Edward S. Harkness Professor of Economics and Political Science Fellow of the American Academy of Arts and Sciences Fellow of the Econometric SocietyDiplôme Docteur honoris causa, L'université Pierre Mendès (France), 1996 Doctor of Letters honoris causa, Purdue University , 1995 Vernon L. Smith, Nobel Prize winner in Economics, 2002, is currently Professor of Economics and Law at George Mason University, a research scholar in the Interdisciplinary Center for Economic Science, and a Fellow of the Mercatus Center all in Arlington, VA. He received his bachelor's degree in Electrical Engineering from Cal Tech, and his Ph.D. in Economics from Harvard. He has authored or co-authored over 200 articles and books on capital theory, finance, natural resource economics and experimental economics.