bottom of the economic ladder to improve their situation.
Awards and Recognition
Loury has received many honors for his work. He became a member of the Econometric Society in 1994. He was Vice President of the American Economics Society in 1997. In 2000, he became a member of the American Academy of Arts and Sciences. He joined the American Philosophical Society in 2011. In 2013, he was elected president of the Eastern Economics Association.
Loury is also a member of the Council on Foreign Relations. He is a key academic contributor to the 1776 Unites project, which focuses on American history and values. In 2022, he received the Bradley Prize and was named the John Kenneth Galbraith Fellow.
Personal Life
Glenn Loury has five children. He has a son named Alden, who works as a data projects editor for WBEZ in Chicago.
Loury and his wife, Linda Datcher Loury, had two sons together. Linda passed away in 2011. He has since remarried.
In 2024, Loury shared that he was diagnosed with arthritis and stenosis in his lower and middle spine. He had surgery on April 11, 2024, and plans for more treatments.
See also
In Spanish: Glenn Loury para niños
