Glenn Loury

Economist

Birthday September 3, 1948

Birth Sign Virgo

Birthplace Chicago, Illinois, U.S.

Age 75 years old

Nationality United States

#9918 Most Popular

1948

Glenn Cartman Loury, (born September 3, 1948) is an American economist, academic, and author.

Loury was born on September 3, 1948, in the South Side of Chicago, Illinois, growing up in a redlined neighborhood.

Before going to college he fathered two children, and supported them with a job in a printing plant.

When he wasn't working he took classes at Southeast Junior College, where he won a scholarship to study at Northwestern University.

1972

In 1972, he received his B.A. degree in mathematics from Northwestern University.

1976

He received his Ph.D. in economics from the Massachusetts Institute of Technology (MIT) in 1976, writing his dissertation, "Essays in the Theory of the Distribution of Income", under the supervision of Robert M. Solow.

At MIT he met his future wife, Linda Datcher Loury.

Loury became an assistant professor of economics at Northwestern University after receiving his doctorate.

1979

In 1979, he moved to teach at the University of Michigan, and was promoted to full professor of economics in 1980.

1982

In 1982, at age 33, Loury became the first black tenured professor of economics in the history of Harvard University.

He moved to Harvard's Kennedy School of Government after two years.

While at Kennedy school he would befriend William Bennett and Bill Kristol

(He later said in an interview that his economics appointment was a mistake because he "wasn’t yet fully established as a scientist". )

1987

In 1987, Loury was under consideration to be an Undersecretary of Education in the Reagan administration.

He withdrew from consideration on June 1, three days before citing personal reasons.

After a subsequent period of seclusion and self-reflection, Loury reemerged as a born-again Christian and described himself as a "black progressive."

1990

In the mid-1990s, following a period of seclusion, he adopted more progressive views.

1991

Loury left Harvard in 1991 to go to Boston University, where he headed the Institute on Race and Social Division.

2005

He is the Merton P. Stoltz Professor of the Social Sciences and Professor of Economics at Brown University, where he has taught since 2005.

At the age of 33, Loury became the first African American professor of economics at Harvard University to gain tenure.

Loury achieved prominence during the Reagan Era as a leading black conservative intellectual.

In 2005, Loury left Boston University for Brown University, where he was named a professor in the Economics Department, and a research associate of the Population Studies and Training Center.

Loury's areas of study include applied microeconomic theory: welfare economics, game theory, industrial organization, natural resource economics, and the economics of income distribution.

In addition to economics, he has also written extensively on the themes of racial inequality and social policy.

Loury testified on racial issues before the Senate Banking Committee on March 4, 2021.

and presented at the Bruce D. Benson Center Lecture Series at the University of Colorado Boulder on February 8, 2021.

Loury hosts The Glenn Show on his Substack with John McWhorter, often regarding questions of race and education.

2007

On January 9, 2007, Loury spoke out against increasing the number of troops in Iraq.

2008

Loury was opposed to Barack Obama in his 2008 presidential run.

He continued to criticize Obama as president calling his tenure “depressing in the extreme" and also criticized Obama's closeness to Al Sharpton.

2016

In 2016, he supported Hillary Clinton.

After the 2016 United States presidential election, Loury said it was dangerous for people not to recognize Donald Trump as the 45th President.

During debates with John McWhorter, Loury defended Donald Trump.

During Trump's presidency he doubted claims that Trump was an existential threat to the public.

2017

On a 2017 episode of the Sam Harris podcast Making Sense, Loury stated that while he used to be "a Reagan conservative", he now thought of himself as a "centrist Democrat, or maybe a mildly right-of-center Democrat."

The New York Times described Loury as "conservative-leaning" and The Wall Street Journal described Loury as a “Reagan Republican”.

2020

Loury has somewhat re-aligned with views of the American right, with The New York Times describing his political orientation in 2020 as "conservative-leaning."

After Trump refused to concede that he lost the 2020 United States presidential election, however, he rebuked Trump.

Loury would later blame Trump for the 2021 United States Capitol attack but opposed the second impeachment of Donald Trump.

Loury opposes reparations for slavery and affirmative action.