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SIEPR Prize for Contributions to Economic Policy

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The SIEPR Prize for Contributions to Economic Policy is given to a scholar or policymaker who has deeply influenced economic policy. It was inspired and first funded in 2010 by George Shultz, who served as President Richard Nixon’s budget director and secretary of Labor and Treasury and later led the State Department in the Reagan administration. 

Recipients of the SIEPR Prize are selected by a committee including Neale Mahoney, the Trione Director of SIEPR; Jonathan Levin, the president and Bing Presidential Professor at Stanford and a SIEPR senior fellow; John Shoven, a senior fellow emeritus and former director of SIEPR and the Charles R. Schwab Professor of Economics, emeritus; Monika Piazzesi, a SIEPR senior fellow and the Joan Kenney Professor of Economics at Stanford; and Jim Poterba, president of the National Bureau of Economic Research.

Recipients of the prize

  • Mario Draghi (2026), President of the European Central Bank, Prime Minister of Italy
  • Lawrence H. Summers (2023), U.S. Secretary of Treasury, Director of the White House National Economic Council, and Chief Economist of the World Bank
  • Ben Bernanke (2022), Brookings Institution Distinguished Senior Fellow and Chair of the Federal Reserve and of the President’s Council of Economic Advisers
  • Nicholas Stern (2020), the IG Patel Professor of Economics and Government at the London School of Economics and lead author of the influential Stern Review on the Economics of Climate Change
  • Bill Bradley (2018), U.S. senator and a key architect of the 1986 federal Tax Reform Act
  • Alice Rivlin (2016), founding Director of the Congressional Budget Office, Director of the Office of Management and Budget, and Vice Chair of the Federal Reserve
  • Stanley Fischer (2014), MIT Professor and Governor of the Bank of Israel and Vice Chair of the Federal Reserve
  • Martin Feldstein (2012), Harvard professor and Chair of the President’s Council of Economic Advisers
  • Paul Volcker (2010), Federal Reserve Chair