Richard Nathaniel Rosett (February 29, 1928 – April 4, 2009) was an American economist and university administrator who served as the dean of the

University of Chicago Booth School of Business The University of Chicago Booth School of Business (Chicago Booth or Booth) is the graduate business school of the University of Chicago. Founded in 1898, Chicago Booth is the second-oldest business school in the U.S. and is associated with 10 N ...

from 1974 to 1982, Arts and Sciences at

Washington University in St. Louis Washington University in St. Louis (WashU or WUSTL) is a private research university with its main campus in St. Louis County, and Clayton, Missouri. Founded in 1853, the university is named after George Washington. Washington University is r ...

from 1984 to 1987, as well as chairman of the

National Bureau of Economic Research The National Bureau of Economic Research (NBER) is an American private nonprofit research organization "committed to undertaking and disseminating unbiased economic research among public policymakers, business professionals, and the academic c ...

Biography

Rosett was born on February 29, 1928. He received his B.A. from

Columbia University Columbia University (also known as Columbia, and officially as Columbia University in the City of New York) is a private research university in New York City. Established in 1754 as King's College on the grounds of Trinity Church in Manhatt ...

in 1953, and a PhD from

Yale University Yale University is a Private university, private research university in New Haven, Connecticut. Established in 1701 as the Collegiate School, it is the List of Colonial Colleges, third-oldest institution of higher education in the United Sta ...

in 1957. He joined the

University of Rochester The University of Rochester (U of R, UR, or U of Rochester) is a private university, private research university in Rochester, New York. The university grants Undergraduate education, undergraduate and graduate degrees, including Doctorate, do ...

's economics department in its founding year, eventually becoming departmental chair from 1966 to 1974, during which he mentored future Nobel Prize winner

Richard Thaler Richard H. Thaler (; born September 12, 1945) is an American economist and the Charles R. Walgreen Distinguished Service Professor of Behavioral Science and Economics at the University of Chicago Booth School of Business. In 2015, Thaler was p ...

. Rosett had begun buying and collecting wine since the 1950s, and Thaler studied his wine buying habits and incorporated them into his award-winning research in Behavioral economics. From 1974 to 1982, he served as the dean of the

. During his tenure, the school saw enrollment rise 50 percent, faculty increased by one-third, and enrollment doubled. The quality of enrolling students also increased greatly. He was appointed Dean of

Arts and Sciences at Washington University in St. Louis Arts & Sciences is home to the College of Arts & Sciences as well as graduate programs across its many departments. The current Dean of the Faculty is Feng Sheng Hu, the Lucille P. Markey Distinguished Professor in Arts & Sciences. Arts & Scienc ...

in 1984 and served in that position until 1987, when he stepped down and remained a professor of economics at the university until 1990. From 1977, he has been a member of the executive committee of the

, eventually becoming chairman of NBER. In 1990, he became Dean of the College of Business at

Rochester Institute of Technology Rochester Institute of Technology (RIT) is a private research university in the town of Henrietta in the Rochester, New York, metropolitan area. The university offers undergraduate and graduate degrees, including doctoral and professional ...

(now named Saunders College of Business) and served until 1996. During his tenure, the school was named one of the top 50 undergraduate business programs by the U.S. News & World Report. As dean of the business college, he also helped found the U.S. Business School in

Prague Prague ( ; cs, Praha ; german: Prag, ; la, Praga) is the capital and List of cities in the Czech Republic, largest city in the Czech Republic, and the historical capital of Bohemia. On the Vltava river, Prague is home to about 1.3 milli ...

, an MBA program aimed at transforming the Czech economy from socialist to free market. In 2006, Rosett received an honorary degree from

Keuka College Keuka College is a private college in Keuka Park, New York. Founded in 1890, the college emphasizes experiential learning as well as career and pre-professional education. It is classified among "Master's Colleges and Universities (small)" and ...

, where he was also a member of the college's board of trustees. Rosett died on April 4, 2009.

References

{{DEFAULTSORT:Rosett, Richard N. 1928 births 2009 deaths Columbia College (New York) alumni Yale University alumni University of Chicago Booth School of Business faculty Washington University in St. Louis faculty Rochester Institute of Technology faculty National Bureau of Economic Research American university and college faculty deans