1966, BA (Hons), Princeton University; 1968, BA and MA, Oxford University; 1972, PhD in Economics, Harvard University. Economist. 1973-75, Associate Professor of Economics, Stanford University; 1975-90, Professor, Economics and Business Administration, Harvard University; 1977-79, Member, Economics Advisory Panel, National Science Foundation; 1984-90, Dean, Faculty of Arts and Sciences, Harvard University; 1990-99, Phillip H Knight Professor and Dean, Graduate School of Business, Stanford University. Currently, Chairman, Independent Commission on Growth and Development; Senior Fellow, Hoover Institution. Phillip H Knight Professor Emeritus, Graduate School of Business, Stanford University. Member of Board: General Mills; Siebel Systems; Nike; Exult. Member, American Economic Association. Fellow: American Academy of Arts and Sciences; Econometric Society. Author of The Next Convergence. Recipient of awards, including: John Kenneth Galbraith Prize (1978); The John Bates Clark Medal, and the Nobel Memorial Prize in Economic Sciences (2001).