Bradley Foundation Announces Harvard Economist Martin S. Feldstein to Receive 2007 Bradley Prize for Outstanding Achievement

MILWAUKEE, WI -- The Lynde and Harry Bradley Foundation announced today 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, Harvard University, and President, National Bureau of Economics Research.

Dr. Feldstein will be presented the award during a ceremony to be held at the John F. Kennedy Center for the Performing Arts in Washington, D.C. on Thursday, May 3. Former Ambassador John Bolton and two other recipients 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,” said Michael W. Grebe, President and Chief Executive Officer of the Bradley Foundation. “Through his teaching, he has inspired a generation of economic thinkers who have shaped and defined government policy.”

Professor Feldstein served as the Chairman of the Council of Economic Advisers under President Reagan from 1982 to 1984. In 2004, he was elected President of the American Economic Association, and in 2006, President Bush appointed him as a member of the President’s Foreign Intelligence Advisory Board. Professor 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 solicited from more than 100 prominent individuals and chosen by a Selection Committee, which included: Thomas L. “Dusty” Rhodes, Michael W. Grebe, Hon. Robert H. Bork, Heather Mac Donald, Charles Krauthammer, Br. Bob Smith, George F. 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,” said Mr. Grebe.

Founded in 1985, The Lynde and Harry Bradley Foundation is devoted to strengthening American democratic capitalism and the institutions, principles and values that sustain and nurture it. Its programs support limited, competent government; a dynamic marketplace for economic, cultural activity; and a vigorous defense, at home and abroad, of American ideas and institutions. Recognizing that responsible self-government depends on enlightened citizens and informed public opinion, the Foundation supports scholarly studies and academic achievement.

To schedule an interview with Bradley Foundation President & CEO, Michael Grebe, please contact Kevin McVicker with Shirley & Banister Public Affairs at (703) 739-5920 or (800) 536-5920.