USC Price School Hires Nobel Prize Winner

Nobel Prize winner and economics expert James Heckman has joined the Leonard D. Schaeffer Center for Health Policy and Economics at USC.

Through his affiliation as the Presidential Scholar-in-Residence, Heckman renews his ties to fellow Nobel laureate Daniel McFadden, the Schaeffer Center Presidential Professor of Health Economics who holds a dual appointment with the USC Price School of Public Policy. Heckman and McFadden shared the Nobel Memorial Prize in Economic Sciences in 2000.

http://news.usc.edu/82972/nobel-laureate-james-heckman-joins-usc-schaeffer-center/

With this hire, USC Price has two nobels on staff and brings the university count to five on staff. (UCLA currently has 3 on staff.)

That hire will bump USC up the dubious ARWU ranking.

Is this another one of those show hires where the Nobel Prize winner only spends about two weeks on campus?

McFadden’s main job is still at UC Berkeley.

As has been said many times, USC needs to produce Nobel Prize winners, not hire them years after they’ve won.

I’m okay with that. Ask any Chicago grad where many of their Nobels end up, especially at retirement…Stanford.