Thomas Sargent is an macroeconomist who joined New York University in September 2002 as the inaugural W.R. Berkley Professor. He holds a dual appointment with the Economics Department at NYU's Faculty of Arts and Sciences and the Stern School of Business. In recognition of his outstanding contributions to the field, he was awarded the Nobel Prize in Economics in 2011.
Before joining NYU, Professor Sargent held professorships at the University of Minnesota (1975-1987), the University of Chicago (1992-1998), and Stanford University (1998-2002). Additionally, he has been a senior fellow at the Hoover Institution since 1987. Professor Sargent earned his Ph.D. from Harvard University in 1968 and served as a first lieutenant and captain in the U.S. Army. Throughout his illustrious career, he has received numerous prestigious honors, including being named the Most Distinguished Scholar in the Class of 1964 and winning the Nemmers Prize in Economics in 1997.
Professor Sargent is a distinguished fellow of both the National Academy of Sciences and the American Academy of Arts and Sciences, having been elected to both in 1983. He has also held leadership positions in various professional organizations, including serving as the president of the Econometric Society, the American Economic Association, and the Society for Economic Dynamics. Among his notable works are the book "Rational Expectations and Econometric Practice," which he co-authored with Robert E. Lucas Jr., and "The Big Problem of Small Change."
