C. Eugene Steuerle was named winner of the $10,000 TIAA-CREF Paul A. Samuelson Award for Outstanding Scholarly Writing on Lifelong Financial Security, the TIAA-CREF Institute said in a statement Jan. 5.
Mr. Steuerle, the Richard B. Fisher chair at the Urban Institute and an institute fellow, was recognized for his book “Dead Men Ruling: How to Restore Fiscal Freedom and Rescue Our Future.”
In his book, Mr. Steuerle “explores ways to advance our economic security by bringing new resources to our government,” the statement said.
The book does not address institutional pension investment management, said Ken Luck, TIAA-CREF Institute spokesman, in an interview. The book examines “things in the economy that can be improved” to enhance financial security, Mr. Luck said.
The book “tackles one of the most pressing issues of today — making sure the nation invests in its future and its children, which cannot be done without restoring flexibility to our federal budget,” Mr. Steuerle said in the statement.
James Choi, professor of finance at Yale University and a judge of the Samuelson prize competition, said in the statement, “Steuerle's work is exemplary in that it shows how our government's fiscal situation is linked to various issues that have been solidifying for decades, and he lays out proposals that deserve serious consideration.”