Age, Biography and Wiki

Richard Easterlin was born on 12 January, 1926 in Ridgefield Park, New Jersey, U.S., is an American economist. Discover Richard Easterlin's Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is he in this year and how he spends money? Also learn how he earned most of networth at the age of 98 years old?

Popular As N/A
Occupation N/A
Age 98 years old
Zodiac Sign Capricorn
Born 12 January 1926
Birthday 12 January
Birthplace Ridgefield Park, New Jersey, U.S.
Nationality United States

We recommend you to check the complete list of Famous People born on 12 January. He is a member of famous economist with the age 98 years old group.

Richard Easterlin Height, Weight & Measurements

At 98 years old, Richard Easterlin height not available right now. We will update Richard Easterlin's Height, weight, Body Measurements, Eye Color, Hair Color, Shoe & Dress size soon as possible.

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Dating & Relationship status

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Richard Easterlin Net Worth

His net worth has been growing significantly in 2023-2024. So, how much is Richard Easterlin worth at the age of 98 years old? Richard Easterlin’s income source is mostly from being a successful economist. He is from United States. We have estimated Richard Easterlin's net worth, money, salary, income, and assets.

Net Worth in 2024 $1 Million - $5 Million
Salary in 2024 Under Review
Net Worth in 2023 Pending
Salary in 2023 Under Review
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Source of Income economist

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Timeline

1926

Richard Ainley Easterlin (born 12 January 1926) is a professor of economics at the University of Southern California.

He is best known for the economic theory named after him, the Easterlin Paradox.

Another of his contributions is the Easterlin hypothesis about long waves of baby booms and busts.

Easterlin was born in Ridgefield Park, New Jersey, in 1926.

1945

He studied engineering at the Stevens Institute of Technology and graduated with a degree in mechanical engineering with Distinction in 1945.

1948

Whilst completing his postgraduate studies, Easterlin worked as instructor from 1948 to 1953 at the University of Pennsylvania.

1949

He then completed an MA in economics in 1949 and his Ph.D. in economics in 1953 both at the University of Pennsylvania.

1953

He became interested in demography and population studies through his participation as a research associate from 1953 to 1955 in the landmark Study of population Redistribution and Economic Growth in the United States conducted by Simon Kuznets and Dorothy Thomas.

After completing his Doctor of Philosophy he became an assistant professor of economics from 1953 to 1956.

1955

He was also a Research Associate of the National Bureau of Economic Research from 1955 to 1956.

1956

From 1956 to 1960 he was an associate professor of economics and also a visiting professor at Stanford University in 1960 to 1961.

From 1956 to 1966 he was also a member of the Research Staff National Bureau of Economic Research.

1958

Whilst at the University of Pennsylvania, Easterlin served as the chairman of the Department of Economics from 1958 to 1960, from 1961 to 1962 and in 1965 and 1968.

1960

He was then a full professor of economics from 1960 to 1978 and was the William R. Kenan, Jr. Professor in Economics at the University of Pennsylvania from 1978 to 1982.

1970

He was a Fellow of the Center for Advanced Study in the Behavioral Sciences from 1970 to 1971, was elected as a Fellow of the American Academy of Arts and Sciences in 1978, was the Sherman Fairchild Distinguished Scholar at the California Institute of Technology from 1980 to 1981, was elected a Fellow of the Econometric Society in 1983, was awarded the Burlington Northern Faculty Achievement Award at the University of Southern California in 1987, was appointed to the Board of Directors as the Representative of the Economic History Association to the National Bureau of Economic Research from 1986 to 1997, was awarded the Raubenheimer Award for Teaching and Research at the University of Southern California in 1988, was selected as a Fellow of the John Simon Guggenheim Memorial Foundation from 1988 to 1989, was awarded the Irene B. Taeuber Award by the Population Association of America in 1993, received an Honorary Doctorate from Lund University in Sweden in 1998, was elected as a Member of the United States National Academy of Sciences, was awarded the Mellon Award for Excellence in Mentoring by the Center for Excellence in Teaching at the University of Southern California in 2006, was awarded the Distinguished Researcher Award by the International Society for Quality of Life Studies in 2006, was elected a Distinguished Fellow of the American Economic Association in 2006, was awarded the IZA Prize in Labor Economics from the Institute for the Study of Labor in 2009, and received the Laureate Award from the International Union for the Scientific Study of Population in 2010.

1974

He was also the associate dean for budget and planning of the University of Pennsylvania Faculty of Arts and Sciences from 1974 to 1979.

Easterlin is in particular known for his 1974 article "Does Economic Growth Improve the Human Lot? Some Empirical Evidence" and the Easterlin Paradox which he argued that contrary to expectation, happiness at a national level does not increase with income over time.

He is also known for the Easterlin hypothesis, which states that the relationship between income and fertility is dependent on relative income (income relative to aspirations).

1982

He then moved to the University of Southern California in 1982 as a professor of economics and then university professor since 1999.