Edward Glaeser

Age, Biography and Wiki

Edward Glaeser was born on 1 May, 1967 in Manhattan, New York, United States, is an American economist. Discover Edward Glaeser’s Biography, Age, Height, Physical Stats, Dating/Affairs, Family and career updates. Learn How rich is He in this year and how He spends money? Also learn how He earned most of networth at the age of 53 years old?

Popular AsN/A
OccupationN/A
Age53 years old
Zodiac SignTaurus
Born1 May 1967
Birthday1 May
BirthplaceManhattan, New York, United States
NationalityAmerican

We recommend you to check the complete list of Famous People born on 1 May.
He is a member of famous with the age 53 years old group.

Edward Glaeser Height, Weight & Measurements

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Dating & Relationship status

He is currently single. He is not dating anyone. We don’t have much information about He’s past relationship and any previous engaged. According to our Database, He has no children.

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Edward Glaeser Net Worth

He net worth has been growing significantly in 2018-19. So, how much is Edward Glaeser worth at the age of 53 years old? Edward Glaeser’s income source is mostly from being a successful . He is from American. We have estimated Edward Glaeser’s net worth, money, salary, income, and assets.

Net Worth in 2020$1 Million – $5 Million
Salary in 2019Under Review
Net Worth in 2019Pending
Salary in 2019Under Review
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Timeline of Edward Glaeser

2011

According to a review in The New York Times, his book titled Triumph of the City: How Our Greatest Invention Makes Us Richer, Smarter, Greener, Healthier, and Happier (2011) summarizes Glaeser’s years of research into the role that cities play in fostering human achievement and “is at once polymathic and vibrant”.

Although his most recent book, Triumph of the City (2011), celebrates the city, he moved with his wife and children to the suburbs around 2006 because of “home interest deduction, highway infrastructure and local school systems”. He explained that this move is further “evidence of how public policy stacks the deck against cities. [B]ecause of all the good that comes out of city life—both personal and municipal—people should take a hard look at the policies that are driving residents into the suburbs.

Glaeser (2011) claimed that public policy in Houston, Texas, the only city in the United States with no zoning code and therefore, a very elastic housing supply, enabled construction to respond to the demand of a plentiful number of new affordable houses even in 2006. He argued that this kept Houston prices flat while elsewhere they escalated.

2008

Glaeser and Gyourko (2008) observed that in spite of the mortgage meltdown and the ensuing drop in housing prices, Americans continue to face housing affordability challenges. Housing policy makers, however, need to recognize that housing affordability differs from region to region and affects classes differently. Public policies should reflect those differences. The middle class confront affordability issues that could be resolved by allowing for more new home constructions by removing zoning restrictions at the municipal level. Glaeser and Gyourko (2008) recommend direct income transfers for low income families to resolve their specific housing needs rather than government interference in the housing market itself.

2006

Glaeser was born in Manhattan, New York to Ludwig Glaeser (1930-September 27, 2006) and Elizabeth Glaeser. His father was born in Berlin in 1930, lived in Berlin during World War II and moved to West Berlin in the 1950s. Ludwig Glaeser received a degree in architecture from the Darmstadt University of Technology and a Ph.D. in art history from the Free University of Berlin before joining the staff at the Museum of Modern Art in New York City in 1963. He would go on to be curator of the Department of Architecture and Design in 1969.

In 2006, Glaeser began writing a regular column for the New York Sun. He writes a monthly column for The Boston Globe. He blogs frequently for The New York Times at Economix, and he has written essays for The New Republic.

2004

Glaeser and Harvard economist Alberto Alesina compared public policies to reduce inequality and poverty in the United States with Europe (Alesina and Glaeser 2004). Differing attitudes towards those less fortunate partially explain differences in the redistribution of income from rich to poor. Sixty percent of Europeans and 29% of Americans believe that the poor are trapped in poverty. Only 30% of Americans believe that luck determines income compared with 60% of Europeans. Sixty percent of Americans believe the poor are lazy while only 24% of Europeans believe this to be true. But they conclude that racial diversity in the United States, with the dominant group being white and the poor mainly non-white, led to resistance to reduce inequality in the United States through redistribution. Surprisingly the United States political structures are centuries old and remain much more conservative than their European counterparts as the latter have undergone much political change.

