A well-respected economics professor, who called Bucks County his home, is being remembered for his work in his field of choice.

Roy Radner recently passed away at the age of 95. A resident of Newtown, he was a well-known and widely respected teacher and researcher in the field of microeconomics, of which he was a leading theorist.

Radner was the Leonard N. Stern School Professor of Business at New York University until 2017. A recipient of a Guggenheim Fellowship, he gave the 1989-1990 Marshall Lectures at the University of Cambridge. An alum of the University of Chicago, he taught at Yale and the University of California at Berkeley before his tenure at the Manhattan university.

A major influencer in the world of academia, he created the Radner equilibrium, a major concept in economics, in 1968. A model of financial markets, the concept cemented his place in the economic sphere of studies known as the Chicago school of economics. Other major economic thinkers in this school of thought include Milton Friedman, George Stilgler, and Thomas Sowell.

With a keen eye for detail in an important field of study, Radner’s home in Bucks County makes him one of the most influential residents to reside in the area.

Read more about Radner’s life at The Edge Program.