Silver Scholar Award

This award honors the important work of economists, demographers, and related researchers whose scholarship increases our understanding of the value of healthy life after 65 and continued medical innovations that help people live longer in good health.  The award also increases and nurtures scholarly pursuits of insights at this important juncture of aging, health care, and economics.

As our population ages with increasing chronic disease, the U.S. faces enormous and unprecedented stresses to its health care system and economy. The Alliance for Aging Research believes that efforts to control these rising costs should focus on investments in research and innovation. The Alliance’s widely-accepted resource—The Silver Book: Chronic Disease and Medical Innovation in an Aging Nation—highlights important health economic data that showcases the value of innovation.

A critical component of health economics, cost-effectiveness analysis looks primarily at life-years gained, lost workdays avoided, and health services that weren’t used. Unfortunately, the accepted methods often fail to take into account the fairly new phenomenon of active aging. While many Americans age 65 and older are no longer in the “traditional” workforce, they are increasingly seeking opportunities for civic engagement, exploring new careers, supporting families, and continuing to contribute to society. These factors tend not to be reflected in traditional cost-effectiveness evaluations.

Silver Scholars receive a cash prize in recognition of their valuable research and to support the writing of a review or analysis of their work—to be published in a peer-reviewed journal. A public event is held to announce the publication of this paper. 

 2013 MetLife Foundation Silver Scholar Award Recipient

David Wise, PhD, was selected as the 2013 MetLife Foundation Silver Scholar in honor of his innovative work to change the discussion around rising cost of health care associated with the aging of our nation, preventive strategies aimed at keeping aging populations healthier longer, and thought leadership on the positive contributions that health and education early in life make to security in retirement.  Read the announcement here.

David A. Wise, PhD
The John F. Stambaugh Professor of Political Economy
John F. Kennedy School of Government, Harvard University
and
Area Director Health and Retirement Programs
National Bureau of Economic Research

David's early research I focused on youth employment, the economics of education and college choice, and methodological econometric work. As Area Director Health and Retirement Programs at the National Bureau of Economic Research his research has been directed to issues related to population aging. For many years he has been directing an International Social Security project that brings together researchers from 12 countries—Japan, Canada, the United States, the United Kingdom and eight European countries. The project uses differences across countries to evaluate the implications of the provisions of social security programs. His work finds for example, that in many countries the provisions induce early retirement. The results of the project to date have been published in a series of University of Chicago Press volumes on Social Security and Retirement Around the World.

David has written extensively on the determinants of retirement in the United States, in particular the retirement incentives of defined benefit pension plans. He has written widely on the saving effect of personal retirement programs, including the market risk of personal accounts compared to the job-change risk of defined benefit pension plans. This work also emphasizes the future accumulation of pension assets associated with the conversion from retirement saving through defined benefit plans to saving through 401(k) and other personal retirement plans. He has also given considerable attention to the importance of housing wealth as persons age, which tends to be conserved until the advent of a precipitating shock such as death of a spouse or entry into a nursing home.

His most recent work emphasizes the financial circumstances of retirees and considers whether they were prepared for retirement. David has also been directing attention to institutional and policy responses to demographic trends and in particular the potential for longer working lives and ways to facilitate working longer.

 2012 MetLife Foundation Silver Scholar Award

Linda P. Fried, MD, MPH, was selected as the 2012 MetLife Foundation Silver Scholar in honor of her innovative work contributing pragmatic solutions to address the rising cost of health care associated with the aging of our nation, preventive strategies aimed at keeping aging populations healthier longer, and thought leadership on the positive contributions that greater longevity brings to society. Read the announcement here.

Linda P. Fried, MD, PhD
Dean, Mailman School of Public Health
Senior Vice President, Columbia University Medical Center
DeLamar Professor of Public Health
Professor of Epidemiolgy & Medicine

Dr. Linda P. Fried is a leader in the fields of epidemiology and geriatrics who has dedicated her career to the science of healthy aging and creating the basis for a transition to a world where greater longevity benefits people of all ages. An internationally renowned scientist, she has done seminal work in defining frailty as a medical condition, illuminating its causes and the potential for prevention as keys to optimizing health for older adults.

Dr. Fried is also the designer and co-founder of Experience Corps, a scientifically designed community-based program in 19 cities that puts senior volunteers to work in public schools. Acting as tutors and mentors, the older volunteers help boost students' academic performance while bolstering their own health through the continued activity and community interaction. Dr. Fried led a randomized, controlled trial of this innovative intervention to determine its efficacy in preventing physical disability and cognitive decline among older adults, while raising child literacy – providing evidence for the potential win-wins of an aging society.

Before coming to Columbia in 2008 as Dean of the Mailman School, Dr. Fried founded the Johns Hopkins Center on Aging and Health, directed the Program in the Epidemiology and Biostatistics of Aging and the Division of Geriatric Medicine and Gerontology, and held joint appointments in the schools of medicine, nursing and public health.

Dr. Fried is the recipient of numerous awards. Among them, in 2004, the U.S. Congress named her a Living Legend in Medicine. She received the the Alliance for Aging Research's inaugural 2011 "Silver Innovator Award," their 2012 Silver Scholar Award, and Foundation IPSEN's 2012 Longevity Prize, all in recognition of career contributions to aging research. That same year, Dr. Fried was profiled by the New York Times as one of 15 world leaders in science.

