Robert Shiller, the Sterling Professor of Economics, Cowles Foundation member, and Nobel laureate, is one of three honorees to receive a Gold Honor Medal from the National Institute of Social Sciences.
Awarded annually to distinguished Americans who have made signiﬁcant contributions to the nation, the Gold Medal will be given out to the recipients at a ceremony on November 14 in New York City. This year’s honorees also include author and biographer Ron Chernow and Columbia University president emeritus Michael I. Sovern.
“Ron Chernow, Robert Shiller, and Michael Sovern have given America their best,” said Chauncey G. Olinger, Jr., president of the National Institute, in a statement. “We are delighted to have the chance to recognize their remarkable contributions to this great country.”
Professor Shiller is known for his research and writing on behavioral economics, ﬁnancial bubbles, and real estate, among other areas. His books include Finance and the Good Society (2012), Animal Spirits: How Human Psychology Drives the Economy and Why It Matters for Global Capitalism (2009), Subprime Solution: How the Global Financial Crisis Happened and What to Do about It (2008), and Irrational Exuberance (2000). He won the Nobel Prize in Economic Sciences in 2013.
The National Institute has presented Gold Medals since 1913. Previous honorees include four U.S. Presidents, Supreme Court justices and other members of the judiciary, six U.S. Secretaries of State, as well luminaries in academia, law, government, education, philanthropy, the arts, medicine, science, and industry.
Established in 1912, the National Institute of Social Sciences (socialsciencesinstitute.org) is an honorary society of Americans dedicated by service and philanthropy to the public good and joined together to recognize and celebrate those who have achieved at the highest level. In addition to presenting the Gold Medals each year, the National Institute through its Seed Grant Program makes grants to graduate students in the social sciences, and has a vibrant chapter in Palm Beach, Florida.