Victor R. Fuchs is the Henry J. Kaiser Jr. Professor Emeritus at Stanford University, where he applies economic analysis to social problems of national concern. He was Professor of Economics in the Economics Department and the School of Medicine’s Department of Health Research and Policy from 1974 to 1995. He is author of nine books, the editor of six others, and about two hundred papers and shorter pieces. Professor Fuchs was elected president of the American Economic Association in 1995. His contributions have also been recognized by his election to the American Philosophical Society, the American Academy of Arts and Sciences, and the Institute of Medicine of the National Academy of Sciences. He has received the John R. Commons Award, Emily Mumford Medal for Distinguished Contributions to Social Science in Medicine, Distinguished Investigator Award (Association for Health Services Research), Baxter Foundation Health Services Research Prize, and Madden Distinguished Alumni Award (New York University).