Rogoff Honored for Fostering Financial Security

The Harvard economist shares an award for scholarly writing that fosters the nation's financial well-being.

The TIAA-CREF Institute has presented its 2010 Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security to Cabot professor of public policy and professor of economics Kenneth S. Rogoff and Carmen M. Reinhart, Weatherstone Senior Fellow at the Peterson Institute for International Economics, coauthors of the best-selling book This Time Is Different: Eight Centuries of Financial Folly.

The award honors the late Nobel Prize laureate Paul A. Samuelson, Ph.D. ’41, LL.D. ’72, for his achievements in the field of economics and his service as a CREF trustee from 1974 to 1985. The Samuelson Award is given annually in recognition of an outstanding research publication containing ideas that the public and private sectors can use to maintain and improve America’s lifelong financial well-being. A $10,000 prize will be shared by the winners.

For more about Rogoff, see these articles from Harvard Magazine’s archives: “After Our Bubble” and “Harvard Economists Discuss the Financial Crisis.”


The Institute  also awarded a certificate of excellence this year to the authors of “The Age of Reason: Financial Decisions over the Life Cycle with Implications for Regulation” (Brookings Papers on Economic Activity). The recipients are Sumit Agarwal of the Federal Reserve Bank of Chicago, John C. Driscoll, Ph.D. ’95, of the Federal Reserve Board, Xavier Gabaix, Ph.D. ’99, of New York University, and Goldman professor of economics and Harvard College Professor David Laibson. (For more on Laibson’s work, see “The Marketplace of Perceptions.”) In their paper, the authors “seek to raise a red flag about the increasingly large and complex balance sheets of older adults, who will comprise a growing percentage of the population in the coming decades.”

You might also like

The Roman Empire’s Cosmopolitan Frontier

Genetic analysis reveals a culture enriched from both sides of the Danube.

Tobacco Smoke and Tuberculosis

Harvard researchers illuminate a longstanding epidemiological connection. 

Discourse and Discipline

Harvard’s Faculty of Arts and Sciences broaches two tough topics.

Most popular

Small-Town Roots

Professors’ humble beginnings, concentration choices, and a mini history of Harvard and Radcliffe presidents

Vita: Fanny Bullock Workman

Brief life of a feisty mountaineer: 1859-1925

Being Black at Work

Realizing the full potential of black employees

More to explore

Illustration of a box containing a laid-off fossil fuel worker's office belongings

Preparing for the Energy Transition

Expect massive job losses in industries associated with fossil fuels. The time to get ready is now.

Apollonia Poilâne standing in front of rows of fresh-baked loaves at her family's flagship bakery

Her Bread and Butter

A third-generation French baker on legacy loaves and the "magic" of baking

Illustration that plays on the grade A+ and the term Ai

AI in the Academy

Generative AI can enhance teaching and learning but augurs a shift to oral forms of student assessment.