William Smith Chair: Randall Wright, Economics

Dr. Randall Wright, associate professor of economics, has been appointed to one of the School of Arts and Sciences' three William Smith Term Professorships, created by Alumnus Martin Lipton, Esq., and named in honor of Penn's first Provost .

Dr. Wright, who specializes in monetary economics, labor economics, and macroeconomics, is an alumnus of the University of Manitoba with a Ph.D. from the University of Minnesota.

Since joining Penn in 1987 as an assistant professor, he has earned the 1988 Harry Johnson Prize for the best article in the Canadian Journal of Economics, and has received support for his work from the National Science Foundation.

Dr. Wright also serves as a consultant to the Federal Reserve Bank of Minneapolis.

Mr. Lipton, Wh '52, took his law degree at NYU and is a partner in the firm of Wachtell, Lipton, Rosen & Katz. He has served as a Trustee of the University and an Overseer of the School of Arts and Sciences, and was a founding member of the School's Economics Visiting Committee.