John Somerset Chipman (June 28, 1926 – 2022) was a Canadian-born American economist who was a noted expert on the econometrics of international trade. He was Regents' Professor of Economics at the University of Minnesota, where he later held emeritus status. He was elected to the American Academy of Arts and Sciences in 1979 and to the National Academy of Sciences in 1993.[1]
John Chipman | |
|---|---|
| Born | June 28, 1926 Montreal, Canada |
| Died | 2022 (aged 95) |
| Years active | 1951–2022 |
| Academic career | |
| Field | Econometrics International trade Welfare economics History of economic thought |
| Alma mater | McGill University Johns Hopkins University |
| Doctoral advisor | Fritz Machlup |
| Doctoral students | Masahiko Aoki, James Melvin, James Moore, Raymond Riezman, Joaquin Silvestre, Oz Shy |
Early life and education
editJohn Somerset Chipman was born on June 28, 1926, in Montreal, Canada.[2] He received his B.A. degree from McGill University in 1947 and an M.A. in Economics and Political Science from the same university in 1948.[3] Chipman earned his Ph.D. from Johns Hopkins University in 1951 with a dissertation entitled, "The Theory of Intersectional Money Flows and Income Formation."
Career
editChipman served as Assistant Professor of Economics at Harvard University from 1951 to 1955 before moving to the University of Minnesota in 1955, where he taught until his retirement in 2007.[3][2] Among his Ph.D. students was Masahiko Aoki.[3] In 1981, he was named Regents' Professor of Economics.[3]
Research
editChipman's research focused on international trade, econometrics, and welfare economics.[1] He was also an expert on the history of economic thought,[4] and was involved in translating classic economic texts into English, including Italian economist Vilfredo Pareto's 1906 work Manual of Political Economy, which established the economic principle of "Pareto optimality."[5]
Death
editChipman died in 2022, and he was survived by his wife, Margaret. His death was announced on February 14, 2023.[6]
References
edit- ^ a b "Member Directory: John S. Chipman". National Academy of Sciences. Retrieved June 17, 2021.
- ^ a b "John S. Chipman Papers, 1948-2014". Duke University Libraries Archives and Manuscripts. Retrieved June 17, 2021.
- ^ a b c d "John S. Chipman: Curriculum Vitae" (PDF). John Chipman: Regents' Professor of Economics Emeritus. October 20, 2014. Retrieved June 17, 2021.
- ^ "Spotlight: Esteemed Alumnus John Chipman". Johns Hopkins University Department of Economics. Retrieved June 17, 2021.
- ^ Belz, Adam (August 25, 2012). "U of M Prof Translates into Retirement". Star Tribune. Retrieved June 17, 2021.
- ^ "John S. Chipman, 1926–2022". University of Minnesota. 14 February 2023. Retrieved 1 May 2023.