Dr. Fried is a member of numerous editorial and advisory boards. Dr. Fried is an elected member of the National Academy of Sciences' Institute of Medicine, as well as the Association of American Physicians. She is a member of the MacArthur Network on an Aging Society and the World Economic Forum's Council on an Aging Society and their Global Task Force on Social Protection. (see complete bio.)

 2011 MetLife Foundation Silver Scholar Award

Economists Dr. David Cutler, Department of Economics and Kennedy School of Government, Harvard University; and Dr. Dana P. Goldman, University of Southern California School of Policy, Planning, and Development; were jointly awardedthe Silver Scholar award in honor of their important work in helping to clearly define the value of healthy aging and medical innovations that help individuals live healthier, longer.  Read the announcement here.

Dana Goldman, PhD
Professor

Leonard D. Schaeffer Chair and Director USC Schaeffer Center for Health Policy & Economics
USC Price

Dana Goldman is a Professor and the Leonard D. Schaeffer Chair and Director of the USC Schaeffer Center for Health Policy and Economics. Until Fall 2009, he held RAND’s Distinguished Chair in Health Economics and directed RAND’s program in Economics, Finance, and Organization. He is also an Adjunct Professor of Health Services and Radiology at UCLA.

Dr. Goldman is a nationally-recognized health economist influential in both academic and policy circles. He is the author of over 100 articles and book chapters, including articles in some of the most prestigious medical, economic, health policy, and statistics journals. He is a health policy advisor to the Congressional Budget Office, and is a frequent speaker on health care issues. He serves on several editorial boards including Health Affairs and the American Journal of Managed Care. He is also a founding editor of the Forum for Health Economics and Policy, an online journal devoted to health economics and health policy.

Dr. Goldman’s work has been featured in the New York Times, Wall Street Journal, Washington Post, Business Week, U.S. News and World Report, The Economist, NBC Nightly News, CNN, National Public Radio, and other media. Dr. Goldman was the 2009 recipient of the Eugene Garfield Economic Impact Prize, recognizing outstanding research demonstrating how medical research impacts the economy. He was awarded the National Institute for Health Care Management Research Foundation award for excellence in health policy, and the Alice S. Hersh New Investigator Award recognizing the contributions of a young scholar to the field of health services research. He also has served on several panels for the National Academy of Sciences and Institute of Medicine, including a current panel on the fiscal future of the United States.

Dr. Goldman’s research sponsors include the National Institutes of Health, National Institute on Aging, National Cancer Institute, National Science Foundation, Amgen, Merck, Genentech, Pfizer, UnitedHealth, Pacificare, California Healthcare Foundation, Smith Richardson Foundation, Department of Defense, Department of Labor, and the Agency for Healthcare Research and Quality.

Dr. Goldman is also a research associate with the National Bureau of Economic Research, the nation’s leading economic research organization. He is the director of the RAND/UCLA Health Services Research Postdoctoral Training Program. He is also a founder and managing director of Precision Health Economics, a consulting firm to the health care industry. Dr. Goldman received his B.A. summa cum laude from Cornell University and a Ph.D. in Economics from Stanford University.

David Cutler, PhD
Otto Eckstein Professor of Applied Economics

Harvard University

David Cutler has developed an impressive record of achievement in both academia and the public sector. He served as Assistant Professor of Economics from 1991 to 1995, was named John L. Loeb Associate Professor of Social Sciences in 1995, and received tenure in 1997. He is currently the Otto Eckstein Professor of Applied Economics in the Department of Economics and holds secondary appointments at the Kennedy School of Government and the School of Public Health.  Professor Cutler was associate dean of the Faculty of Arts and Sciences for Social Sciences from 2003-2008.

Honored for his scholarly work and singled out for outstanding mentorship of graduate students, Professor Cutler's work in health economics and public economics has earned him significant academic and public acclaim. Professor Cutler served on the Council of Economic Advisers and the National Economic Council during the Clinton Administration and has advised the Presidential campaigns of Bill Bradley, John Kerry, and Barack Obama as well as being Senior Health Care Advisor for the Obama Presidential Campaign. Among other affiliations, Professor Cutler has held positions with the National Institutes of Health and the National Academy of Sciences. Currently, Professor Cutler is a Research Associate at the National Bureau of Economic Research, a member of the Institute of Medicine, and a Fellow of the Employee Benefit Research Institute.  He advises many companies and groups on health care.

Professor Cutler was a key advisor in the formulation of the recent cost control legislation in Massachusetts, and is one of the members of the Health Policy Commission created to help reduce medical spending in that state.

Professor Cutler is author of two books, several chapters in edited books, and many of published papers on the topic s of health care and other public policy topics.   Author of Your Money Or Your Life: Strong Medicine for America's Health Care System, published by Oxford University Press, this book, and Professor Cutler's ideas, were the subject of a feature article in the New York Times Magazine, The Quality Cure, by Roger Lowenstein. Cutler was recently named one of the 30 people who could have a powerful impact on healthcare by Modern Healthcare magazine and one of the 50 most influential men aged 45 and younger by Details magazine.

Professor Cutler received an AB from Harvard University (1987) and a PhD in Economics from MIT (1991).