ON-Lion Letter
The Lynde and Harry Bradley Foundation in Milwaukee has announced that one of four 2007 Bradley Prizes to honor outstanding achievement will be awarded to Martin S. Feldstein, the George F. Baker Professor of Economics at Harvard University and president of the National Bureau of Economic Research.

Feldstein will be presented the award during a ceremony at The John F. Kennedy Center for the Performing Arts in Washington, D.C., on Thursday, May 3.  Former U.S. Amb. to the U.N. John Bolton, civil-rights scholars Abigail and Stephan Thernstrom, and social scientist James Q. Wilson will also be honored.  Each award carries a stipend of $250,000.

"The Bradley Foundation is honoring Martin Feldstein for his contribution to economic thought and his vigorous defense of free markets," according to Michael W. Grebe, the Foundation's president and chief executive officer.  "Through his teaching, he has inspired a generation of economic thinkers who have shaped and defined government policy."

Feldstein served as chairman of the Council of Economic Advisors under President Ronald Reagan from 1982 to 1984.  In 2004, he was elected president of the American Economic Association, and in 2006, President George W. Bush appointed him as a member of the President's Foreign Intelligence Advisory Board

Feldstein is internationally recognized for his innovative research on tax policy, Social Security and health economics, international finance, and the economics of national security.

The selection was based on nominations from more than 100 prominent individuals and chosen by a committee that included Thomas L. "Dusty" Rhodes, Grebe, Robert Bork, Pierre S. du Pont, Heather Mac Donald, Charles Krauthammer, Brother Bob Smith, George Will, and Dianne Sehler.

"Through the Bradley Prizes, we recognize individuals who have made outstanding contributions and we hope to encourage others to strive for excellence in their respective fields," Grebe said.
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