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Ec Dept. Attracts Leading Faculty

"Its something that I don't like to admit to myself and hence haven't tried to quantify," he says.

And Williamson's success does not end with his Yale catch. The new professors have come from top economics departments around the world.

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Take Michael R. Kremer '85.

At age 35, Kremer is one of the top young economists in the nation. He's received a MacArthur "genius" grant. President Clinton selected him as one of the nations first 60 recipients of the Presidential Early Career Award for Scientists and Engineers.

An expert in development and macroeconomics, Kremer's areas of research include fertility, education, research incentives and economic growth.

Until last year, Kremer was happily ensconced at MIT, where he already had tenure. But when Williamson dangled Harvard's offer, Kremer came.

And then there's Pakes, an industrial organization and econometrics expert.

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