Frederic M. Scherer

Frederic Michael Scherer (born 1932 in Ottawa, Illinois) is an American economist and expert on industrial organization.

Early and family life

Scherer received his A.B. degree from the University of Michigan and his M.B.A. with distinction from Harvard University in 1958 and his PhD in economics from the same institution in 1963.

He is married to Barbara Silbermann Scherer, and the couple have three children and eight grandchildren.

Career

Scherer served as the chief economist for the Federal Trade Commission in 1974-76.^[1] He has taught at Princeton University, Northwestern University, Swarthmore College, Haverford College, the University of Bayreuth and the Central European University. Since 2006 Scherer has been Emeritus Professor of Public Policy and Corporate Management in the Aetna Chair, in the John F. Kennedy School of Government, Harvard University.

His research specialties include industrial economics and the economics of technological change, on which he has many much-cited publications, including the books listed below, and the articles in ^[2][3] His 1971 textbook on Industrial Organization has gone through many editions, and Scherer still participates on the advisory board for the scholarly magazine of the same name. Scherer has also published recently concerning patent policy reform.^[4] Upon the recent death of Thomas McCraw, Scherer may be the scholar with the most expertise concerning the theories of former Harvard professor Joseph Schumpeter, about whom he has made a series of YouTube videos.^[5]

Honors

Scherer received an honorary doctorate from the University of Hohenheim, Germany. He has served as president of the Industrial Organization Society, as well as of the International Joseph A. Schumpeter Society, and vice president of the American Economic Association and of the Southern Economic Association.

Publications

• Frederic M. Scherer, Quarter Notes and Bank Notes: The Economics of Music Composition in the 18th and 19th Centuries (Princeton University Press, 2004).

• Frederic M. Scherer, Competition Policy, Domestic and International (Edward Elgar, 2001).

• Frederic M. Scherer, New Perspectives on Economic Growth and Technological Innovation (Brookings Institution, 1999).

• Frederic M. Scherer, Industry Structure, Strategy, and Public Policy (Harper Collins, 1996). ISBN 9780673992895.

• Frederic M. Scherer, Competition Policies for an Integrated World Economy (Brookings Institution, 1994).

• Frederic M. Scherer and David J. Ravenscraft, International High-Technology Competition; Competition Policies for an Integrated World Economy; Mergers, Sell-offs, and Economic Efficiency (Harvard University Press, 1992).

• Frederic M. Scherer and David Ross, [1970] 1990. Industrial Market Structure and Economic Performance, 3rd ed. Houghton-Mifflin. Description and 1st ed. review extract.

• Frederic M. Scherer and David J. Ravenscraft, Mergers, Sell-offs, and Economic Efficiency (Brookings Institution, 1987).

• Frederic M. Scherer, Innovation and Growth: Schumpeterian Perspectives(MIT Press, 1984).

• Frederic M. Scherer, The Economic Effects of Compulsory Patent Licensing (New York University Monograph Series in Finance and Economics, 1977).

• Frederic M. Scherer with Alan Beckenstein, Erich Kaufer, and R. D. Murphy, The Economics of Multi-Plant Operation: An International Comparisons Study (Harvard University Press, 1975).

• Frederic M. Scherer, Industrial Market Structure and Economic Performance (first ed. 1970; second ed. 1980; third ed. (with David Ross) 1990; Houghton Mifflin).

• Frederic M. Scherer and M. J. Peck, The Weapons Acquisition Process: Economic Incentives (Harvard Business School Division of Research, 1964).

• Frederic M. Scherer and M. J. Peck, The Weapons Acquisition Process: An Economic Analysis (Harvard Business School Division of Research, 1962).

References

External references

• Homepage of Frederic M. Scherer at John F. Kennedy School of Government.