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(Boston) — Laurence Kotlikoff, professor of economics and department chairman at Boston University, has been elected to the American Academy of Arts and Sciences — an international learned society that promotes the study of emerging problems in science, global security, social policy, education, and the humanities. Kotlikoff will officially be inducted into the Academy next fall at their Cambridge, Mass. headquarters.
In recent years, Kotlikoff has been sounding the alarm about the coming crisis in Social Security and Medicare funding. He’s written extensively about the disaster that shortfalls in Social Security could precipitate, most recently in his 2004 book “The Coming Generational Storm,” coauthored with Scott Burns. He is widely published in newspapers and magazines on issues of deficits, generational accounting, tax structure, social security, Medicare, health reform, pensions, saving, insurance, and personal finance.
Kotlikoff is one of 196 new fellows and 17 new foreign honorary members elected this year in recognition of their distinguished contributions to scholarship, business, the arts, and public affairs. A professor in BU’s College of Arts and Sciences, Kotlikoff is one of 19 BU faculty members to serve as Academy fellows.
The Academy’s class of 2005 includes Nobel Prize-winning physicist Eric Cornell of the University of Colorado, Supreme Court Chief Justice William Rehnquist, Academy Award-winning actor and director Sidney Poitier, journalist Tom Brokaw, and four Pulitzer Prize winners.
In addition to having served as senior economist on President Reagan’s Council of Economic Advisers and as consultant to the International Monetary Fund, the World Bank, major U.S. corporations, and foreign governments, Kotlikoff has provided expert testimony on numerous occasions to Congressional committees.
Founded in 1780, the Academy has elected as fellows and foreign honorary members the finest minds and most influential leaders from each generation. The current membership includes more than 150 Nobel laureates and 50 Pulitzer Prize winners.
Boston University, with more than 29,000 students enrolled in its 17 Schools and Colleges, is the fourth largest independent University in the United States.