2003

In 2003, Glaeser collaborated with David Cutler and Jesse Shapiro on a research paper that attempted to explain why Americans had become more obese. According to the abstract of their paper, “Why Have Americans Become More Obese?”, Americans have become more obese over the past 25 years because they “have been consuming more calories. The increase in food consumption is itself the result of technological innovations which made it possible for food to be mass prepared far from the point of consumption, and consumed with lower time costs of preparation and cleaning. Price changes are normally beneficial, but may not be if people have self-control problems.”

2002

Glaeser and Gyourko (2002) argued that while the price of housing was significantly higher than construction costs in Boston, Massachusetts and San Francisco and California, in most of the United States, the price of housing remained “close to the marginal, physical costs of new construction.” They argued that dramatic differences in price of housing versus construction costs occurred in places where permits for new buildings had become difficult to obtain (since the 1970s). Compounded with strict zoning laws the supply of new housing in these cities was seriously disrupted. Real estate markets were thus unable to accommodate increases in demand, and housing prices skyrocketed. Glaeser also points to the experience of states such as Arizona and Texas, which experienced tremendous growth in demand for real estate during the same period but, because of looser regulations and the comparative ease of obtaining new building permits, did not witness abnormal increases in housing prices.

2001

His work has earned the admiration of a number of prominent economists. George Akerlof (2001 Economics Nobel Prize) praised Glaeser as a “genius”, and Gary Becker (1992 Economics Nobel Prize) commented that before Glaeser “urban economics was dried up. No one had come up with some new ways to look at cities.”

2000

In 2000 Glaeser, Kahn and Rappaport challenged the 1960s urban land use theory that claimed the poor live disproportionately in cities because richer consumers who wanted more land chose to live in the suburbs where available land was less expensive. They found that the reasons for the higher rate of poverty in cities (17% in 1990) compared to suburbs (7.4%) in the United States were the accessibility of public transportation and pro-poor central cities’ policies which encouraged more poor people to choose to move to and live in central cities. He reiterated this in an interview in 2011, “The fact that there is urban poverty is not something cities should be ashamed of. Because cities don’t make people poor. Cities attract poor people. They attract poor people because they deliver things that people need most of all—economic opportunity.”

During the 2000s, Glaeser’s empirical research has offered a distinctive explanation for the increase in housing prices in many parts of the United States over the past several decades. Unlike many pundits and commentators, who attribute skyrocketing housing prices to a housing bubble created by Alan Greenspan’s monetary policies, Glaeser pointed out that the increase in housing prices was not uniform throughout the country (Glaeser and Gyourko 2002).

1992

Glaeser has published at a rate of almost five articles per year since 1992 in leading peer-reviewed academic economics journals, in addition to many books, other articles, blogs, and op-eds. Glaeser has made substantial contributions to the empirical study of urban economics. In particular, his work examining the historical evolution of economic hubs like Boston and New York City has had major influence on both economics and urban geography. Glaeser also has written on a variety of other topics, ranging from social economics to the economics of religion, from both contemporary and historical perspectives.

1967

Edward Ludwig “Ed” Glaeser (born May 1, 1967) is an American economist and Fred and Eleanor Glimp Professor of Economics at Harvard University. He was educated at The Collegiate School in New York City before obtaining his B.A. in economics from Princeton University and his Ph.D. in economics from the University of Chicago. Glaeser joined the faculty of Harvard in 1992, where he is currently (as of January 2018) the Fred and Eleanor Glimp Professor at the Department of Economics. He previously served as the Director of the Taubman Center for State and Local Government and the Director of the Rappaport Institute for Greater Boston (both at the Kennedy School of Government). He is a senior fellow at the Manhattan Institute, and a contributing editor of City Journal. He was also an editor of the Quarterly Journal of Economics. Glaeser and John A. List were mentioned as reasons why the AEA committee began to award the Clark Medal annually in 2009.

1950

Glaeser admired many aspects of the work of Jane Jacobs; they both argue that “cities are good for the environment.” He disagreed with her on densification through height. He advocates for higher buildings in cities while Jacobs deplored the 1950s and 1960s public housing projects inspired by Le Corbusier. The austere, dehumanizing New York high rises eventually became the “projects” straying far from their original intent. She believed in preserving West Greenwich Village’s smaller historical buildings for personal, economic and aesthetic reasons. Glaeser grew up in a high rise and believes that higher buildings provide more affordable housing. He calls for elimination or lessening of height limitation restrictions, preservationist statutes and other zoning laws.