British Academy President wins Schumpeter Award

Lord Stern of Brentford today received the Joseph A. Schumpeter Award 2015. The award was presented to him by Andreas Mailath-Pokorny, Executive City Councillor for Cultural Affairs and Science and Member of the City Senate of Vienna at a ceremony held in the Austrian National Bank.

The Schumpeter Award is funded by the Helmut Zilk Fund for International Relations of Vienna and is awarded by the Schumpeter Society for innovative achievements in the field of business, economics, or economic policy.

Andreas Mailath-Pokorny said:

“Nicholas Stern is a renowned economist, and one can say that he has acted also as a researcher on our future. His far-sighted analysis on climate change and the economic consequences of related impacts combine various scientific disciplines to understand the important issue of how humans will live together in the future”

Lord Stern said:

“I am extremely honoured to receive the Joseph A. Schumpeter Award. I have been greatly influenced by Schumpeter’s work throughout my career, from when I first studied economics as a student, up to my current time at London School of Economics and Political Science.”

In Autumn 2015, the British Academy will be holding a series of Debates to discuss Energy and the Environment. This follows the success of previous Debates on Ageing, Immigration and Well-being. The British Academy Debates aim to show humanities and social sciences ‘at work’ – helping us understand the nature of the challenges we face as societies, as economies and as individuals.