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Bruce Sacerdote named the Richard S. Braddock 1963 Professor of Economics

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Dartmouth College Office of Public Affairs • Press Release
Posted 06/26/09 • Media Contact: Office of Public Affairs
 (603) 646-3661

Bruce Sacerdote
Bruce Sacerdote '90, the new Richard S. Braddock 1963 Professor of Economics (photo by Joseph Mehling '69)

The Dartmouth Dean of the Faculty Carol Folt has announced the appointment of Bruce Sacerdote as the inaugural endowed chair holder of the Richard S. Braddock 1963 Professorship in Economics.

"Bruce is such a wonderful choice for this chair," said Dean Folt, who is also a professor of biological sciences. "In the classroom, he is inspiring, and Dartmouth students all say how much they enjoy taking his classes and working with him. As a scholar, he is a world-renowned expert in applied microeconomics whose research touches a wide array of public policy issues. I am so grateful to the Braddock family whose commitment to Dartmouth's faculty and curricular innovation are being recognized by the establishment of this chair."

Sacerdote, a 1990 graduate of Dartmouth, joined the faculty in 1998 as an assistant professor and became a full professor in 2005. His research interests include an array of public policy issues, and bring the rigor of economic research to bear on such questions as the impact of education on income, health, and well-being; the effect of relocation after Hurricane Katrina on students' educational outcomes; why there are fertility differences across developed countries; the incentives for criminal activity; and the life chances of adopted children living in different family environments. His peer-reviewed papers appear in the top journals in economics. Sacerdote, in his role as teacher and mentor, regularly involves significant numbers of Dartmouth students in his research projects. Over the last 11 years, he has advised 15 senior honors theses, mentored 40 James O. Freedman Presidential Scholars, and worked with 450 students as they wrote their senior seminar papers for the culminating experience of the economics major.

"I am deeply honored to be the first holder of the Richard S. Braddock 1963 Professorship in Economics," Sacerdote said. "What I love about teaching here is the ability to interact with some of the smartest most creative students. Dartmouth is truly unique in its commitment to having a world-class faculty and having those faculty devoted to teaching undergraduates. I am so grateful to the Braddocks and many other devoted alumni for helping to make this possible."

Susan and Rick Braddock '63, along with their sons Brad '90 and Derek '94, established the Braddock Family Fund to support Dartmouth's new undergraduate business courses, which were launched this spring. Their generous gift is being recognized with the naming of this endowed professorship in the Department of Economics. "As we thought about how to involve our foundation in some innovative way to help Dartmouth and its students, we became attracted to the opportunity to bring some business perspective to the undergraduate curriculum," said Rick Braddock. "We are appreciative to all in the Dartmouth family, and those at the Tuck School, who worked together with us to make this happen."

Braddock is chairman and CEO of FreshDirect Inc., an online fresh food manufacturing and delivery service. He graduated from Dartmouth with a degree in history cum laude and Phi Beta Kappa, and earned an MBA from Harvard Business School in 1965. Braddock was a Tuck School overseer from 1991 to 1997.

Sacerdote received his A.B. in Economics from Dartmouth College in 1990, as the salutatorian of his class, and his Ph.D. in Economics from Harvard University in 1997. He is a Research Associate at the National Bureau of Economic Research and has been awarded research grants from the National Science Foundation and the U.S. Department of Education. He is also associate editor of some of the leading journals in economics including the Quarterly Journal of Economics and Review of Economics and Statistics.

In 2003, he was awarded the John M. Manley Huntington Award for Newly Tenured Faculty in recognition of his teaching and scholarship.

Dartmouth has television (satellite uplink) and radio (ISDN) studios available for domestic and international live and taped interviews. For more information, call 603-646-3661 or see our Radio, Television capability webpage.

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Last Updated: 6/26/09