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. He teaches about social sciences and economics there.
When he was 33, Loury became the first African American economics professor to get tenure at Harvard University. Tenure means he had a permanent job there.
Loury became well-known in the 1980s. He was seen as a leading Black conservative thinker. Later, in the mid-1990s, his views became more progressive. By 2020, The New York Times described him as "conservative-leaning" again.
Contents
Early Life and Education
Glenn Loury was born in Chicago, Illinois. He grew up in a part of the city where it was hard for families to get loans. This was due to a practice called redlining.
Before going to college, he had two children. He worked at a printing plant to support them. He also took classes at a junior college. He won a scholarship to study at Northwestern University.
In 1972, he earned his first degree in mathematics from Northwestern. He then went on to get his PhD in economics. He received it from the Massachusetts Institute of Technology (MIT) in 1976. His teacher there was Robert Solow, a famous economist. At MIT, he met his future wife, Linda Datcher Loury.
Career Highlights
After getting his PhD, Loury started teaching. He was an assistant professor at Northwestern University. In 1979, he moved to teach at the University of Michigan. He became a full professor there in 1980.
In 1982, at age 33, Loury made history. He became the first Black professor of economics to get tenure at Harvard University. He later moved to Harvard's Kennedy School.
In 1987, he was considered for a job in the Reagan administration. He was thought of for a role in the Department of Education. However, he decided not to take the job for personal reasons.
After some time away, Loury returned to public life. He became a born-again Christian. He also described himself as a "black progressive" for a while.
In 1991, Loury left Harvard. He went to Boston University. There, he led a group focused on race and social issues. Since 2005, he has been a professor at Brown University. He teaches in the Economics Department.
Loury studies many topics in economics. These include how people make choices and how money is shared. He also writes a lot about racial inequality and social rules. He has spoken to government groups about these important issues.
He hosts a show called The Glenn Show online. On his show, he often talks about race and education.
Political Views
Glenn Loury's political views have changed over time. In 2017, he said he used to be a "Reagan conservative." But then he saw himself as a "centrist Democrat." This means he was in the middle of the political spectrum.
The New York Times has called him "conservative-leaning." The Wall Street Journal once called him a "Reagan Republican."
Loury does not support reparations for slavery. These are payments to descendants of enslaved people. He also opposes "cancel culture." This is when people are publicly criticized or boycotted for their actions or words. He supports stronger border security. In 2007, he spoke against sending more troops to Iraq.
In 2020, he questioned a letter from the president of Brown University. The letter was about the murder of George Floyd. Loury felt the letter either said obvious things or made strong claims without enough proof.
He did not support Barack Obama in his 2008 election campaign. He has also defended Donald Trump in some discussions. However, Loury later blamed Trump for the 2021 United States Capitol attack. He also opposed the second attempt to remove Trump from office.
Awards and Honors
Glenn Loury has received many awards for his work.
- In 1994, he joined the Econometric Society.
- In 1997, he became Vice President of the American Economics Society.
- He was elected to the American Academy of Arts and Sciences in 2000.
- In 2011, he became a member of the American Philosophical Society.
- He was president of the Eastern Economics Association in 2013.
Loury is also part of the Council on Foreign Relations. He helps with the 1776 Unites project, which focuses on American history and values. In 2022, he received the Bradley Prize. He was also named the John Kenneth Galbraith Fellow that same year.
Personal Life
Glenn Loury has five children. He had two children with his first wife, Charlene. He also has a son named Alden from another relationship. Alden works in data for a radio station 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 has arthritis and stenosis in his spine. He had surgery in April 2024 and plans for more treatments.
See also
In Spanish: Glenn Loury para niños