These comments were offered by Professor Samuelson at the Fifth Annual Award Ceremony, which was held during the ASSA Annual Conference in New Orleans, Louisianna. Professor Samuelson speaks about his introduction to economics and quotes A. Lawrence Lowell, the first President of Harvard Business School, where he referred to business as "the oldest of the arts, the newest of the professions."
The winner this year was Nicholas Barberis, Professor at the University of Chicago’s Graduate School of Business.