Albert Rees place of death University Medical Center of Princeton at Plainsboro
Discussion
Born in New York City, Rees earned his bachelor's degree from Oberlin College in 1943. He later received his master's degree and his doctorate in economics from the University of Chicago. After obtaining his Ph.D. in 1950, he went on to chair the economics department at Chicago from 1962 to 1966 before moving to Princeton as economics chair there. He later co-authored a landmark labor study with George P. Shultz. Another notable book, The Economics of Work and Pay, remained in print for two decades over at least six editions at HarperCollins. Notable doctoral students at Princeton included the future Nobel Laureate James Heckman. He won many awards, including a Guggenheim Fellowship in 1969 and election to the American Academy of Arts and Sciences in 1971. Rees died on September 5, 1992, at University Medical Center of Princeton.Since 1997, Princeton University awards the "Albert Rees Prize" for an outstanding dissertation in labor economics. Oberlin College has also established multiple Albert Rees prizes, including a Fellowship and an Assistantship.Duke University Libraries has a special collection with his papers. Additional special collections at George Mason University Libraries and the Ford Presidential Library house archives for the Council on Wage and Price Stability, of which he was the founding director.
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