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Terminology

John Bates Clark Medal

The John Bates Clark Medal is awarded by the American Economic Association to "that American economist under the age of forty who is adjudged to have made a significant contribution to economic thought and knowledge." The award is named after the American economist John Bates Clark (1847–1938). According to The Chronicle of Higher Education, it "is widely regarded as one of the field's most prestigious awards.. Second only to the Nobel Memorial Prize in Economic Sciences." Many of the recipients went on to receive the Nobel Prizes in their later careers, including the inaugural recipient Paul Samuelson.

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  1. 01Origins and development
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