In Memoriam Harold M. Hochman

The Ph.D. Program in Economics regrets to announce the death of Professor of Economics Emeritus Harold M. Hochman on July 25, 2020 at the age of 84.  Professor Hochman taught at Baruch College and the Graduate Center from 1975 to 1992.  During part of that time, he was Director of the Center for Business and Government at Baruch College.  After leaving the City University of New York, he was the William E.  Simon Professor of Political Economy at Lafayette College from 1992 to his retirement in 2003. 


Professor Hochman received his undergraduate degree and his Ph.D. from Yale University.  Prior to coming to CUNY, he taught at the University of Virginia and was Director of Studies in Urban Public Finance and Senior Research Associate at the Urban Institute.  His fields of specialization were public finance and urban economics, and he published extensively in these areas.  He also served as the editor of the Eastern Economic Journal for most of his tenure at Lafayette College and was on the editorial boards of the National Tax Journal and the Public Finance Quarterly for many years.


According to Distinguished Professor of Economics Emeritus Michael Grossman, “Professor Hochman’s seminal contributions to the theory of optimal income distribution in the two leading journals in economics—the American Economic Review and the Quarterly Journal of Economics­—created a whole new area of investigation in public finance.  His contributions in urban economics dealing with appropriate policies to address key problems faced by large and diverse cities were equally important.  His courses in public finance and urban economics were highly regarded by Graduate Center Ph.D. candidates in economics, and he was an extremely active participant in dissertation supervision.”


Below is a picture of Professors Hochman, Grossman, and seven alumni of the CUNY Graduate Center Ph.D. Program in Economics.  It was taken at the 24th Arne Ryde Symposium entitled “Economics of Substance Use: Individual Behavior, Social Interactions, Markets, and Politics” at Lund University in Sweden in August 2004.



Standing Left to Right: Professor Hochman, Henry Saffer, Sara Markowitz, Hope Corman, Tetsuji Yamada, Nancy Reichman, and Robert Kaestner.  Seated: Professor Grossman.  Kneeling: Dhaval Dave.

Submitted on: OCT 28, 2020

Category: Economics | Faculty | Faculty and Staff Relations