Kevin M. Murphy is a wide-ranging economist with an aptitude for applying careful empirical analyses within rigorous theoretical frameworks to economic questions of immense social import. Early in his career, Murphy identified how trends in wage inequality reflect underlying changes in demand for labor. Kevin Murphy received an A.B. (1981) from the University of California, Los Angeles and a Ph.D. (1986) from the University of Chicago. He is the author of numerous articles, appearing in such publications as the Journal of Law and Economics, Journal of Political Economy, and American Economic Review. He is also the co-author of Social Economics: Market Behavior in a Social Environment (2000) and co-editor of Measuring the Gains from Medical Research: An Economic Approach (2003). He has been on the faculty at the University of Chicago since 1986, where he is the George J. Stigler Distinguished Service Professor of Economics in the Department of Economics and Graduate School of Business.