In honor of Kevin M. Murphy: Winner of the John Bates Clark Medal

Kevin M. Murphy is the winner of the 1998 John Bates Clark Medal, presented by the American Economic Association every second year to an outstanding economist under the age of forty who is selected for special recognition. He is the George Pratt Schultz Professor of Business Economics and Industrial Relations in the University of Chicago's Graduate School of Business and is the model of an applied economist. I will survey a selection of his papers, highlighting his accomplisments in three principle areas-income inequality, unemployment, and economic growth-and considering a representative smattering of other topics.